Positron Energy IPO Details: The Positron Energy IPO is set to open on August 12 and close on August 14. This NSE SME IPO aims to raise ₹51.21 crores, with a price band fixed between ₹238 and ₹250 per share, and a market lot of 600 shares.
For its first 11 years, Positron Energy focused primarily on management and technical advisory services within the oil and gas industry. In fiscal year 2018-19, the company’s promoters expanded into the coal bed methane (CBM) gas aggregation business to supply industrial units. Following the success in CBM gas, the company decided to broaden its scope to natural gas aggregation in July 2022 to meet growing industrial demand.
Positron Energy offers comprehensive management and technical advisory services to the oil and gas sector across India. Their offerings include commercial and financial consultancy, technical services, project management, and operations and management (O&M) services. They have successfully developed a gas aggregation business with a volume of approximately 35 MMSCM, primarily focusing on natural gas. Their technical expertise and collaboration with numerous industrial clients underscore their reliability and competence. The distribution of natural gas is streamlined through common carrier pipeline networks operated by major public and private sector entities in the Indian market.Positron Energy specializes in providing comprehensive solutions for gas distribution to industries across India. Their services encompass management consultancy, offering commercial and financial advisory, as well as technical expertise in Project Management and O&M Services within the Gas Sector. With a robust track record, they have successfully aggregated approximately 35 MMSCM of Natural Gas. Their technical qualifications and partnerships with key industrial clients underscore their reliability and competence. Distribution of Natural Gas is facilitated through established common carrier pipeline networks managed by leading public and private sector entities in the Indian market.
Positron Energy IPO Objectives:
- To Meet Working Capital Requirements
- General Corporate Purposes
Positron Energy IPO Review (Apply or Not)
- Update soon
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 Lot Size:
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 Timeline:
The Positron Energy IPO will open on August 12 and close on August 14. The allotment date is set for August 16, and the IPO is expected to be listed 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 |
Positron Energy IPO GMP Today:
- Update soon.
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: positronenergy.ipo@linkintime.co.in
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: secretarial@positron-india.com
Website: www.positron-india.com
Positron Energy IPO FAQs
1. What are the dates for the Positron Energy IPO?
The Positron Energy IPO opens on August 12 and closes on August 14. The allotment date is August 16, and the IPO is expected to list on August 20.
2. What is the price band for the Positron Energy IPO?
The price band for the Positron Energy IPO is set between ₹238 and ₹250 per share.
3. What is the minimum investment required for the Positron Energy IPO?
The minimum market lot is 600 shares, which requires an investment of ₹150,000.
4. How much capital is Positron Energy aiming to raise through this IPO?
Positron Energy aims to raise ₹51.21 crores through this IPO.
5. What is the primary business focus of Positron Energy?
Positron Energy initially focused on management and technical advisory services for the oil and gas industry. Recently, the company has expanded into the aggregation and distribution of coal bed methane (CBM) and natural gas for industrial units.
6. How can I apply for the Positron Energy IPO?
You can apply for the Positron Energy IPO through your stockbroker or online trading platform using your demat account.
7. On which stock exchange will Positron Energy be listed?
Positron Energy will be listed on the NSE SME exchange.
8. What are the key dates to remember for the Positron Energy IPO?
- IPO Open Date: August 12
- IPO Close Date: August 14
- Allotment Date: August 16
- Listing Date: August 20
9. What sectors does Positron Energy serve with its gas distribution services?
Positron Energy provides end-to-end solutions for gas distribution across various industries in India, primarily focusing on natural gas.
10. Who are the major players in the pipeline networks used by Positron Energy for gas distribution?
The distribution of natural gas is facilitated through common carrier pipeline networks operated by major public and private sector companies in India.
