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CLN Energy

Listed

IPO Timeline

Issue open date

23 Jan 2025

Issue close date

27 Jan 2025

UPI mandate deadline

27 Jan 2025

Allotment finalization

28 Jan 2025

Refund initiation

29 Jan 2025

Share credit

29 Jan 2025

Listing date

30 Jan 2025

Mandate end date

11 Feb 2025

Lock-in end date for anchor investors (50%)

27 Feb 2025

Lock-in end date for anchor investors (remaining)

28 Apr 2025

Key Dates

Open
23 Jan 2025
Close
27 Jan 2025
Listing
30 Jan 2025

Quick Stats

Issue Size:72cr
Lot Size:600 shares

About the Company

CLN Energy Limited, established in 2019, is a leading manufacturer of customized Lithium-ion Batteries, motors, and powertrain components, dedicated to reducing carbon emissions and promoting sustainability. The company provides B2B solutions for a wide range of applications, including electric two, three, and four-wheelers, as well as stationary applications like solar, energy storage systems, and telecommunications. CLN Energy offers unique and customized battery packs for various applications and sells its products under the CLN ENERGY brand, catering to the growing demand for electric vehicles and sustainable energy solutions.

Strengths

  • State of Art manufacturing facilities
  • Well educated and experienced team of Professionals
  • Long-term relation with our customers
  • In-house Research and Development team
  • Providing critical business solution and manufacturing customised products
  • Consistent track record of financial performance

Risks

  • Revenue relies heavily on sales of batteries, cells, motors, and controllers.
  • Risk of future cash flow losses, consistent with past trends.
  • Dependence on a few suppliers increases the vulnerability to supply chain disruptions.
  • Success depends on ongoing advancements in technology, processes, and products.
  • Safeguarding technical knowledge is vital to preserving the competitive edge.