CLN Energy IPO: A Detailed Investor Guide

CLN Energy Limited, founded in 2019, is focused on reducing carbon emissions through innovative solutions for both mobile and stationary applications. The company specializes in lithium-ion batteries, aiming to contribute to the clean energy transition.

IPO Details

• Price Band: ₹ 235 to ₹ 250 per share
• Market Capitalization at Upper Price Band: ₹ 263.83 Crores
• Lot Size: 600 shares
• Retail Minimum Investment: ₹ 1,50,000 (for 600 shares)
• HNI Minimum Investment: ₹ 3,00,000 (for 1,200 shares)

Company Performance and Market Insights

• The Grey Market Premium (GMP) is ₹ 37, showing a potential 13.60% gain on listing.
• CLN Energy's core expertise lies in lithium-ion battery technology and applications across industries, including electric vehicles and renewable energy solutions.

IPO Objectives

The net proceeds from the IPO will be used for the following purposes:

1. Purchase of machinery and equipment (₹ 971 Lakhs)
2. Funding working capital requirements (₹ 4,022 Lakhs)
3. General corporate purposes

Financial Performance

• Revenue (FY 2024): ₹ 13,285.93 Lakhs
• Profit After Tax (FY 2024): ₹ 978.85 Lakhs
• Pre-issue P/E Ratio: 19.56x
• Post-issue P/E Ratio: 26.95x
• ROCE (FY 2024): 91.55%
• EPS (FY 24): Pre-issue: ₹ 12.78, Post-issue: ₹ 9.28

CLN Energy IPO Review

With strong financial growth, a robust GMP, and an attractive industry P/E ratio, CLN Energy's IPO is priced reasonably for those seeking listing gains. The company’s growth trajectory and clean energy focus make it a promising investment in the renewable energy sector.

Anchor Investors and Subscription Status

CLN Energy has successfully raised ₹ 20.52 Crores from Anchor Investors at ₹ 250 per share. As of January 28, 2025, the IPO has been subscribed 5.09 times, indicating healthy demand.

IPO Allotment Check:

• The allotment status will be available from January 28, 2025 on the Registrar's website. Investors can easily check the status by submitting their details.

Considering the company’s performance and the green energy focus, CLN Energy IPO presents a risky but promising opportunity for investors looking to benefit from the growing clean energy market.