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CLN Energy IPO vs Eleganz Interiors IPO

Comparison between CLN Energy IPO and Eleganz Interiors IPO.

IPO Details

CLN Energy IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Eleganz Interiors IPO is a SME Bookbuilding proposed to list at NSE SME.

 CLN Energy IPOEleganz Interiors IPO
LogoCLN Energy IPO LogoEleganz Interiors IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersAryaman Financial Services Ltd.Vivro Financial Services Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerAryaman Capital Markets Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of CLN Energy IPO is up to ₹68.40 Cr whereas the issue size of the Eleganz Interiors IPO is up to ₹74.15 Cr. The final issue price of CLN Energy IPO is ₹250.00 per share and of Eleganz Interiors IPO is ₹130.00 per share.

 CLN Energy IPOEleganz Interiors IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹235.00 per share₹123.00 per share
Issue Price (Upper)₹250.00 per share₹130.00 per share
Issue Price (Final)₹250.00 per share₹130.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares1000 shares
Fresh Issue Size27,36,000 shares57,04,000 shares
Fresh Issue Size (Amount)up to ₹68.40 Crup to ₹74.15 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,36,000 shares57,04,000 shares
Issue Size Total (Amount)up to ₹68.40 Crup to ₹74.15 Cr

IPO Timetable

CLN Energy IPO opens on Jan 23, 2025, while Eleganz Interiors IPO opens on Feb 07, 2025. The closing date of CLN Energy IPO and Eleganz Interiors IPO is Jan 27, 2025, and Feb 11, 2025, respectively.

 CLN Energy IPOEleganz Interiors IPO
Anchor Bid DateJan 22, 2025Feb 06, 2025
Issue OpenJan 23, 2025Feb 07, 2025
Issue CloseJan 27, 2025Feb 11, 2025
Basis Of Allotment (Tentative)Jan 28, 2025Feb 12, 2025
Initiation of Refunds (Tentative)Jan 29, 2025Feb 13, 2025
Credit of Share (Tentative)Jan 29, 2025Feb 13, 2025
Listing date (Tentative)Jan 30, 2025Feb 14, 2025
Anchor Lockin End date 1Feb 27, 2025Mar 14, 2025
Anchor Lockin End date 2Apr 28, 2025May 13, 2025

Financials & KPIs

CLN Energy IPO P/E ratio is 19.57, as compared to Eleganz Interiors IPO P/E ratio of 17.67.

 CLN Energy IPOEleganz Interiors IPO
Financials

CLN Energy Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets119.73113.27109.6262.05
Total Income75.84132.86128.88121.7
Profit After Tax4.649.790.733.64
Net Worth18.0113.373.582.86
Reserves and Surplus10.359.972.451.72
Total Borrowing6.78
Amount in ₹ Crore

Eleganz Interiors Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets233.99172.12116.19103.03
Total Income192.4223.09191.17155.34
Profit After Tax9.5312.2110.315.09
Net Worth70.951.3739.1628.85
Reserves and Surplus54.3136.0138.227.89
Total Borrowing31.742.828.2322.62
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9993.94
Promoter Shareholding (Post-Issue)72.6068.98
P/E Ratio19.5717.67
Market Cap₹263.83 Cr.₹293.80 Cr.
ROE115%26.96%
ROCE91.55%24.23%
Debt/Equity0.83
EPS₹12.78₹7.36
RoNW73.19%26.96%

Shares Offered

In the CLN Energy IPO Retail Individual Investors (RII) are offered 9,57,600 shares while in Eleganz Interiors IPO retail investors are offered 9,57,600 shares. Qualified Institutional Buyers (QIB) are offered 5,47,200 shares in CLN Energy IPO and 11,41,000 shares in Eleganz Interiors IPO.

 CLN Energy IPOEleganz Interiors IPO
Anchor Investor Reserveration8,20,800 shares17,10,000 shares
Market Maker Reserveration1,56,000 shares3,01,000 shares
QIB5,47,200 shares11,41,000 shares
NII4,10,400 shares8,56,000 shares
RII9,57,600 shares19,97,000 shares
Employee0 shares0 shares
Others
Total27,36,000 shares57,04,000 shares

Bids Received (Subscription)

CLN Energy IPO subscribed 5.42x in total, whereas Eleganz Interiors IPO subscribed 30.65x.

 CLN Energy IPOEleganz Interiors IPO
QIB (times)1.07x24.45x
NII (times)8.60x60.42x
Big NII (times)
Small NII (times)
RII (times)6.55x21.44x
Employee (times)
Other (times)
Total (times)5.42x30.65x