CLN Energy IPO GMP: A Detailed Review and Insights
24 January 2025 · Sachin Gadekar
The CLN Energy IPO has created a buzz in the market, especially among retail and HNI investors, with its competitive price band and strong focus on the electric vehicle (EV) market. This article delves deep into the CLN Energy IPO GMP (Grey Market Premium) and provides an overview of the IPO details, timelines, and investment opportunities. We will also highlight key insights into the company's financials and growth potential.
What is the CLN Energy IPO?
CLN Energy Limited, incorporated in 2019, is a cutting-edge manufacturer specializing in lithium-ion batteries, motors, and powertrain components for electric vehicles. With ISO-certified facilities in Noida and Pune, the company offers innovative solutions for the EV and renewable energy sectors.
The IPO consists of a book-built issue of ₹72.30 crores, entirely a fresh issue of 28.92 lakh shares. The shares will list on BSE SME, opening doors for investors to tap into the EV market's growth.
Key Details of CLN Energy IPO
Parameter
Details
IPO Open Date
January 23, 2025
IPO Close Date
January 27, 2025
Price Band
₹235 to ₹250 per share
Listing Date
January 30, 2025
Lot Size
600 shares
Minimum Investment
₹1,50,000 (Retail Investors)
Total Issue Size
₹72.30 crores
Listing Exchange
BSE SME
For more details on IPO types, check out OFS vs IPO Differences.
CLN Energy IPO GMP Today: Grey Market Premium
The Grey Market Premium (GMP) is an indicator of how much investors are willing to pay for shares in the unregulated grey market before the IPO's official listing.
As of today, the CLN Energy IPO GMP is ₹30-₹35, reflecting strong investor interest. This premium suggests a positive sentiment around the IPO, with expectations of a robust listing gain.
Why Monitor GMP?
The GMP can act as a preliminary indicator of demand and potential listing performance. However, it is essential to combine GMP insights with thorough research before making investment decisions.
CLN Energy IPO GMP Review
Positive Market Sentiment: The rising GMP reflects confidence in CLN Energy’s future growth, driven by its innovative EV solutions.
Strong Fundamentals: Backed by ISO-certified manufacturing units and a skilled workforce, the company has a competitive edge.
Focus on Sustainability: With its B2B solutions for EVs and renewable energy applications, CLN Energy aligns with global sustainability trends.
For more on IPO performance, explore IPO GMP Grey Market Premium.
CLN Energy IPO Timeline and Key Dates
Event
Date
IPO Open Date
January 23, 2025
IPO Close Date
January 27, 2025
Basis of Allotment
January 28, 2025
Refund Initiation
January 29, 2025
Shares Credited to Demat
January 29, 2025
Listing Date
January 30, 2025
CLN Energy IPO Financials
The financial performance of CLN Energy Limited showcases its growth trajectory and stability:
Financial Metric
30 Sep 2024
31 Mar 2024
31 Mar 2023
Revenue (₹ Cr)
75.84
132.86
128.88
Profit After Tax (₹ Cr)
4.64
9.79
0.73
Net Worth (₹ Cr)
18.01
13.37
3.58
This consistent financial performance, coupled with its competitive pricing, makes the CLN Energy IPO an attractive investment.
Why Invest in CLN Energy IPO?
Competitive Strengths:
Advanced Manufacturing Facilities: ISO-certified units in Pune and Noida ensure high-quality production standards.
Diverse Product Portfolio: From lithium-ion batteries to powertrain components, the company caters to multiple sectors.
In-House R&D: CLN Energy invests heavily in innovation to maintain its competitive edge.
Sustainability Focus: Its renewable energy and EV components align with the global green energy push.
For insights on IPO flipping strategies, check out IPO Flipping.
Expanding EV Market: With governments pushing for EV adoption, CLN Energy is well-positioned to benefit from this growth.
Strong GMP: The positive GMP indicates high demand and potential listing gains.
Robust Financials: Consistent revenue growth and profitability highlight the company’s stability.
Anchor Investor Confidence: The IPO raised ₹20.52 crores from anchor investors, reflecting strong institutional support.
FAQs on CLN Energy IPO
1. What is the price band for the CLN Energy IPO?
The price band is set at ₹235 to ₹250 per share.
2. What is the Grey Market Premium (GMP) for CLN Energy IPO today?
As of today, the GMP is around ₹30-₹35.
3. When will the CLN Energy IPO list on the stock exchange?
The IPO is scheduled to list on January 30, 2025, on the BSE SME.
4. How can I invest in the CLN Energy IPO?
Retail investors can bid for a minimum of 600 shares, requiring an investment of ₹1,50,000.
5. Is CLN Energy IPO a good investment?
With a strong GMP, consistent financial performance, and a growing market presence, the IPO offers promising potential. However, investors should conduct their own research before investing.
Conclusion
The CLN Energy IPO provides a lucrative opportunity for investors looking to tap into the EV and renewable energy sectors. With its competitive price band, strong GMP, and robust financials, the IPO is poised to deliver value.
To stay updated on more IPOs, visit TapBonds and explore our Knowledge Center.