Positron Energy IPO Allotment Status Online

Positron Energy IPO Allotment Status Online: Positron Energy IPO is Open on 12 August 2024 and Close on 14 August 2024. Positron Energy IPO to Raise 2,048,400 shares (Approx ₹51.21 Cr) via IPO. The Fresh Issue is 2,048,400 shares (Approx ₹51.21 Cr).

• The Retail Quota is 35%
• QIB is 50%
• NII is 15%

Positron Energy IPO Basis of Allotment Status on 16 August 2024. Positron Energy IPO Refund Date is 19 August 2024 and Positron Energy IPO Credit to Demat on 19 August 2024.

Also Read:  Positron Energy IPO Details, GMP Price, Date, Review

Positron Energy IPO Allotment Link Online

About –Positron Energy for the initially 11 years were mere engaged in the Management & Technical Advisory Services of Oil and Gas Industry. After having successful business of CBM Gas aggregation also, as per the demand of industrial units, our Company in July 2022 decided to aggressively commence the business of Natural Gas aggregation for such industrial unit.We are engaged in Management & Technical Advisory Services of Oil and Gas Industry. We provide end to end solutions for Gas distribution to the Industries across India. We provide Management Consultancy Services like commercial and financial advisory, technical services including Project Management and O&M (Operation and Management) Services, across the Gas Sector in India.We have successfully developed a Gas aggregation business volume of 35 MMSCM (approx), especially Natural Gas. Our technical qualifications and empanelment with most industrial customers attest to our reliability and competence. distribution of Natural gas is facilitated through common carrier pipeline networks operated by major public and private sector players in the Indian market.Our services are consistent round the year. We are a quality conscious company. We are constantly striving to expand our service portfolio and we always look forward to complementing projects of our clients.Our Company has entered into collaboration agreement with ICOM North America LLC (New Hudson, MI) for installation of ICOM Dual Fuel LNG conversion systems in on-road trucks weighing over 3.5 tons in India. The new system will result in reduction in emissions with the utilization of LNG contributing to environmental sustainability. The dual-fuel system allows for cost-effective operation with the flexibility of fuel ratios.The product has undergone thorough testing under Indian operating conditions, ensuring optimal performance and reliability. We are currently in the process of obtaining technical approvals from the Automotive Research Association of India (ARAI).

Our Business Model

1. Management and Technical Consultancy Services
2. Gas Aggregation And Sales

Our Company has entered into collaboration agreement with ICOM North America LLC (New Hudson, MI) for installation of ICOM Dual Fuel LNG conversion systems in on-road trucks weighing over 3.5 tons in India. The new system will result in reduction in emissions with the utilization of LNG contributing to environmental sustainability. The dual-fuel system allows for cost-effective operation with the flexibility of fuel ratios.The product has undergone thorough testing under Indian operating conditions, ensuring optimal performance and reliability. We are currently in the process of obtaining technical approvals from the Automotive Research Association of India (ARAI).The Dual Fuel System preserves the integrity of the engine, requiring no modifications during the conversion process. Diesel Engines can efficiently operate on a mixture of LNG and Diesel, with a variable ratio of up to 60:40. The DDF control unit dynamically determines the diesel fuel injection amount and adjusts the air/gas mixture dosage in real-time. This ensures perfect operational conditions based on engine feedback.A significant Unique Selling Proposition (USP) is the system’s automatic adjustment of diesel injection without requiring driver intervention. We have successfully introduced the ICOM Dual Fuel LNG Conversion Systems to the Indian market.The product has undergone thorough testing under Indian operating conditions, ensuring optimal performance and reliability. We are currently in the process of obtaining technical approvals from the Automotive Research Association of India (ARAI). Upon receiving the necessary approvals, we plan to launch the ICOM Dual Fuel LNG Conversion Systems for commercial use in India.