Positron Energy IPO Details
The Positron Energy IPO is a book build issue with a total issue size of ₹51.21 cr, comprising of fresh issue of 2048400 equity shares. Positron Energy IPO opened for subscription on Aug 12, 2024 and closed on Aug 14, 2024. Positron Energy IPO is set price band at ₹238 to ₹250 per share, with a lot size of 600 shares. Minimum investment for Retail investors was ₹300,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Aug 16, 2024, and listed on the NSE on Aug 20, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. Beeline Capital Advisors Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Positron Energy IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 238 – 250
- Lot Size
- 600
- Issue Size
- ₹51.21 Cr
- Minimum Investment
- ₹300000 (1200 Shares)
- Listing Date
- 20 August 2024
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Positron Energy Limited
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.
Positron Energy IPO 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%
Positron Energy IPO Objective
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
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
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 with a total issue size of ₹51.21 crore. The Positron Energy IPO price band is ₹238 to 250 per share. The Positron Energy IPO subscription opens on Mon, Aug 12, 2024, and closes on Wed, Aug 14, 2024. The Positron Energy IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Positron Energy IPO.
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 per share.
Positron Energy IPO lot size is 600 shares, Retail investors need a minimum investment of ₹300000 based on the upper price band
The minimum investment for Positron Energy IPO is ₹300000, based on one lot of 600 shares at the upper price band of ₹250 per share.
Investors can apply for the Positron Energy IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Aug 14, 2024. The application amount remains blocked until the Positron Energy IPO allotment is finalized.
Positron Energy IPO issue size is ₹51.21 crores.
Positron Energy IPO allotment date is Wed, Jul 1, 2026.
The registrar for Positron Energy IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Positron Energy IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.