Positron Energy Limited IPO
NSE SMEListed On: Aug 20, 2024 at ₹ 475.0
₹ 150000 /600 Shares
Check Allotment12 Aug, 2024
Open Date14 Aug, 2024
Close Date16 Aug, 2024
Allotment Date20 Aug, 2024
Listing DateIssue Price
₹238-250 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdList Price
475.0Listing Date
2024-08-20Market Lot
600 Shares (₹150,000/-)Lead Manager
Beeline Capital Advisors Pvt LtdIssue Size
2,048,400 shares(aggregating up to ₹51.21 Cr)Retail Portion
35%Subscription
414.94 timesPositron Energy IPO Details
Positron Energy Limited IPO is an SME IPO, priced at ₹238-250 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 20,48,400 equity shares, aggregating up to ₹51.21 crores..
The IPO bidding window is open from Aug 12, 2024 to Aug 14, 2024. The allotment is expected to be finalized on Aug 16, 2024, and the tentative listing date is Aug 20, 2024.
The minimum lot size for retail investors is 600 shares, with a minimum investment of ₹1,50,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 3,00,000.
Beeline Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Spread X Securities Private Limited will act as the market maker for this issue.
Positron Energy IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 388,800 / 292,200 | 681,600 | 1,362,600 |
| Day 1 - 12-08-24 06:00 PM | 4.82 / 14.34 x | 30.63 x | 19.78 x |
| Day 2 - 13-08-24 06:00 PM | 7.67 / 49.46 x | 94.43 x | 60.03 x |
| Day 2 - 14-08-24 06:00 PM | 231.41 / 806.19 x | 351.90 x | 414.94 x |
Positron Energy Valuations
EPS Pre IPO
₹15.83/-EPS Post IPO
₹11.56/-P/E Pre IPO
15.79P/E Post IPO
21.62ROE
0.85%ROCE
0.62%Debt/Equity
0.69RoNW
59.01%PAT Margin
6.52Price to Book Value
9.32Positron Energy Company Financials All values are in ₹ Lakh
| 30-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 3,789.02 | 2,476.25 | 938.90 |
| Revenue | 13,541.76 | 5,202.61 | 896.85 |
| Profit After Tax | 878.78 | 212.80 | 57.98 |
| Net Worth | 1,489.26 | 566.87 | 354.45 |
| Reserves & Surplus | 934.06 | 532.17 | 319.75 |
| Total Borrowing | 1,027.90 | 741.81 | 368.33 |
About The Company
Incorporated in 2008, Positron Energy Limited is an oil and gas management and technical advisory firm in India. The company provides end-to-end gas distribution solutions that include management consultancy, project management, and operation and management services. It has developed a gas aggregation business that focuses on natural gas and uses common carrier pipeline networks in the Indian market.
The company is certified on the basis of ISO 9001:2015 and ISO 45001:2018 standards. Therefore, this means that the consultancy and O&M services provided by the company for the oil and gas sector are of high quality.
It caters to major players of the oil and gas sector in the form of public sector firms and private entities.
The company provides the following services:
Project Management Consultation (PMC)
Operations and Maintenance of CGD (City Gas Distribution) Network,
Operations and Maintenance of CNG and Small-scale LNG,
Execution Projects for CGD Infrastructure etc.
The company has a total workforce of 140 employees at various project sites across India.
Positron Energy - Promoter(s)
Pre Issue Share Holding: 98.56%
Post Issue Share Holding: 72.00%
- Mr. Rajiv Shankarankutty Menon
- Mr. Manav Bahri
- Mr. Sujit K Sugathan
Positron Energy IPO - Issue Objectives
- To Meet Working Capital Requirements
- General Corporate Purposes
Other Details
Positron Energy
Office No. 3, IT Tower-2,, Ground Floor Infocity, Sector-7, Gandhinagar-382007Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: positronenergy.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Positron Energy IPO - FAQs
Ans. Positron Energy Limited IPO is a SME IPO. The issue is priced at ₹238-250 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Aug 12, 2024, and closes on Aug 14, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Positron Energy Limited IPO opens on Aug 12, 2024 and closes on Aug 14, 2024.
Ans. The size of Positron Energy Limited IPO is 2,048,400 shares(aggregating up to ₹51.21 Cr).
Ans. The IPO price band is set between ₹238-250 per equity share.
Ans. To apply for Positron Energy Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Positron Energy Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Positron Energy Limited IPO is Aug 16, 2024.
Ans. The Positron Energy Limited IPO will be listed on Aug 20, 2024.
Ans. Follow the steps to check the allotment status for Positron Energy Limited IPO here.
