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CLN Energy Limited IPO

CLN Energy Limited

Issue Open

Jan 23, 2025

Price Band

₹ 235 to ₹ 250 per share

Issue Size

72.30 Cr

Credit of Shares to Demat

Jan 29, 2025

Issue Close

Jan 27, 2025

Bid Lot

Listing Exchange

BSE SME

Cut off time for UPI Mandate Confirmation

Jan 27, 2025 05:00 PM

Issue Type

Book build offer

Minimum Order Quantity

Allotment Details

Jan 28, 2025

Face Value

Rs 10/- per share

Listing On

Jan 30, 2025

Refunds

Jan 29, 2025

About the company:

CLN Energy Limited, incorporated on October 1, 2019, is committed to sustainability by manufacturing products that reduce carbon emissions. The company specializes in the production of customized lithium-ion batteries, motors, and powertrain components for electric vehicles (EVs) and stationary applications. CLN Energy offers B2B solutions for mobility applications, including electric two, three, and four-wheelers, as well as stationary sectors such as solar, energy storage systems (ESS), and telecommunications. The company provides unique, customized lithium-ion battery packs, motors, and powertrain components under its brand.

With manufacturing facilities in Noida, Uttar Pradesh (42,000 sq. ft) and Pune, Maharashtra (21,000 sq. ft), CLN Energy is equipped with state-of-the-art technology. The Noida and Pune plants together have substantial manufacturing and testing capacities, including a cell grading capacity of 168 MWH per annum for two-wheeler batteries. The company also boasts in-house R&D capabilities to design and integrate powertrain and power systems, catering to both mobility and energy storage applications.

Focused on customer feedback and future needs, CLN Energy produces highly efficient products. With internationally recognized ISO-certified facilities and strong R&D, the company aims to deliver customized solutions and create a significant presence in India’s green mobility and energy storage sectors.

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