Company Intelligence Profile
CLN Energy Limited
CLN Energy Limited (Noida, UP) designs, manufactures and assembles customized lithium-ion battery packs, BMS, motors and EV powertrain components (controllers, throttles, DC-DC converters, displays, differentials) for B2B mobility (e-2W/3W/4W, e-rickshaw L3, e-auto L5, golf carts, material handling) and stationary sto…
CIN: U33100UP2019PTC121869Active; converted from Private to Public Limited Company. New CIN post-conversion: L33100UP2019PLC121869 (Tofler, TheCompanyCheck, Falconebiz search snippet, WebSearch synthesis, 2 sources agree)RoC Kanpur / Uttar Pradesh (TheCompanyCheck, WebSearch synthesis — confirmed)Confidence: medium-high
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | CLN Energy Limited |
|---|---|
| CIN | U33100UP2019PTC121869 |
| PAN | Embedded in GSTIN 09AAECJ6580H1Z8 → PAN likely AAECJ6580H (partial — derived from GSTIN, not independently confirmed on a company-profile page; treat as partial) |
| Status | Active; converted from Private to Public Limited Company. New CIN post-conversion: L33100UP2019PLC121869 (Tofler, TheCompanyCheck, Falconebiz search snippet, WebSearch synthesis, 2 sources agree) |
| Listing | Listed — BSE SME platform (not main board NSE/BSE). IPO: Jan 23-27, 2025 bidding; listed Jan 30, 2025 at ₹256 (2.4% premium to ₹250 issue price); raised ₹72 Cr via 28.92 lakh equity shares. Current price ~₹537 (NSE, as of Jul 16 2026 per search) / ₹400 (Sharekhan snapshot). Market cap ~₹533 Cr (Screener). Sources: Business Standard, Screener.in, Chittorgarh, Sharekhan. |
| Incorporated | 01 October 2019 (as JLNPhenix Energy Private Limited; renamed CLN Energy Private Limited 08 May 2023 special resolution 29 Sep 2022; converted to CLN Energy Limited, public company, fresh COI 18 June 2024 following shareholder resolution 04 Apr 2024). Confirmed — Tofler/TheCompanyCheck/WebSearch synthesis, 2+ sources agree. |
| ROC | RoC Kanpur / Uttar Pradesh (TheCompanyCheck, WebSearch synthesis — confirmed) |
| Sector (NIC) | Manufacture of electrical equipment / general purpose & special purpose machinery & equipment / transport equipment (lithium-ion batteries, motors, powertrain components for EVs) — TheCompanyCheck (confirmed); one source (WebSearch synthesis of MCA-style listing) said "medical, precision and optical instruments, watches and clocks" which looks like a stale/incorrect NIC mapping and is likely an error — flagged as conflict, not used. |
| Registered address | Plot No. 18, Sector 140, Phase 2, Dadri / Noida, Gautam Buddha Nagar, Uttar Pradesh — 201305 (TheCompanyCheck, GSTIN record, company website — confirmed, minor address-string variants across sources) |
| Authorized capital | ₹12 Crore (TheCompanyCheck, current/post-IPO figure). One earlier-vintage source (WebSearch synthesis, likely pre-conversion MCA-style snapshot) showed ₹5,00,00,000 — this is the older pre-IPO figure; treat current ₹12 Cr as confirmed, older figure as historical/superseded. |
| Paid-up capital | ₹10.55 Crore (current, TheCompanyCheck — confirmed; matches Screener's ₹11 Cr equity capital). Pre-conversion figure was ₹1,13,50,000 (older snapshot) — historical/superseded. |
Business Overview
Confirmed- CLN Energy Limited (Noida, UP) designs, manufactures and assembles customized lithium-ion battery packs, BMS, motors and EV powertrain components (controllers, throttles, DC-DC converters, displays, differentials) for B2B mobility (e-2W/3W/4W, e-rickshaw L3, e-auto L5, golf carts, material handling) and stationary storage (residential/commercial inverters, telecom 48V packs, data-centre and grid/microgrid ESS)
- Two manufacturing plants — Noida, UP (~42,000 sq ft) and Pune, Maharashtra (~20,000 sq ft) — combined ~93 MWh capacity
- Serves 100+ OEM/PSU clients via a 100+ distributor network across 50+ Indian cities
- some presence in 4 countries per company site
- Listed on BSE SME (Jan 2025 IPO)
- Sources: clnenergy.in, TheCompanyCheck, WebSearch synthesis of Business Standard/Chittorgarh coverage
Directors
Partial / conflictingBoard (post-IPO, 5 members — TheCompanyCheck + WebSearch synthesis, confirmed by 2 sources; DINs not obtained from any accessible source):
- Sunil Gandhi — Whole-Time Director & CEO (appointed as WTD 18 Aug 2020; earlier appointment date differs slightly across sources — one source says effective 19 Jun 2024 for current designation)
- Manish Shah — Whole-Time Director & COO (appointed 09 Oct 2023)
- Rajiv Seth — Chairman & Non-Executive Director (appointed 14 Feb 2024)
- Rakesh Kakkar — Non-Executive Independent Director (appointed 19 Jun 2024)
- Bhawna Hundlani — Non-Executive Independent Director (appointed 19 Jun 2024)
Earlier company records list JEEVAN CHAND as a director (older MCA-era snapshot) — status not reconciled, may have resigned pre-IPO. DINs: not obtained (Falconebiz DIN lookup was CAPTCHA-gated/blocked in this session).
