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 Lithium-ion Batteries, motors and deals in powertrain components of electric vehicles such as controllers, throttles, DC-DC 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 lithium-ion battery packs are used. It sell Lithium-ion 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 lithium-ion 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 two-wheeler 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 60,000 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 (Two-Wheeler), L3 (eRickshaw) and L5 (Three-Wheeler) 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 lithium-ion batteries.

The Company is proposing the IPO of 28,92,000 Equity Shares through Fresh Issue.