Positron Energy IPO Details, GMP Price, Date, Review

Positron Energy IPO
WhatsApp Group Join Now
Telegram Group Join Now

Positron Energy IPO details Today : Positron Energy IPO details Today 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 of  2,048,400 shares (Approx ₹51.21 Cr). 

Our Company 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

Positron Energy IPO Date & Price Band Details

IPO Open Date 12 Aug 2024
IPO Close Date 14 Aug 2024
IPO Size 2,048,400 shares (Approx ₹51.21 Cr)
Fresh Issue 2,048,400 shares (Approx ₹51.21 Cr)
Lot Size 600 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹238 ₹250 Per Every Share
IPO Listing On NSE SME
IPO Retail Quota 35%
IPO QIB Quota 50%
IPO NII Quota 15%
DRHP Draft Click Here
Anchor Investor Click Here

Positron Energy IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 600 ₹1,50,000
Retail Maximum 1 600 ₹1,50,000
S-HNI Minimum 2 1200 ₹3,00,000

Positron Energy IPO Allotment & Listings (Details)

IPO Open Date 12 Aug 2024
IPO Close Date 14 Aug 2024
Basis of Allotment 16 Aug 2024
Refunds 19 Aug 2024
Credit to Demat Account 19 Aug 2024
IPO Listing Date 20 Aug 2024

Positron Energy Financial Reports

₹ in Crores
Year Revenue Expense PAT
Nov 2023 ₹80.61 ₹73.39 ₹5.34
2023 ₹52.03 ₹49.16 ₹2.13
2022 ₹8.97 ₹8.18 ₹0.58
2021 ₹3.54 ₹3.38 ₹0.23

Object of the Issue

  1. To Meet Working Capital Requirements
  2. General Corporate Purposes

Our Company Promoters

  1. Mr. Sujit K Sugathan
  2. Mr. Rajiv Shankarankutty Menon 
  3. Mr. Manav Bahri

Qualitative Factors

  • Customized Solutions and Services.
  • Adaptability to Changing Gas Pricing Landscape.
  • Embracing Government Reforms.
  • Diversified Portfolio for Future Growth.
  • Experienced Leadership and Execution Team.

Also Read: Emcure Pharmaceuticals IPO details, Date, Price, GMP, Review

Positron Energy Company Contact Details

Office No. 3, IT Tower-2, Ground Floor, Infocity,
Sector-7, Gandhinagar, Gujarat382007.
Telephone No.: +91 63537 65381
Web site: www.positron-india.com
E-Mail: secretarial@positron-india.com
Contact Person: Devang Ashvinkumar Shah

Positron Energy Lead Manager

Address: B 1311-1314, Thirteenth Floor, Shilp Corporate
Park, Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054,
Gujarat, India.
Telephone Number: +91 79 4918 5784
Email Id: mb@beelinemb.com.
Investors Grievance Id: ig@beelinemb.com
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah

Positron Energy IPO Registrar

Address: C- 101, 1st Floor, 247 Park, L.B.S Marg, Vikhroli
(West), Mumbai – 400083, Maharashtra, India
Telephone: +91 810 811 4949
Email: positronenergy.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan

4 thoughts on “Positron Energy IPO Details, GMP Price, Date, Review”

Leave a Comment

Open Demat Account

Add Your Google News Feed Money Mint idea

Follow Money Mint idea for the Upcoming IPO News & IPO Reviews, Also Keep Following us on X, Facebook, or Instagram , Linkedin For Our Latest Videos, Subscribe to Our YouTube Channel.