Positron Energy for the initial 11 years was merely engaged in the Management & Technical Advisory Services of the Oil and Gas Industry. Later on, in the FY 2018-19, their promoters planned to commence the aggregation business of Coal Bed Methan Gas (CBM) for supplying to an industrial unit. After having a successful business of CBM Gas aggregation also, as per the demand of industrial units, their Company in July 2022 decided to aggressively commence the business of Natural Gas aggregation for such industrial units.
They are engaged in Management & Technical Advisory Services of the Oil and Gas Industry. They provide end-to-end solutions for Gas distribution to Industries across India. They provide Management Consultancy Services like commercial and financial advisory, and technical services including Project Management and O&M (Operation and Management) Services, across the Gas Sector in India. They have successfully developed a Gas aggregation business volume of 35 MMSCM (approx), especially Natural Gas. Their technical qualifications and empanelment with most industrial customers attest to their reliability and competence. Moreover, distribution of Natural gas is facilitated through common carrier pipeline networks operated by major public and private sector players in the Indian market.
Objects of the Issue:
- To Meet Working Capital Requirements
- General Corporate Purposes
Positron Energy IPO Review
- May Apply
Positron Energy IPO Date & Price Band Details
IPO Open: | August 12, 2024 |
IPO Close: | August 14, 2024 |
IPO Size: | Approx ₹51.21 Crores, 2,048,400 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹238 to ₹250 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 35% of the net offer |
QIB Quota: | 50% of the net offer |
NII Quota: | 15% of the net offer |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
Positron Energy IPO Market Lot
The Positron Energy IPO minimum market lot is 600 shares with a ₹150,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 600 | ₹150,000 |
Retail Maximum | 1 | 600 | ₹150,000 |
S-HNI Minimum | 2 | 1200 | ₹300,000 |
Positron Energy IPO Dates
The Positron Energy IPO date is August 12 and the IPO close date is August 14. The IPO allotment date is August 16 and the IPO might list on August 20.
IPO Open Date: | August 12, 2024 |
IPO Close Date: | August 14, 2024 |
Basis of Allotment: | August 16, 2024 |
Refunds: | August 19, 2024 |
Credit to Demat Account: | August 19, 2024 |
IPO Listing Date: | August 20, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Positron Energy IPO Form
How to apply Positron Energy IPO? You can apply Positron Energy IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Positron Energy IPO in the Invest section. The other option you can apply Positron Energy IPO via IPO forms download via the NSE website. Check out the Positron Energy forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Positron Energy Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹3.54 | ₹3.38 | ₹0.23 |
2022 | ₹8.97 | ₹8.18 | ₹0.58 |
2023 | ₹52.03 | ₹49.16 | ₹2.13 |
Nov 2023 | ₹80.61 | ₹73.39 | ₹5.34 |
Positron Energy IPO Valuation – FY2023
Check Positron Energy IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹3.83 per Equity Share |
Price/Earning P/E Ratio: | NA |
Return on Net Worth (RoNW): | 37.54% |
Net Asset Value (NAV): | ₹10.21 per Equity Share |
Peer Group
- NA
Company Promoters
- Mr. Rajiv Shankarankutty Menon
- Mr. Manav Bahri
- Mr. Sujit K Sugathan
Positron Energy IPO Registrar
Link Intime India Pvt Ltd
Phone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in
Positron Energy IPO Allotment Status
Check Positron Energy IPO allotment status on Link Intime website URL. Click Here
Positron Energy IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Private Limited
Company Address
Positron Energy Limited
Office No. 3, IT Tower-2, Ground Floor Infocity,
Sector-7, Gandhinagar, Gujarat-382007
Phone: +91 63537 65381
E-mail: [email protected]
Website: www.positron-india.com
One Response
What is the minimum and maximum investment amount required in NII category. How can One apply NII application. Pls confirm.