CLN Energy SME IPO Details, Financials, Valuation & Peers
Explore CLN Energy IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
CLN Energy Limited, incorporated in 2019, specializing in customized Lithium-ion batteries, motors, and powertrain components, the company caters to both mobility applications such as electric two, three, and four-wheelers, as well as stationary applications like solar energy systems, energy storage systems (ESS), and telecommunications. Operating under a B2B model, CLN Energy delivers tailored solutions for diverse applications that leverage lithium-ion battery technology. With state-of-the-art manufacturing facilities in Noida, Uttar Pradesh, and Pune, Maharashtra, CLN Energy combines cutting-edge technology and in-house R&D capabilities to design, integrate, and deliver complete power systems. The company’s products and solutions enable customers to achieve cost savings, reduce carbon footprints, and enhance operational efficiency.
Key Points:
- Product Portfolio:
- Customized Lithium-ion battery packs for mobility and stationary applications.
- Powertrain components for electric vehicles, including motors, controllers, throttles, DC-DC converters, displays, and differentials.
- Design and prototype solutions for specialized customer requirements.
- Manufacturing Capabilities:
- Two advanced facilities:
- Noida, Uttar Pradesh: 42,000 sq. ft.
- Pune, Maharashtra: 21,000 sq. ft.
- Combined production capacities:
- Cell Grading: 168 MWh (two-wheelers), 41 MWh (other batteries).
- Cell Sorting: 358 MWh (two-wheelers), 110 MWh (other batteries).
- Manufacturing: 130 MWh (two-wheelers), 115 MWh (other batteries).
- Testing: 72 MWh (two-wheelers), 41 MWh (other batteries).
- Motor production capacity: 60,000 units annually (Noida).
- Two advanced facilities:
- Innovative R&D:
- In-house R&D team focuses on designing and integrating power systems and powertrain components.
- Specializes in energy management solutions for mobility and stationary applications, offering intelligent, remote-operable systems.
- Emphasis on customized solutions to meet specific customer needs.
- Applications:
- Mobility: Electric two, three, and four-wheelers.
- Stationary: Solar energy systems, energy storage systems, UPS, and telecommunications.
Objects of the Issue
- Purchase of machinery and equipment
- Funding Working capital requirements
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 23 Jan - 27 Jan 2025 |
| IPO Price Band | ₹235 - ₹250 per share |
| Fresh Issue | 28,92,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹72.30 crore |
| Face Value | ₹10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 23 Jan 2025 |
| IPO Closing Date | 27 Jan 2025 |
| Basis Of Allotment | 28 Jan 2025 |
| Refunds | 29 Jan 2025 |
| Demat Transfer | 29 Jan 2025 |
| IPO Listing Date | 30 Jan 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | 121.70 | 128.88 | 132.86 | 75.84 |
| Total Expenses | 116.69 | 121.29 | 120.62 | 68.63 |
| Net Profit/Loss | 3.64 | 0.73 | 9.79 | 4.64 |
| NPM (*) | 2.99 | 0.57 | 7.38 | 6.20 |
| Total Assets | 62.05 | 109.62 | 113.27 | 119.73 |
| Total Liabilities | 59.19 | 106.04 | 99.90 | 101.72 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | 4.82 | 0.95 | 12.78 | 6.05 |
| ROE (%) | 255 | 23 | 115 | 30 |
| ROCE (%) | 175 | 25 | 92 | 40 |
| D/E Ratio | NA | NA | NA | 0.38 |
| Current Ratio | 1.12 | 1.14 | 1.26 | 1.32 |
| EBITDA MARGIN (%) | 5.22 | 5.18 | 14.07 | 14.18 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| CLN Energy Limited | 132.71 | 19.56 | 12.78 | 73.19 | 39.28 |
| Eveready Industries India Limited | 1,314.28 | 41.57 | 9.18 | 17.26 | 53.21 |
| Panasonic Energy India Co. Limited | 292.42 | 29.01 | 15.52 | 11.33 | 137.03 |
| High Energy Batteries (India) Limited | 77.73 | 31.94 | 19.14 | 19.56 | 97.84 |
| Indo National Limited | 640.60 | 42.87 | 12.83 | 6.20 | 314.91 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 1.07 |
| Non-Institutional Investor (NII/HNI) | 8.6 |
| Retail Individual Investor (RII) | 6.55 |
| Total | 5.42 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- CLN ENERGY PTE.LTD.
- RAJIV SETH
Lead Managers
- ARYAMAN FINANCIAL SERVICES LIMITED
Company Address
CLN Energy Limited
Plot-18, Sector-140, Phase-2, Nepz Post Office, Gautam Buddha Nagar, Dadri, 201305, Uttar Pradesh, India
Phone: +91 75799 06940
Email: ipo@clnenergy.in
Website: www.clnenergy.in
FAQs
- What is the issue size of the CLN Energy SME IPO?The CLN Energy SME IPO has an issue size of ₹72.30 crore. This includes a fresh issue of 28,92,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the CLN Energy IPO?The price band for the CLN Energy IPO is ₹235 - ₹250 per share.
- What are the bidding dates for the CLN Energy IPO?The CLN Energy IPO will open for bidding on 23 Jan 2025 and close on 27 Jan 2025.
- What is the allotment date for the CLN Energy IPO?The allotment date for the CLN Energy IPO is 28 Jan 2025.
- What is the minimum lot size and investment required for the CLN Energy IPO?The minimum lot size for the CLN Energy IPO is 600 shares and the minimum investment required is ₹1,50,000.
- What is the listing date for the CLN Energy IPO?The listing date for the CLN Energy IPO is 30 Jan 2025.
- What is the CLN Energy IPO grey market premium?The grey market premium (GMP) for the CLN Energy IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.