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CLN Energy IPO GMP is one of the most talked-about topics among investors. As of January 20, 2025, the Grey Market Premium (GMP) for CLN Energy IPO is Rs. 0. While the GMP is often used to gauge investor interest, it’s essential to also look at the company’s fundamentals and prospects before investing.
About CLN Energy IPO
The CLN Energy IPO is categorized under SME IPO and aims to raise ₹72.30 crore through a fresh issue of 28.92 lakh shares. The IPO is open for subscription from January 23 to January 27, 2025, with a price band of ₹235 to ₹250 per share. The shares will be listed on the BSE SME platform on January 30, 2025.
The company is a leading manufacturer of custom lithium batteries and powertrain components for electric vehicles (EVs). Their products include motors, controllers, and battery management systems, marketed under the “CLN Energy” brand.
CLN Energy IPO Price and Key Dates
IPO Price: ₹235 – ₹250 per share
Lot Size: 600 shares
IPO Date: January 23 to January 27, 2025
Listing Date: January 30, 2025
Financial Overview
CLN Energy has shown steady revenue growth, with a total revenue of ₹132.86 lakh in FY24. Their major revenue streams include e-mobility, stationary applications, and powertrain components. The company’s EPS for FY24 is ₹12.78, leading to a P/E ratio of 19.56x, which is competitive compared to peers.
Strengths of CLN Energy
Advanced manufacturing facilities in Noida and Pune
In-house R&D capabilities
Growing demand for EV and energy storage solutions
Risks to Consider
Dependence on a few key customers
Revenue concentration in specific states like Delhi and Maharashtra
Final Thoughts
CLN Energy IPO gmp is an attractive option for investors keen on the EV and energy storage sectors. However, investors should carefully review the company’s financials and IPO GMP trends.
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