Last updated on August 20, 2024
Positron Energy IPO description – Positron Energy provides technical advisory services and management support to the oil and gas industry. The company offers all-inclusive gas distribution solutions to Indian industries. The company offers technical services, such as project management and O&M (operation and management) services, as well as management consultancy services, including financial and commercial advice, to the Indian gas industry. With a focus on natural gas, Positron Energy has effectively built a gas aggregation business volume of 35 MMSCM.
The company’s current portfolio includes a substantial daily volume of 4000-5000 MMBTU of gas from various sources. The company has entered into a collaboration agreement with ICOM North America LLC (New Hudson, MI) for the installation of ICOM Dual Fuel LNG conversion systems in on-road trucks weighing over 3.5 tons in India.
Currently, the company has a total workforce of 140 employees at various project sites across India.
Promoters of Positron Energy – Mr. Rajiv Shankarankutty Menon, Mr. Manav Bahri, and Mr. Sujit K Sugathan
Table of Contents
Positron Energy IPO Details
| Positron Energy IPO Dates | 12 – 14 August 2024 |
| Positron Energy Issue Price | INR 238 – 250 per share |
| Fresh issue | 20,48,400 shares (INR 48.75 – 51.21 crore) |
| Offer For Sale | NIL |
| Total IPO size | 20,48,400 shares (INR 48.75 – 51.21 crore) |
| Minimum bid (lot size) | 600 shares (INR 1,50,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Positron Energy Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 8.69 | 51.42 | 134.73 |
| Expenses | 8.18 | 49.16 | 123.53 |
| Net income | 0.58 | 2.13 | 8.79 |
Positron Energy Offer News
- Positron Energy RHP
- Positron Energy Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Positron Energy Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.04 | 3.83 | 15.83 |
| PE ratio | – | – | 15.03 – 15.79 |
| RONW (%) | 16.36 | 37.54 | 59.01 |
| NAV | 6.38 | 10.21 | 26.82 |
| ROCE (%) | 11.33 | 26.37 | 61.55 |
| EBITDA (%) | 10.24 | 5.83 | 8.94 |
| Debt/Equity | 1.04 | 1.31 | 0.69 |
Positron Energy IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 17 August 2024 | 215 | – | 1,08,000 |
| 16 August 2024 | 200 | – | 1,03,000 |
| 14 August 2024 | 180 | – | 90,000 |
| 13 August 2024 | 150 | – | 71,000 |
| 12 August 2024 | 135 | – | 63,700 |
| 10 August 2024 | 135 | – | 63,700 |
| 9 August 2024 | 110 | – | 51,000 |
Positron Energy IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 3,88,800 | 2,92,200 | 6,81,600 | 13,62,600 |
| 14 Aug 2024 | 231.41 | 805.67 | 348.35 | 413.05 |
| 13 Aug 2024 | 7.67 | 49.46 | 94.43 | 60.03 |
| 12 Aug 2024 | 4.82 | 14.17 | 29.58 | 19.21 |
The market maker reservation portion of 1,02,600 shares and anchor allocation portion of 5,83,200 equity are not included in the above calculations.
Positron Energy IPO Allotment Status
Positron Energy IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Positron Energy IPO Dates & Listing Performance
| IPO Opening Date | 12 August 2024 |
| IPO Closing Date | 14 August 2024 |
| Finalization of Basis of Allotment | 16 August 2024 |
| Initiation of refunds | 19 August 2024 |
| Transfer of shares to demat accounts | 19 August 2024 |
| IPO Listing Date | 20 August 2024 |
| Opening Price on NSE SME | INR 475 per share (up 90%) |
| Closing Price on NSE SME | INR 498.75 per share (up 99.5%) |
Positron Energy Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate Park,
Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054, Gujarat
Phone: 079 4918 5784
Email:Â [email protected]
Website:Â www.beelinemb.com
Positron Energy Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
Positron Energy Issue Contact Details
POSITRON ENERGY LIMITED
Office No. 3, IT Tower-2, Ground Floor Infocity,
Sector-7, Gandhinagar, Gujarat-382007
Phone: +91 63537 65381
E-mail: [email protected]
Website: www.positron-india.com
IPO FAQs
What is the Positron Energy offer size?
Positron Energy offer size is INR 48.75 – 51.21 crores.
What is the Positron Energy offer price band?
Positron Energy public offer price is INR 238 – 250 per share.
What is the lot size of the Positron Energy IPO?
Positron Energy offer a lot size is 600 shares.
What is Positron Energy IPO GMP today?
Positron Energy IPO GMP today is INR 215 per share.
What is the Positron Energy kostak rate today?
Positron Energy kostak rate today is INR NA per application.
What is Positron Energy Subject to the Sauda rate today?
Positron Energy is Subject to the Sauda rate today is INR 1,08,000 per application.
