CLN Energy IPO: Fresh issue of 28,92,000 shares worth ₹72.30 Cr. Funds to be used for machinery, working capital, and corporate purposes.
Open Date : January 23, 2025 Close Date : January 27, 2025 Allotment Date: January 28, 2025 Listing Date: January 30, 2025
IPO Price: INR 235-250 per share Lot Size: 600 Shares Total Issue Size: INR 72.30 crores
CLN Energy IPO shows mixed performance: 1. Revenue & equity grew, Profitability & EPS improved. . 2. RoNW declined, Assets grew; liquidity strong. 3. Inventory turnover slowed; short-term challenges.
CLN Energy IPO Comparison: 1. CLN Energy, Eveready, Panasonic, High Energy, and Indo National lead in energy storage. 2. Varying share values, earnings, and returns show diverse performance.
CLN Energy IPO Objective: 1. Invest in advanced machinery. 2. Meet working capital needs. 3. Boost efficiency and growth in energy storage.
CLN Energy IPO Risks: 1. Risk of permit non-renewal. 2. Market demand adaptation issues. 3. Delays or cost overruns in equipment. 4. Potential impact on operations and growth.