IPO

Logo

Initial Public Offering

Get ready to trade it

General info on Clarios

About the company

  • Name
    Clarios International Inc.
  • Industry
    Automotive, Energy, Energy Storage
  • Employees
    5000 – 10,000
  • Founding year
    2019
  • Ticker
    BTRY

Filing Information

  • IPO file date
    2/07/2021
  • No. of shares
    88,080,495
  • Price
    $17 - $21
  • Exchange
    New York Stock Exchange
  • Bookrunners
    Bank of America Securities, JPMorgan Chase
Open account

IPO Details

About Clarios

Initially, a subsidiary of Johnson Controls, Clarios became one of the world’s largest producers and suppliers of energy storage solutions. Clarios designs and manufactures advanced, low-voltage batteries that power cars to commercial vehicles, motorcycles, to industrial products.

In 2018, Brookfield Business Partners bought it, and in May 2019, it became a stand-alone business and a wholly owned subsidiary.

IPO figures

According to its S1 form submitted to the US Security and Exchange Commission, Clarios could be valued at $10.7 billion. The Milwaukee-based company offers 88,080,495 shares, with a price range of $17 - $21 apiece.

Clarios is looking to raise as much as $1.8 billion once it starts trading on the New York Stock Exchange under the symbol “BTRY.”

What is Clarios’ valuation?

Considering a full dilution of its shares, Clarios could be valued at $11.2 billion if the top price target is reached. According to its statement, Clarios has an enterprise valuation of $18 billion.

Clarios: what you need to know

  • One-third of the cars in the world are using Clarios products
  • It has several owned brands such as LTH, OPTIMA, Varta, Delkor and
  • It is backed by one of the biggest Canadian state pension investors: Caisse de dépôt et placement du Québec (CDPQ)

 

Sources: crunchbase.com, sec.gov, stockanalysis.com

Summary

  • Ticker
    BTRY
  • Price
    $17 - $21
  • Exchange
    New York Stock Exchange
  • Bookrunners
    Bank of America Securities, JPMorgan Chase
Create Account

Key elements

Find out the most essential numbers for Clarios IPO

Global sales in fiscal 2020

$1.9B

Gross profit in fiscal 2020

$1.19B

Fiscal 2020 revenue

$7.6B

Trade
Clarios

Open account

A closer look at Clarios IPO
Learn why traders are always eager to trade IPOs

Logo
  • Status: Upcoming
  • IPO Date: -
  • Price: $17 - $21

Past IPOs

Browse details of other companies that already went public

Highly Anticipated IPOs of 2022

Stay in touch with the most expected IPOs of the year

IPOs are important trading events you shouldn’t miss

Learn how to trade IPOs and build a complete strategy with our tools & user-friendly trading platforms.

Trading Platforms Image

ClickTrades WebTrader

  • Charting options to suit all trading strategies
  • Various layout choices
  • Streaming live quotes for instant decision-making
  • Trading Central
  • Modern and easy-to-use interface
  • Risk management tools
  • Extensive range of analysis tools
  • Key statistics available for all trading instruments

MetaTrader 5

  • Intuitive and user-friendly trading platform
  • Diverse execution modes and orders types available
  • 2000+ free custom indicators
  • Multiple timeframes options
  • Multi-window views and watchlist
  • Up to 10 charts at the same time
  • Lightning-fast trade execution speed
  • Highly customizable tools
Open account