Positron Energy IPO NSE SME IPO, Bidding start 12 August 2024, IPO close on 14 August 2024, Wednesday. The company declared the share list NSE SME on 20 August 2024, Tuesday. Positron Energy IPO is a 100% book-built issue IPO a total fresh share issue of 20.48 Lakhs equity shares value ( 51.21 Crores ). According to RHP share bidding price range is ₹238/- to ₹250/- per share face value of every share is Rs 10, 1 lot size 600 equity shares.
Positron Energy IPO Full Details
| Company Name | Positron Energy Limited |
| Issue Type | 100% book-built issue |
| Share Issue Type | Fresh Issue |
| Offer For Sale ( OFS ) | NO |
| Issue Size | ( 20.48 Lakhs ) shares value ( 51.21 Crores ) |
| Face Value | ₹10 |
| One Lot Size | 600 Shares |
| Price Range | ₹238/- to ₹250/- per share |
| Listing Platform | NSE SME |
| Book Running Lead Manager | Beeline Capital Advisors Pvt. Ltd |
| Name of the Registrar | Link Intime India Pvt. Ltd |
| Market Maker | Spread X Securities Pvt. Ltd |
| Sponsor Bank | Axis Bank Limited |
| Positron Energy IPO RHP | Check Here |
Positron Energy IPO Date & Time Chart Details
| EVENTS | DATE & TIME |
|---|---|
| Issue Period | 12/08/2024 to 14/08/2024 |
| IPO Open | 12 August 2024, Monday |
| IPO Close | 14 August 2024, Wednesday |
| Bidding Time | 10.00 A.M to 5.00 P.M |
| Share Allotment Status | 16 August 2024, Friday |
| Initiation of Refunds | 19 August 2024, Monday |
| Share Credit of Demat Accounts | 19 August 2024, Monday |
| Share List on NSE SME | 20 August 2024, Tuesday |
| Cut-off Time for UPI Mandate Confirmation | 14 August 2024 on 5.00 P.M |
| 14 August 2024 at 5.00 P.M | Only through the ASBA process |
Positron Energy IPO Category Wise Reservation
| Category | Total Limit ( % ) | Shares Reservation |
| Retail Investors | Not Less than 35% of the net Issue. | 6,81,600 Equity Shares |
| Non-Institutional Investors ( NII ) | Not Less than 15% of the net issue. | 2,92,200 Equity Shares |
| QIB Investors | Not More than 50% of the net issue. | 9,72,000 Equity Shares |
Investors Minimum, Maximum Investment Required & Lot Size
Retail Investors:
- Minimum Investment: To apply for Positron Energy IPO, the minimum investment required is 1 lot 600 equity shares are ₹150,000
- Maximum Investment: Maximum investment in the retail investor’s category 1 lot 600 equity shares is ₹150,000
Non-Institutional Investors ( NII ):
- Minimum Investment: This category of investors’ minimum investment required to apply for an IPO is 2 lots 1200 equity shares ₹ 300,000
QIB Investors:
- Minimum Investment: QIB Investors’ minimum investment required 2 lots of 1200 equity shares ₹ 300,000
Positron Energy IPO GMP
Positron Energy IPO GMP latest Live update today check here
Positron Energy Limited Business Model
Positron Energy Limited was founded on February 15, 2008, this company is headquartered in Gujarat, India. The company mainly work in the oil & Gas sector, focusing on natural gas, bio GAS and Regasified Liquefied Natural Gas (R-LNG) etc. The company manages a substantial daily gas volume of 4000-5000 MMBTU and engages in long-term contracts with flexible pricing models.
Positron Energy Limited has jointly developed ICOM Dual Fuel LNG conversion systems in India with an American company, ICOM North America LLC. This system is specially designed for on-road trucks over 3.5 tons. Installing this system on the truck will reduce environmental pollution and reduce the transportation cost of the truck. This system is currently undergoing technical approval from the Automotive Research Association of India (ARAI).