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 09AAECJ6580H1Z8 | Uttar Pradesh | Embedded in GSTIN 09AAECJ6580H1Z8 → PAN likely AAECJ6580H (partial — derived from GSTIN, not independently confirmed on a company-profile page; treat as partial) | Active |
Primary GSTIN: 09AAECJ6580H1Z8 (Uttar Pradesh, state code 09) — status Active, Regular scheme, registered 23 Oct 2019 (source: piceapp.com GST lookup — single source, not in the pre-approved reliable list, so treat as partial/unconfirmed; a direct knowyourgst.com GSTIN page returned 404 in this session and could not corroborate). PAN embedded: AAECJ6580H. Number of registrations: not obtained (only one state registration identified; company also has a Pune, Maharashtra plant so a Maharashtra GSTIN likely exists but was not found — not obtained).
Financials
Confirmed- Consolidated/standalone basis not explicitly stated by Screener (India small-cap listings are typically standalone unless noted)
- FY2026 (year ended Mar 2026, per Screener.in): Revenue ₹346 Cr
- EBITDA ₹44 Cr (Operating profit ₹37 Cr + Depreciation ₹7 Cr)
- PAT ₹21 Cr
- Net worth ₹115 Cr (Equity ₹11 Cr + Reserves ₹104 Cr)
- Borrowings ₹93 Cr
- Market cap ~₹533 Cr. TheCompanyCheck separately cites FY2025 (year ended Mar 2025) revenue ₹220.39 Cr (66% YoY growth) and an older WebSearch-synthesized figure of ₹129 Cr for FY2023 with 123 employees (Apr 2024) — these form a consistent revenue growth trajectory (₹129 Cr FY23 → ₹220 Cr FY25 → ₹346 Cr FY26) across 3 independent sources (WebSearch synthesis, TheCompanyCheck, Screener), so treated as confirmed
- Open charges/borrowings: ₹140 Cr in charges registered (Others ₹60 Cr, HDFC Bank ₹55 Cr, Axis Bank ₹25 Cr per TheCompanyCheck) vs ₹93 Cr borrowings per Screener FY26 balance sheet — likely reflects charge amount vs drawn amount
- not reconciled, flagged as a minor discrepancy
Funding
Partial / conflicting- Pre-IPO: Tracxn indicates the company "is a funded company" with one funding round but amount/investor names were paywalled/redacted in this session — not obtained
- IPO: BSE SME listing, Jan 2025, ₹72 Cr raised via 28.92 lakh equity shares at ₹250/share (Chittorgarh, Business Standard — confirmed, 2 sources)
Charges / Loans
Partial / conflicting- Total open charges ~₹140 Crore per TheCompanyCheck: "Others" ₹60 Cr, HDFC Bank Limited ₹55 Cr, Axis Bank Limited ₹25 Cr. Single-source figure (TheCompanyCheck only) — partial confidence
- CARE Ratings assigned CARE BBB-/Stable and CARE A3 to ₹55 crore of bank facilities on 04 Oct 2025 (press release dated 06 Oct 2025) — consistent with the HDFC Bank ₹55 Cr charge line
Credit Ratings
Confirmed- CARE Ratings (CareEdge): CARE BBB-
- Stable (long-term) / CARE A3 (short-term) assigned to ₹55.00 Crore of bank facilities, rating action dated 04 Oct 2025, press release published 06 Oct 2025
- Single rating agency identified
- ICRA/CRISIL ratings not found — not obtained
- Source: careratings.com press release (PDF content could not be parsed directly by automated tool in this session
- rating grade and amount corroborated via WebSearch synthesis of the same press release, so treated as confirmed with medium confidence)
Competitors
Partial / conflicting- Indian lithium-ion battery / EV powertrain component peers (by business-model proximity, not the irrelevant global cell-chemistry peer set Tracxn surfaced e.g. QuantumScape/Enovix which are not comparable): (1) Log9 Materials — Bengaluru, lithium-ion cell/pack manufacturer for EVs, larger/well-funded private player
- (2) Livguard — pan-India battery major with lithium e-rickshaw/e-2W packs, much larger scale
- (3) Amara Raja Batteries (Amaron) — large listed diversified battery major entering lithium EV packs, much larger scale
- (4) Exide Industries — large listed legacy battery major with lithium EV battery lineup, much larger scale
- (5) Okaya Power — lithium/tubular battery manufacturer with e-rickshaw/e-2W focus, comparable-to-larger private player
- (6) Servotech Renewable Power System — listed small-cap, e-3W lithium battery packs (Sultan range), comparable scale/listing profile to CLN Energy
- Source: WebSearch synthesis (industry roundup articles), Tracxn (peer list, largely non-Indian and deprioritized)
Frequently Asked Questions
What does CLN Energy Limited do?
CLN Energy Limited (Noida, UP) designs, manufactures and assembles customized lithium-ion battery packs, BMS, motors and EV powertrain components (controllers, throttles, DC-DC converters, displays, differentials) for B2B mobility (e-2W/3W/4W, e-rickshaw L3, e-auto L5, golf carts, material handling) and stationary sto…
What is the CIN of CLN Energy Limited?
The Corporate Identification Number (CIN) of CLN Energy Limited is U33100UP2019PTC121869.
Where is CLN Energy Limited registered?
CLN Energy Limited is registered with RoC Kanpur / Uttar Pradesh (TheCompanyCheck, WebSearch synthesis — confirmed). Registered address: Plot No. 18, Sector 140, Phase 2, Dadri / Noida, Gautam Buddha Nagar, Uttar Pradesh — 201305 (TheCompanyCheck, GSTIN record, company website — confirmed, minor address-string variants across sources)
When was CLN Energy Limited incorporated?
CLN Energy Limited was incorporated on 01 October 2019 (as JLNPhenix Energy Private Limited; renamed CLN Energy Private Limited 08 May 2023 special resolution 29 Sep 2022; converted to CLN Energy Li….
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