CLN ENERGY LIMITED

23 Jan 2025 - 27 Jan 2025 Individual Category SME BSE

Min Investment

₹150000

Price Band

₹235-₹250

Issue Size

20.71 lakhs
Equity Shares

Lot Size

600

IPO Dates
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23 Jan 2025

Open Date

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27 Jan 2025

Close Date

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28 Jan 2025

Allotment Date

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30 Jan 2025

Listing Date

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

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About Cln Energy Limited

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.

Founded

2019

Managing Director

Sunil Gandhi

Parent Organization

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.

Company Promoters

CLN Energy Pte. Ltd. and Rajiv Seth

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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Select Lots & Price

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IPO Allotment

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