New Delhi, Jan. 30 -- CLN Energy shares made a muted debut on Thursday, January 30, listing at Rs.256 on BSE SME, a premium of just 2.4 percent over the issue price of Rs.250.

CLN Energy's initial public offering (IPO), valued at Rs.72.30 crore, was open for subscription from January 23 to January 27. The SME IPO price band was fixed at Rs.235-250 per equity share.

Following the three days of bidding, CLN Energy IPO closed with strong demand, garnering 5,42 times bids. The IPO received bids for 1.03 crore shares against 19.15 lakh shares on offer. The retail investor segment was booked 6.55 times, while the non-institutional investors (NII) category was subscribed 8.6 times. Meanwhile, the Qualified Institutional Buyers quota was bid 1....