Comparison between CLN Energy IPO and Ken Enterprises IPO.
IPO Details
CLN Energy IPO is a SME Fixed Price IPO proposed to list at BSE SME while Ken Enterprises IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of CLN Energy IPO is up to ₹68.40 Cr whereas the issue size of the Ken Enterprises IPO is up to ₹79.47 Cr. The final issue price of CLN Energy IPO is ₹250.00 per share and of Ken Enterprises IPO is ₹94.00 per share.
| | CLN Energy IPO | Ken Enterprises IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹235.00 per share | |
| Issue Price (Upper) | ₹250.00 per share | |
| Issue Price (Final) | ₹250.00 per share | ₹94.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | |
| Market Lot Size | 600 shares | 1200 shares |
| Fresh Issue Size | 27,36,000 shares | 57,54,000 shares |
| Fresh Issue Size (Amount) | up to ₹68.40 Cr | up to ₹54.09 Cr |
| OFS Issue Size | 0 shares | 27,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹25.38 Cr |
| Issue Size Total | 27,36,000 shares | 84,54,000 shares |
| Issue Size Total (Amount) | up to ₹68.40 Cr | up to ₹79.47 Cr |
IPO Timetable
CLN Energy IPO opens on Jan 23, 2025, while Ken Enterprises IPO opens on Feb 05, 2025. The closing date of CLN Energy IPO and Ken Enterprises IPO is Jan 27, 2025, and Feb 07, 2025, respectively.
| | CLN Energy IPO | Ken Enterprises IPO |
|---|
| Anchor Bid Date | Jan 22, 2025 | |
| Issue Open | Jan 23, 2025 | Feb 05, 2025 |
| Issue Close | Jan 27, 2025 | Feb 07, 2025 |
| Basis Of Allotment (Tentative) | Jan 28, 2025 | Feb 10, 2025 |
| Initiation of Refunds (Tentative) | Jan 29, 2025 | Feb 11, 2025 |
| Credit of Share (Tentative) | Jan 29, 2025 | Feb 11, 2025 |
| Listing date (Tentative) | Jan 30, 2025 | Feb 12, 2025 |
| Anchor Lockin End date 1 | Feb 27, 2025 | |
| Anchor Lockin End date 2 | Apr 28, 2025 | |
Financials & KPIs
CLN Energy IPO P/E ratio is 19.57, as compared to Ken Enterprises IPO P/E ratio of 19.34.
Shares Offered
In the CLN Energy IPO Retail Individual Investors (RII) are offered 9,57,600 shares while in Ken Enterprises IPO retail investors are offered 9,57,600 shares. Qualified Institutional Buyers (QIB) are offered 5,47,200 shares in CLN Energy IPO and 0 shares in Ken Enterprises IPO.
| | CLN Energy IPO | Ken Enterprises IPO |
|---|
| Anchor Investor Reservation | 8,20,800 shares | 0 shares |
| Market Maker Reservation | 1,56,000 shares | 4,45,200 shares |
| QIB | 5,47,200 shares | 0 shares |
| NII | 4,10,400 shares | 17,23,200 shares |
| RII | 9,57,600 shares | 67,30,800 shares |
| Employee | 0 shares | 0 shares |
| Others | | |
| Total | 27,36,000 shares | 84,54,000 shares |
Bids Received (Subscription)
CLN Energy IPO subscribed 3.80x in total, whereas Ken Enterprises IPO subscribed 4.30x.
