Price Band
₹235 - ₹250
Lot Size
600
Issue Size
₹72.3 Cr
GMP
N/A
Subscription
5.42x
IPO Schedule
Open
23 Jan 2025
Close
27 Jan 2025
Allotment
-
Listing
30 Jan 2025
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].
Key Strengths
- High ROE of 115% indicates efficient utilization of equity.
- Relatively low P/E ratio of 19.57 compared to industry peers (assuming industry average P/E is higher - requires industry benchmark comparison).
- SME status may offer advantages in accessing specific government incentives and support programs.
- [Insert a strength based on the company's specific business, e.g., Strong relationships with key clients]
- [Insert a strength based on the company's specific business, e.g., Proven track record of project execution]
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.
Valuation Analysis
The IPO price range of ₹235-₹250 appears reasonable considering the company's high ROE and relatively low P/E ratio, but investors should carefully analyze the company's growth prospects and industry dynamics before investing. A detailed comparison with similar listed entities is crucial to determine if the IPO is fairly priced.
IPO Details
Key Metrics
Growth & Quality
Subscription
Documents
RHP not available