Positron Energy IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Mon, 12 Aug 2024
Close Date
Wed, 14 Aug 2024
Price Band
₹ 238 – 250
Lot Size
600
Issue Size
₹ 51.21 Cr
Minimum Investment
₹ 300,000 (1200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Positron Energy IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹51.21 Crore, comprising a fresh issue of 20.48 Lakh equity shares aggregating to ₹51.21 Crore.
The Positron Energy IPO remained open for subscription from August 12, 2024, to August 14, 2024. The basis of allotment was finalized on August 16, 2024, and the company's shares were listed on NSE SME Platform on August 20, 2024.
The company had fixed the price band at ₹238 to ₹250 per share, with a lot size of 600 shares. Retail investors were required to make a minimum investment of ₹300,000 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Beeline Capital Advisors Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Positron Energy Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Positron Energy IPO Timeline (Tentative)
- IPO Open Date
- Mon, 12 Aug 24
- IPO Close Date
- Wed, 14 Aug 24
- Basis of Allotment
- Fri, 16 Aug 24
- Initiation of Refunds
- Mon, 19 Aug 24
- Credit of Shares to Demat
- Mon, 19 Aug 24
- Listing Date
- Tue, 20 Aug 24 — NSE & BSE
Open Date
12 August 2024
Close Date
14 August 2024
Basis Of Allotment
16 August 2024
Listing Date
20 August 2024
IPO Subscription
Check Live Subscription →The Positron Energy IPO has received bids for 56,53,95,600 shares against 0 shares offered, resulting in an overall subscription of 0x. the NII category is subscribed 0x, Retail Investors 0x, and QIBs 0x.
QIB
0x
NII
0x
RII
0x
Total
0x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 6,81,600 shares, representing 33.27% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 3,88,800 shares (18.98%), while Non-Institutional Investors (NIIs) receive 2,92,200 shares (14.26%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 583,200 | 28.47% |
| Market Maker | 102,600 | 5.01% |
| Qualified Institutions | 388,800 | 18.98% |
| Non-Institutional | 292,200 | 14.26% |
| Retail Investors | 681,600 | 33.27% |
| Total | 2,048,400 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Positron Energy Limited KPI Information
| Particular | KPI Information |
|---|---|
| ROE % | 0.85 |
| ROCE % | 0.62 |
| Debt / Equity | 0.69 |
| RoNW % | 59.01 |
| PbW | 9.32 |
| Pat Margin % | 6.52 |
Peers Comparison
No Peer Comparision Available
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.
Positron Energy Limited Address / Contact Details
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
Positron Energy IPO Lot Size
The Positron Energy IPO has a lot size of 600 shares. Retail investors require a minimum investment of ₹1,50,000 by applying for 1 lot (600 shares). The maximum application allowed for the retail category is 1 lots (600 shares), requiring an investment of ₹1,50,000.
| 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 |
Issue Reservation
- Anchor Investors — 28.47%
- Market Maker — 5.01%
- QIB — 18.98%
- NII — 14.26%
- RII — 33.27%
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Positron Energy 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.
When will the Positron Energy IPO open for subscription?
The Positron Energy IPO opens on Mon, Aug 12, 2024 and closes on Wed, Aug 14, 2024
What is Positron Energy IPO Price Band?
Positron Energy IPO Price Band is ₹238 to 250 per share.
What is Positron Energy IPO Lot Size?
Positron Energy IPO lot size is 600 shares, Retail investors need a minimum investment of ₹300000 based on the upper price band
What is the minimum investment for Positron Energy IPO?
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.
How to apply for Positron Energy IPO?
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.
What is Positron Energy IPO Issue Size?
Positron Energy IPO issue size is ₹51.21 crores.
What is the Positron Energy IPO Allotment Date?
Positron Energy IPO allotment date is Fri, Aug 16, 2024.
Who is the Positron Energy IPO Registrar?
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.
What is the Positron Energy IPO GMP?
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 114.00% over the issue price.
Who is the Positron Energy IPO Lead Manager?
The book-running lead managers (BRLMs) for the Positron Energy IPO are Beeline Capital Advisors Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Positron Energy IPO Red Herring Prospectus (RHP).