CLN Energy IPO

BSELot: 600

LISTEDSME
Issue Price250
Listing256
Current368
Price Band
235 - ₹250
Lot Size
600
Issue Size
₹72.3 Cr
GMP
0
Subscription
1.79x

IPO Schedule

1
Open
23 Jan
2
Close
27 Jan
3
Allotment
-
4
Listing
30 Jan

About CLN Energy

CLN Energy is an SME focused on [Insert specific focus of CLN Energy here, e.g., renewable energy solutions, energy efficiency products, power transmission infrastructure]. The company operates in [Mention the geographical area of operation]. They are launching an IPO to raise capital for [State the primary purpose of the IPO funds].

Subscription Status

QIB
1.00x
NII
2.43x
Retail
1.96x
CategoryDay 3Day 2Day 1
QIB1.07x1.07x1.00x
NII8.60x2.98x2.43x
Retail6.55x3.74x1.96x
Total5.42x2.81x1.79x

Risk Factors

SME IPOs are inherently riskier due to smaller size and potential volatility.
Dependence on [Identify key dependencies, e.g., specific suppliers, government contracts, regulatory changes].
Potential for fluctuations in raw material costs or market demand affecting profitability.