CLN Energy Ltd Share Price (544347)

CLN Energy Limited was originally incorporated as JLNPhenix Energy Private Limited on October 01 2019 with the Registrar of Companies Kanpur. Subsequently Company name was changed to CLN Energy Private Limited on May 08 2023 by the Registrar of Companies Kanpur. Further Company converted into Public Limited Company and the name was changed to CLN Energy Limited and a Fresh Certificate of Incorporation upon conversion of Company to Public Limited dated June 18 2024 was issued by Central Processing Centre.The Company incorporated in 2019 to manufacture products that reduces the carbon emission and commits to sustainability. It is engaged in manufacturing of customized Lithiumion Batteries motors and deals in powertrain components of electric vehicles such as controllers throttles DCDC converters display differential etc. It offers B2B solutions for both mobility applications such as electric two three and four wheelers including traction application as well as stationary applications such as solar ESS and telecommunications it also offers unique and customised solutions for various applications wherein lithiumion battery packs are used. It sell Lithiumion Battery Packs motors and powertrain components under the CLN Energy brand.Presently the Company operates two manufacturing facilities one located in Noida Uttar Pradesh and the other in Pune Maharashtra. It manufacture lithiumion battery packs and motor for both mobility and stationary applications. The current installed manufacturing setup has a Cell Grading Capacity of 168 MWH per annum Cell Sorting capacity of 358 MWH per annum manufacturing capacity of 130 MWH per annum and Battery testing capacity of 72 MWH per annum for twowheeler batteries which is the combined capacity of both Noida and Pune facilities. For batteries other than two wheelers the facility has a Cell Grading Capacity of 41 MWH per annum Cell Sorting capacity of 110 MWH per annum manufacturing capacity of 115 MWH per annum and Battery testing capacity of 41 MWH per annum. Additionally Noida facility has an installed capacity of 60000 motors per annum.The manufacturing facilities are ISO certified has QMS 9001:2015 EMS 14001:2015 OHSAS 45001:2018 certified also plant has complied and certified as per AIS037 from ICAT and ARAI which is mandatory for automobile component manufacturing. This product has multiple certificates for performance and safety like AIS048 AIS156 for L2 TwoWheeler L3 eRickshaw and L5 ThreeWheeler application IEC62133 IEC62619 QM333 for energy storage application IS16047 for Solar Lighting application and AIS041 for electric motor. The Company has also received QF103 from TSEC Department of Telecom Government of India for telecom lithiumion batteries.The Company is proposing the IPO of 2892000 Equity Shares through Fresh Issue..

Chairperson Name: Rajiv Seth.