Issue Price
₹250
Per Share
GMP
NIL
Grey Market
Est. Listing
₹250
Expected Price
Min. Application
₹300,000
2 lots × 600 shares
Incorporated in 2019, CLN Energy Limited manufactures customized lithium-ion batteries and motors, and it deals in powertrain components for electric vehicles, including controllers, throttles, DC-DC converters, displays, and differentials.The company offers B2B solutions for electric vehicles and stationary applications like solar, energy storage systems (ESS), and telecommunications.The company manufactures a range of components for electric vehicles, including motors, controllers, battery management systems (BMS), throttle bodies, and DC-DC converters.The company sells Lithium-ion Battery Packs, motors and powertrain components under the “ CLN Energy” brandThe company has two manufacturing facilities, one in Noida and the second one in Pune, Maharashtra.The manufacturing facilities are ISO certified has QMS 9001:2015, EMS 14001:2015 & OHSAS 45001:2018 certifications.As of September 30, 2024, the company had 155 permanent employees and 286 employees on a contract basis.Competitive StrengthsState of art manufacturing facilities at Pune and NoidaWell well-educated and experienced team of ProfessionalsLong-term relation with our customersIn-house Research and Development teamProviding critical business solutions and manufacturing customised productsConsistent track record of financial performance.
CLN Energy Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 156,000 | — | ₹3.90 Cr | — |
| TOTAL | 2,892,000 | 100.00% | ₹72.30 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹150,000 |
| Retail (Max) | 13 | 7,800 | ₹1,950,000 |
| sNII (Min) | 14 | 8,400 | ₹2,100,000 |
| bNII (Min) | 68 | 40,800 | ₹10,200,000 |
| Particulars | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 75.84 | 132.86 | 128.88 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 4.64 | 9.79 | 0.73 |
| Net Worth | 18.01 | 13.37 | 3.58 |
| Total Assets | 119.73 | 113.27 | 109.62 |
| Reserves & Surplus | 10.35 | 9.97 | 2.45 |
| Total Borrowings | 6.78 | N/A | N/A |