CLN Energy Limited IPO has no Grey Market Premium as of January 20, 2025, with a price range of ₹235 to ₹250 per share. Offering lots of 600 shares, the subscription window is open from January 23 to January 27, 2025.
CLN Energy Limited IPO GMP Today
The Grey Market Premium (GMP) for CLN Energy Limited is ₹0 as of January 20, 2025. This assessment coincides with a price of ₹235 to ₹250 per share for the IPO.
CLN Energy Limited IPO Review
CLN Energy Limited reported strong financials as of September 30, 2024, with total assets reaching ₹119.73 crore and revenue at ₹75.84 crore. The profit after tax stood at ₹4.64 crore, reflecting improved operational efficiency and profitability.
The company’s net worth increased to ₹18.01 crore, supported by reserves and surplus of ₹10.35 crore. Total borrowings were contained at ₹6.78 crore, indicating financial stability and a solid foundation for future growth.
To get a full IPO review, click here CLN Energy IPO
CLN Energy Limited IPO Date
CLN Energy Limited will start accepting subscriptions from January 23, 2025 to January 27, 2025.
CLN Energy Limited IPO Price
CLN Energy Limited’s price range is at ₹235 to ₹250 per share with a face value of ₹10 each.
CLN Energy Limited
CLN Energy Limited, established in 2019, specializes in manufacturing lithium-ion batteries, motors, and powertrain components for electric vehicles. With ISO-certified facilities in Noida and Pune, it offers B2B solutions for EVs and stationary applications. The company employs 155 permanent and 286 contract workers, promoting innovation and sustainability.
How To Apply For CLN Energy Limited IPO?
To apply for the CLN Energy Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for CLN Energy Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the CLN Energy Limited IPO at Alice Blue in just a few clicks!
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.