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Explore CLN Energy IPO details including GMP, dates, price, financials, strengths, weaknesses, etc. Get updated with essential information on the EV sector
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CLN Energy IPO Detail A Comprehensive Overview of the Upcoming IPO
Introduction • CLN Energy Limited is set to launch its much-anticipated IPO, offering investors a chance to invest in a growing player in the EV and energy storage sectors. Known for its high-quality products under the 'CLN Energy' brand, the company operates ISO-certified manufacturing units in Noida and Maharashtra.
CLN Energy IPO Details • - IPO Date: 23 January 2025 to 27 January 2025 • - IPO Price: ₹235 to ₹250 per share • - Issue Size: ₹72.30 crore (28.92 lakh shares) • - Lot Size: 600 shares • - Listing Platform: BSE, SME • - Expected Listing Date: 30 January 2025
Financial Highlights • As of 30 September 2024: • - Total Revenue: ₹75.84 lakh • - Net Worth: ₹18.01 lakh • - PAT: ₹4.64 lakh
Strengths and Opportunities • 1. Advanced manufacturing facilities in Noida and Maharashtra. • 2. Expertise in EV and energy storage solutions. • 3. Strong customer base and in-house R&D capabilities.
Risks and Weaknesses • 1. Revenue concentration in specific states like Delhi and Maharashtra. • 2. Dependence on key customers and suppliers. • 3. Ongoing litigation involving promoters.
CLN Energy IPO GMP • As of 20 January 2025, the CLN Energy IPO GMP is ₹0.
Conclusion • The CLN Energy IPO offers a promising opportunity for investors looking to enter the EV and energy storage sectors. With robust manufacturing capabilities and a growing market presence, the IPO has potential. However, risks like geographical dependence and customer concentration should be considered.