Positron Energy Limited IPO

NSE SME

Listed On: Aug 20, 2024 at ₹ 475.0

₹ 150000 /600 Shares

Check Allotment

Positron Energy IPO Details

12 Aug, 2024

Open Date

14 Aug, 2024

Close Date

16 Aug, 2024

Allotment Date

20 Aug, 2024

Listing Date

Issue Price

₹238-250 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

475.0

Listing Date

2024-08-20

Market Lot

600 Shares (₹150,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

2,048,400 shares(aggregating up to ₹51.21 Cr)

Retail Portion

35%

Subscription

414.94 times

IPO Docs

DRHP RHP

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

Total No. of Applications: 3,99,755 (Approx)

Positron Energy Valuations

EPS Pre IPO

₹15.83/-

EPS Post IPO

₹11.56/-

P/E Pre IPO

15.79

P/E Post IPO

21.62

RoNW

59.01%

Positron Energy Company Financials All values are in ₹ Lakh

	30-Nov-23	31-Mar-23	31-Mar-22
Assets	5,231.85	2,476.25	938.90
Revenue	8,061.33	5,202.61	896.85
Profit After Tax	533.63	212.80	57.98

About The Company

Positron Energy Limited provides management and technical advisory for the oil and gas industry in India. They offer end-to-end gas distribution solutions, including management consultancy, project management, and operation and management services. The company has developed a gas aggregation business focusing on natural gas and utilizes common carrier pipeline networks in the Indian market.

The company is certified according to ISO 9001:2015 and ISO 45001:2018 standards. This certification ensures the quality of consultancy and O&M services provided to the oil and gas sector.

The company serves major oil and gas sector players, including both public sector companies and private firms.

The services of the company include the following
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%

Company Promoter(s)

Mr. Rajiv Shankarankutty Menon
Mr. Manav Bahri
Mr. Sujit K Sugathan

Positron Energy IPO - Issue Objectives

To Meet Working Capital Requirements
General Corporate Purposes

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.