CLN Energy IPO GMP, Open Date, Price, Allotment Status, Listing Date

CLN Energy IPO open date is on January 23 to January 27, 2025. This new IPO is a book-built issue of Rs 72.30 crore. This upcoming IPO is entirely a fresh issue of 28.92 lakh equity shares. 

CLN Energy IPO price band is Rs 235 to Rs 250 per share. CLN Energy IPO GMP is 25 indicating mild bullish sentiment for this IPO among investors. Live IPO Grey Market Premium details are visible online.

CLN Energy IPO lot size is 600 shares. The IPO allotment status live is to be finalised on January 28, 2025. The minimum investment for the retail investors for 1 lot is Rs 1,50,000. The registrar for the CLN Energy IPO is Bigshare Services Services Limited. CLN Energy IPO listing date is January 30, 2025. 

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CLN Energy IPO GMP

CLN Energy IPO GMP is Rs 25 per share. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then CLN Energy IPO GMP might rise in the coming days.

CLN Energy IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 8% or above, then the possibility of the oversubscription increases. 

However, if the Live IPO GMP quotes is below 8% premium, then most investors tend to lose interest in applying in the IPO and the probability of the under-subscription increases. Here, in CLN Energy IPO GMP is expected to quote the initial ticks at the 10% or above premium.

CLN Energy IPO Price Band

CLN Energy IPO price band is Rs 235 to Rs 250 per share. The minimum amount of investment for the retail category is to be at Rs 1,50,000. The minimum investment for the HNI is Rs 3,00,000.

CLN Energy IPO Open Date, Close Date

CLN Energy IPO open date is 23 January 2025 and closing date is 27 January 2025. The initiation of the refund date is 29 January 2025, and the credit of shares will be on 29 January 2025.

CLN Energy IPO Allotment Status Live

CLN Energy IPO allotment status live will be finalised on 28 January 2025. The listing will be on the NSE SME platform on 30 January 2025. The registrar of this IPO is Bigshare Services Services Limited. Investors can check their allotment status after the subscription of the IPO ends.

CLN Energy IPO Listing Date

CLN Energy IPO's listing date will be on January 30, 2025. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

CLN Energy IPO: Listing Date, Lot Size, Price Band

CLN Energy Limited: About the Company

CLN Energy Limited was incorporated in 2019, and is engaged in the business of manufacturing customized lithium-ion batteries and motors. It deals in powertrain components for electric vehicles, including controllers, throttles, DC-DC converters, displays, and differentials.

CLN Energy Limited offers B2B solutions for electric vehicles and stationary applications like solar, energy storage systems, and telecommunications.

The company manufactures a range of components for electric vehicles, including motors, controllers, battery management systems, throttle bodies, and DC-DC converters. They sell Lithium-ion Battery Packs, motors and powertrain components under the brand name CLN Energy.

CLN Energy IPO Objectives

The funds raised from CLN Energy IPO will be used for purchase of machinery and equipment. Also, to fund the working capital needs and fulfilling the general corporate purposes. 

CLN Energy IPO: Key Dates, Allotment, Listing Date

CLN Energy IPO Subscription Status Live

CLN Energy IPO subscription status will be available after the IPO opens on January 23, 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors. 

CLN Energy IPO Promoter Holdings

CLN Energy IPO promoters are CLN Energy Pte. Ltd. and Rajiv Seth. The promoters' shareholdings before the IPO were 99.99%; however, after the IPO, shareholdings will decline to 72.54%.

CLN Energy  Limited Company Financials

CLN Energy Limited posted revenue of Rs 128.88 crore and net profit of Rs 132.86 crore for the period ending on 31 March 2024. The company’s revenue increased from Rs 128.88 cr to Rs 132.86 cr. The net profit increased from Rs 0.73 crore to Rs 9.79 crore between the FY ending on 31 March 2024 and 31 March 2023.

CLN Energy IPO Registrar

CLN Energy IPO registrar is Bigshare Services Services Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

CLN Energy IPO Lead Managers

CLN Energy IPO lead managers are Aryaman Financial Services Limited.

How to apply to CLN Energy IPO

Interested investors can apply to the CLN Energy IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul. 

CLN Energy IPO Review

CLN Energy IPO may get a positive response from the general public. The company is involved in the Lithium-ion battery manufacturing business. So, investors interested in the battery manufacturing sector can apply to this IPO. 

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then CLN Energy IPO GMP live will also rise. 

CLN Energy IPO FAQ

1. What are the details of the CLN Energy IPO?

CLN Energy IPO is a book-built issue of Rs 72.30 crore. This upcoming IPO is entirely a fresh issue of 28.92 lakh equity shares. 

2. When will the CLN Energy IPO open and close?

CLN Energy IPO open date is 23 January 2025 and closing date is 27 January 2025. The initiation of the refund date is 29 January 2025, and the credit of shares will be on 29 January 2025.

3. What is CLN Energy IPO GMP Today?

CLN Energy IPO GMP is Rs 25 per share. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then CLN Energy IPO GMP might rise in the coming days.

4. What are the details of CLN Energy IPO Subscription Status Live?

CLN Energy IPO subscription status will be available after the IPO opens on January 23, 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors. 

5. Write the details of the IPO Allotment Status Live?

CLN Energy IPO allotment status live will be finalised on 28 January 2025. The listing will be on the NSE SME platform on 30 January 2025. The registrar of this IPO is Bigshare Services Services Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for the CLN Energy IPO?

CLN Energy IPO registrar is Bigshare Services Services Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are Aryaman Financial Services Limited.

Also Read:

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• What is IPO GMP?
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• Difference between SME IPO and Mainline IPO?