The CLN Energy IPO minimum market lot is 600 shares with ₹1,50,000 application amount. The CLN Energy IPO is a SME IPO, and it is to be listed on BSE.
CLN Energy Limited is famous for its unique thoughts on manufacturing electric components and providing top-notch solutions regarding electric vehicles & stationary applications like energy storage systems (ESS) and telecommunications. CLN Energy was founded in 2019 and started a main business of manufacturing lithium-ion batteries and motors, A part from that, they are also involved in selling electric vehicles such as DC, DC converters, displays, and differentials.
They have allocated an R&D team, but they have 30% of the contribution in the development of components that are advanced technologically and environmentally free. Further, they are focused on providing international and national levels of quality services, and through this, they have built confidence and have given the best results. They have advanced manufacturing facilities in Noida (42,000 sqft) and Pune (20,000 sqft) and annual capacity is over 1GWh of battery packs and 120,000 motors for L2, L3, and L5 vehicles.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
CLN Energy IPO Subscription Status – Day 3
Category | Day 1 | Day 2 | Day 3 |
QIB | 1.00 | 1.07 | 1.07 |
NII | 2.43 | 2.98 | 8.6 |
RII | 1.96 | 3.74 | 6.55 |
Total | 1.79 | 2.81 | 5.42 |
CLN Energy IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
CLN Energy IPO Review and Rating
- May Apply For Long-term View
CLN Energy IPO Form
How to apply for the CLN Energy IPO? You can apply for CLN Energy IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the CLN Energy IPO in the Invest section. The other option is you can apply for CLN Energy IPO via IPO forms downloaded online. Check out the CLN Energy forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.