Positron Energy IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 238 – 250
Lot Size
600
Issue Size
₹51.21 Cr
Minimum Investment
₹300000 (1200 Shares)
Listing Date
20 August 2024
Subscription
-
About the Company
Incorporated in 2008, Positron Energy is engaged in the management & technical advisory services of the Oil and Gas Industry. The company provides end-to-end solutions including management consultancy services like commercial and financial advisory, and technical services including project management and O&M (Operation and Management) services for Gas distribution to Industries across India. It has successfully developed a Gas aggregation business volume of 35 MMSCM (approx), especially in Natural Gas. The company is an ISO 9001:2015 and ISO 45001:2018 certified company and As of March 31, 2024, The company’s portfolio includes a substantial daily volume of 4000-5000 MMBTU of gas from various sources.
Promoters
Positron Energy Limited Promoters
- Mr. Rajiv Shankarankutty Menon
- Mr. Manav Bahri
- Mr. Sujit K Sugathan
Promoters Holding
Holding Pre Issue
98.56%
Holding Post Issue
72.00%
Objects of the Issue
The funds raised from the issue will be allocated for the following purposes:
- To Meet Working Capital Requirements
- The remaining proceeds will be utilised for various general corporate expenses.
Address / Contact Info
Positron Energy Limited
Office No. 3, IT Tower-2,
Ground Floor Infocity, Sector-7,
Gandhinagar-382007
Phone: +91 079 23290070
Email: secretarial@positron-india.com
Website: https://positron-india.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 12 August 2024
IPO Close Date
Wednesday, 14 August 2024
Basis of Allotment
Friday, 16 August 2024
Initiation of Refunds
Monday, 19 August 2024
Credit of Shares to Demat
Monday, 19 August 2024
Listing Date
Tuesday, 20 August 2024 — NSE & BSE
Important Dates
Open Date
12 August 2024
Close Date
14 August 2024
Basis Of Allotment
16 August 2024
Listing Date
20 August 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 3789.02 | 2476.25 | 938.9 |
| Revenue | 13541.76 | 5202.61 | 896.85 |
| Profit After Tax | 878.78 | 212.8 | 57.98 |
| Net Worth | 1489.26 | 566.87 | 354.45 |
| Reserve & Surplus | 934.06 | 532.17 | 319.75 |
| Total Borrowings | 1027.9 | 741.81 | 368.33 |
EPS Pre
15.83%
EPS Post
11.56%
P/E Pre
15.79
P/E (Post Issue)
21.62x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI Information |
|---|---|
| ROE % | 0.85 |
| ROCE % | 0.62 |
| Debt / Equity | 0.69 |
| RoNW % | 59.01 |
| PbW | 9.32 |
| Pat Margin % | 6.52 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 583200 | 28.47 | 0 |
| Market Maker | 102600 | 5.01 | 0 |
| Qualified Institutions | 388800 | 18.98 | 0 |
| Non-Institutional | 292200 | 14.26 | 0 |
| Retail Investors | 681600 | 33.27 | 0 |
| Total | 2048400 | 100 | 0 |
Subscription Status ( Wed, 14 Aug 24 12:00 AM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 89971200 | 0x |
| Non-Institutional | 0 | 235567800 | 0x |
| Retail Investors | 0 | 239856600 | 0x |
| Total | 0 | 565395600 | 0x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | 150,000.00 |
| Retail (Max) | 1 | 600 | 150,000.00 |
| HNI (Min) | 2 | 1,200 | 300,000.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Positron Energy IPO is a Book-building IPO worth ₹51.21 crores. The price band is ₹238 to 250 per share. The IPO opens on Mon, Aug 12, 2024 and closes on Wed, Aug 14, 2024. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Positron Energy IPO opens on Mon, Aug 12, 2024 and closes on Wed, Aug 14, 2024
Positron Energy IPO Price Band is ₹238 to 250.
Positron Energy IPO lot size is 600, and the minimum amount required for application is ₹300000.
The minimum investment for Positron Energy IPO is approximately ₹300000 based on the upper price band.
To apply for the Positron Energy IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Aug 14, 2024. After submission, funds are blocked until the basis of allotment of Positron Energy IPO is finalised.
Positron Energy IPO issue size is ₹51.21 crores.
Positron Energy IPO allotment date is Sat, Jun 27, 2026.
The registrar for Positron Energy IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Positron Energy IPO through their official website or helpline.
The Positron Energy IPO GMP (Grey Market Premium) is ₹285 as of Tue, Aug 20, 2024. Based on the upper price band of ₹250 per share, the estimated Positron Energy IPO listing price is ₹535, indicating a potential listing gain of approximately 31% over the issue price.