Disclaimer
The stock market is subject to significant volatility and inherent risks. Investing in stocks involves potential losses and is not guaranteed to generate profits. Prices of stocks can fluctuate unpredictably. We do not give you any buy/sell tips. This article is for Educational purposes only.
The CLN Energy IPO is a book-built issue of ₹72.30 crores, entirely comprising a fresh issue of 28.92 lakh shares.
The CLN Energy IPO opens for subscription on January 23, 2025, and closes on January 27, 2025. The allotment for the CLN Energy IPO is expected to be finalized on Tuesday, January 28, 2025. The listing on BSE SME is tentatively scheduled for Thursday, January 30, 2025.
The CLN Energy IPO price band is set at ₹235 to ₹250 per share. The minimum lot size for an application is 600 shares. The minimum investment required by retail investors is ₹1,50,000, while the minimum lot size investment for HNI is 2 lots (1,200 shares), amounting to ₹3,00,000.
| IPO Date | January 23, 2025 to January 27, 2025 |
| Listing Date | 30 Jan 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹235 to ₹250 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 28,92,000 shares (aggregating up to ₹72.30 Cr) |
| Fresh Issue | 28,92,000 shares (aggregating up to ₹ 72.30 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 76,61,250 shares |
| Share Holding Post Issue | 1,05,53,250 shares |
| Market Maker Portion | 1,56,000 shares Aryaman Capital Markets Limited |
| IPO Open Date | Thursday, January 23, 2025 |
| IPO Close Date | Monday, January 27, 2025 |
| Basis of Allotment | Tuesday, January 28, 2025 |
| Initiation of Refunds | Wednesday, January 29, 2025 |
| Credit of Shares to Demat | Wednesday, January 29, 2025 |
| Listing Date | Thursday, January 30, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 27, 2025 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,50,000 |
| Retail (Max) | 1 | 600 | ₹1,50,000 |
| HNI (Min) | 2 | 1,200 | ₹3,00,000 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not Less than 15% of the Net Issue |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 119.73 | 113.27 | 109.62 | 62.05 |
| Revenue | 75.84 | 132.86 | 128.88 | 121.7 |
| Profit After Tax | 4.64 | 9.79 | 0.73 | 3.64 |
| Net Worth | 18.01 | 13.37 | 3.58 | 2.86 |
| Reserves and Surplus | 10.35 | 9.97 | 2.45 | 1.72 |
| Total Borrowing | 6.78 |
Maximizing Opportunities with CLN Energy Limited IPO
The CLN Energy Limited IPO offers an exciting investment opportunity with a fresh issue of 28.92 lakh shares, priced between ₹235 to ₹250 per share. The IPO opens for subscription on January 23, 2025, and closes on January 27, 2025, with a tentative listing date of January 30, 2025, on the BSE SME platform. With a total issue size of ₹72.30 crores, the IPO aims to fund the company’s growth initiatives and strengthen its presence in the energy sector. This IPO reflects the company’s commitment to capitalizing on growth opportunities in a rapidly evolving market.