Positron Energy Limited Business Model:
- Management and Technical Consultancy Services
- Management Consultancy
- Technical Services
- Gas Aggregation and Sales
- Gas on Wheel Solution
- Natural Gas Aggregation and Sales
- LNG Distribution Solution
Positron Energy Limited Financial Performance
| Particulars | 31 March, 2024 | 31 March, 2023 | 31 March 2022 |
| Sales/Revenue | 13,541.76 | 5,202.61 | 896.85 |
| Total Expenses | 12,352.67 | 4,915.88 | 817.99 |
| Net Profit After Tax | 878.78 | 212.80 | 57.98 |
| Cash & Cash Equivalents | 1,744.72 | 753.64 | 380.87 |
| Total Assets | 3,789.02 | 2,476.25 | 938.90 |
| Reserves and Surplus | 934.06 | 532.17 | 319.75 |
| Total Borrowing | 1,027.90 | 741.81 | 368.33 |
| Net Worth | 1,489.26 | 566.87 | 354.45 |
| Share Capital | 555.20 | 34.70 | 34.70 |
Fundamental Key Factors
| Particulars | 31 March, 2024 | 31 March, 2023 | 31 March 2022 |
| ROE% | 0.85 | 0.46 | 0.17 |
| ROCE% | 0.62 | 0.26 | 0.11 |
| ROI% | 0.05 | 0.04 | 0.02 |
| Debt to Equity Ratio% | 0.69 | 1.31 | 1.04 |
| PAT Margin% | 6.52 | 4.14 | 6.67 |
| EBITDA Margin% | 8.94 | 5.83 | 10.24 |
Positron Energy Limited Management & Promoters
| Name | Designation |
| Dr. Safalta S Gupta | Chairman & Independent Director |
| Mr. Rajiv Shankarankutty Menon | Managing Director & Promoter |
| Mr. Manav Bahri | Whole Time Director & CEO and Promoter |
| Mr. Sujit K Sugathan | Whole Time Director & CFO and Promoter |
| Mr. Suresh Ayyappankutty | Non-Executive Director |
| Mr. Devanutosh Kothari | Independent Director |
Positron Energy Limited Promoters Share Holding
| Promoters | Holding Percentage % |
| Positron Ventures Private Limited | 49% |
| Mr. Rajiv Shankarankutty Menon | 17% |
| Mr. Rajiv Shankarankutty Menon | 17% |
| Mr. Sujit K Sugathan | 17% |
Positron Energy IPO Object Of The Issue
- To Meet Working Capital Requirements
- General Corporate Purposes
Check IPO Allotment Status From Issue Registrar
| Registrar | Link Intime India Private Limited |
| Address: | C-101, 247 Park, 1st Floor L.B.S. Marg, Vikhroli West Mumbai 400 083 Maharashtra, India |
| Tel. Number: | +91 810 811 4949 |
| E-mail: | [email protected] |
| Website: | linkintime.co.in/initial_offer/public-issues.html |
Positron Energy Limited IPO Office Address & Contact Details
| Address: | Office No. 3, IT Tower-2, Ground Floor Infocity, Sector-7, Gandhinagar, Gujarat-382007 |
| Tel No: | +91 079 23290070 |
| Email Id: | [email protected] |
| Website: | positron-india.com |
FAQ
What is the price of Positron Energy IPO?
The company set a price range between ₹238/- to ₹250/- per equity share.
What is the Positron Energy IPO Open Date?
Positron Energy IPO is open for bidding on Monday, 12 August 2024.
What is the Positron Energy IPO Close Date?
Positron Energy IPO bidding ends on 14 August 2024, Wednesday.
What is the Positron Energy IPO Listing Date?
Positron Energy IPO list NSE SME on 20 August 2024, Tuesday.
What is the Positron Energy IPO?
Positron Energy IPO a GAS & Oil sector IPO, is a 100% book-built IPO total issue is a completely fresh issue size is 20.48 Lakhs share value of 51.21 Crores. The company set one share price range is ₹238/- to ₹250/- per share, face value ₹10 per share and one lot size is 600 equity shares.
