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CLN Energy IPO vs H.M.Electro Mech IPO

Comparison between CLN Energy IPO and H.M.Electro Mech IPO.

IPO Details

CLN Energy IPO is a SME Bookbuilding IPO proposed to list at BSE SME while H.M.Electro Mech IPO is a SME Bookbuilding proposed to list at BSE SME.

 CLN Energy IPOH.M.Electro Mech IPO
LogoCLN Energy IPO LogoH.M.Electro Mech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersAryaman Financial Services Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerAryaman Capital Markets Ltd.Spread X Securities Pvt.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 H.M.Electro Mech IPO is up to ₹26.35 Cr. The final issue price of CLN Energy IPO is ₹250.00 per share and of H.M.Electro Mech IPO is ₹75.00 per share.

 CLN Energy IPOH.M.Electro Mech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹235.00 per share₹71.00 per share
Issue Price (Upper)₹250.00 per share₹75.00 per share
Issue Price (Final)₹250.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares1600 shares
Fresh Issue Size27,36,000 shares35,13,600 shares
Fresh Issue Size (Amount)up to ₹68.40 Crup to ₹26.35 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,36,000 shares35,13,600 shares
Issue Size Total (Amount)up to ₹68.40 Crup to ₹26.35 Cr

IPO Timetable

CLN Energy IPO opens on Jan 23, 2025, while H.M.Electro Mech IPO opens on Jan 24, 2025. The closing date of CLN Energy IPO and H.M.Electro Mech IPO is Jan 27, 2025, and Jan 28, 2025, respectively.

 CLN Energy IPOH.M.Electro Mech IPO
Anchor Bid DateJan 22, 2025Jan 23, 2025
Issue OpenJan 23, 2025Jan 24, 2025
Issue CloseJan 27, 2025Jan 28, 2025
Basis Of Allotment (Tentative)Jan 28, 2025Jan 29, 2025
Initiation of Refunds (Tentative)Jan 29, 2025Jan 30, 2025
Credit of Share (Tentative)Jan 29, 2025Jan 30, 2025
Listing date (Tentative)Jan 30, 2025Jan 31, 2025
Anchor Lockin End date 1Feb 27, 2025Feb 28, 2025
Anchor Lockin End date 2Apr 28, 2025Apr 29, 2025

Financials & KPIs

CLN Energy IPO P/E ratio is 19.57, as compared to H.M.Electro Mech IPO P/E ratio of 9.16.

 CLN Energy IPOH.M.Electro Mech 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

H.M. Electro Mech Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets85.9972.1564.0844.34
Total Income45.43117.3101.6762.03
Profit After Tax3.348.196.012.58
Net Worth35.4232.2724.0818.07
Reserves and Surplus25.4222.2714.088.07
Total Borrowing7.3312.256.40.18
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9997.47
Promoter Shareholding (Post-Issue)72.6071.15
P/E Ratio19.579.16
Market Cap₹263.83 Cr.₹102.74 Cr.
ROE115%29.06%
ROCE91.55%33.28%
Debt/Equity0.38
EPS₹12.78₹8.19
RoNW73.19%25.37%

Shares Offered

In the CLN Energy IPO Retail Individual Investors (RII) are offered 9,57,600 shares while in H.M.Electro Mech IPO retail investors are offered 9,57,600 shares. Qualified Institutional Buyers (QIB) are offered 5,47,200 shares in CLN Energy IPO and 7,02,400 shares in H.M.Electro Mech IPO.

 CLN Energy IPOH.M.Electro Mech IPO
Anchor Investor Reserveration8,20,800 shares10,52,800 shares
Market Maker Reserveration1,56,000 shares1,85,600 shares
QIB5,47,200 shares7,02,400 shares
NII4,10,400 shares5,28,000 shares
RII9,57,600 shares12,30,400 shares
Employee0 shares0 shares
Others
Total27,36,000 shares35,13,600 shares

Bids Received (Subscription)

CLN Energy IPO subscribed 5.42x in total, whereas H.M.Electro Mech IPO subscribed 91.75x.

 CLN Energy IPOH.M.Electro Mech IPO
QIB (times)1.07x16.01x
NII (times)8.60x183.65x
Big NII (times)
Small NII (times)
RII (times)6.55x95.55x
Employee (times)
Other (times)
Total (times)5.42x91.75x