Positron Energy Limited

12 Aug 2024 - 14 Aug 2024 Individual Category SME NSE

Min Investment

₹150000

Price Band

₹238-₹250

Issue Size

14.65 lakhs
Equity Shares

Lot Size

600

IPO Dates
img

12 Aug 2024

Open Date

img

14 Aug 2024

Close Date

img

16 Aug 2024

Allotment Date

img

20 Aug 2024

Listing Date

Positron Energy is open for subscription from Monday, August 12, 2024, and closing on Wednesday, August 14, 2024. The price band for this IPO is set to Rs 238 – Rs 250 per share. Positron Energy IPO is offering a book-built public issue of an entirely fresh issue of 20.48 lakh equity shares. The allotment for this new IPO is expected to be finalised on Friday, August 16, 2024. This IPO will be listed on the NSE SME segment on Tuesday, August 20, 2024. The minimum lot size set for the retail category is 1 lot, i.e., 600 shares. For retail investors, the minimum and maximum investment amount required is Rs 150,000. However, for the HNI category, the maximum lot size is 2 lots, i.e., 1,200 shares amounting to Rs 300,000. The IPO is managed by Beeline Capital Advisors Private Limited, which is the book-running lead manager of this public issue. The company has appointed Link Intime India Private Limited as the registrar for the issue.

Know Before Investing

Strengths icon

Weaknesses icon

About Positron Energy Limited

Positron Energy Limited was incorporated in 2008 and provides management and technical advisory services for the oil and gas industry in India. They offer comprehensive gas distribution solutions, including management consultancy, project management, and operation and management services. Their gas aggregation business focuses on natural gas, utilizing common carrier pipeline networks. Positron Energy Limited is certified according to ISO 9001:2015 and ISO 45001:2018 standards, ensuring high-quality consultancy and O&M services. They serve major oil and gas sector players, including public and private companies. With a workforce of 140 employees, their services include Project Management Consultation (PMC), Operations and Maintenance of CGD Networks, and more.

Founded

2008

Managing Director

Mr. Rajiv Shankarankutty Menon, Mr. Manav Bahri and Mr. Sujit K Sugathan

Parent Organization

IPO Objectives

The company plans to utilize the Net Proceeds from the Issue for several purposes. These include funding meeting the company's working capital requirements, and supporting general corporate purposes.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
img

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account