
Positron Energy Limited IPO And Its GMP
Positron Energy Limited is engaged in Management & Technical Advisory Services of Oil and Gas Industry. They provide end-to-end solutions for Gas distribution to Industries across India. The company provides Management Consultancy Services like commercial and financial advisory and technical services including Project Management and O&M (Operation and Management) Services, across the Gas Sector in India.
Positron Energy Limited has successfully developed a Gas aggregation business volume of 35 MMSCM (approx), especially Natural Gas. Their technical qualifications and empanelment with most industrial customers attest to our reliability and competence. Moreover, Natural gas distribution is facilitated through common carrier pipeline networks operated by major public and private sector players in the Indian market.
Issue Size: Rs 51.21 crores
- Composition:
- Fresh Issue: 20.48 lakh shares
- Offer for Sale: Rs 0.00 crore (indicating no shares are being sold by existing shareholders)
Subscription Dates: August 12, 2024 - August 14, 2024
Price Band: ₹238 to ₹250 per share
Minimum Lot Size: 600 shares
Book Running Lead Manager: Beeline Capital Advisors Pvt Ltd
Registrar: Link Intime India Private Ltd

WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Positron Energy Limited IPO And Its GMP
GMP Date | IPO Price | GMP | Last Updated |
---|---|---|---|
2024-08-17 | 250 | 239.0 (96%) | 2024-08-17 |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Positron Energy Limited IPO And Its GMP Details
Detail | Description |
---|---|
IPO Date | August 12, 2024 to August 14, 2024 |
Listing Date | - |
Face Value | ₹10 per share |
Price Band | ₹238 to ₹250 per share |
Lot Size | 600 Shares |
Total Issue Size | 2,048,400 shares (aggregating up to ₹51.21 Cr) |
Fresh Issue | 2,048,400 shares (aggregating up to ₹51.21 Cr) |
Offer for Sale | - |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Shareholding pre issue | 5,552,000 |
Shareholding post issue | 7,600,400 |
Market Maker portion | 102,600 shares |
Positron Energy Limited IPO And Its GMP Timeline
Detail | Description |
---|---|
IPO Open Date | Monday, August 12, 2024 |
IPO Close Date | Wednesday, August 14, 2024 |
Basis of Allotment | Friday, August 16, 2024 |
Initiation of Refunds | Monday, August 19, 2024 |
Credit of Shares to Demat | Monday, August 19, 2024 |
Listing Date | Tuesday, August 20, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on August 14, 2024 |
Positron Energy Limited IPO And Its GMP Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 600 | ₹150,000 |
Retail (Max) | 1 | 600 | ₹150,000 |
HNI (Min) | 2 | 1200 | ₹300,000 |
Positron Energy IPO Reservation
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 50.00% of the Net offer |
Retail Shares Offered | Not less than 35.00% of the Offer |
NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
Positron Energy Limited IPO And Its GMP Promoter Holding
Share Holding Pre Issue | Share Holding Post Issue |
---|---|
98.56% | 72.00% |
Company & Financials
Incorporated in 2008, Positron Energy Limited provides management and technical advisory for the oil and gas industry in India. They offer end-to-end gas distribution solutions, including management consultancy, project management and operation and management services. The company has developed a gas aggregation business focusing on natural gas and utilizes common carrier pipeline networks in the Indian market.
The company is certified according to ISO 9001:2015 and ISO 45001:2018 standards. This certification ensures the quality of consultancy and O&M services provided to the oil and gas sector.
The company serves major oil and gas sector players, including both public sector companies and private firms.
The services of the company include the following:
- 1. Project Management Consultation (PMC).
- 2. Operations and Maintenance of CGD (City Gas Distribution) Network.
- 3. Operations and Maintenance of CNG and Small-scale LNG.
- 4. Execution Projects for CGD Infrastructure etc.
Competitive Strength:
- -
Positron Energy Limited IPO And Its GMP Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
30 Nov 2023 | 5,231.85 | 8,061.33 | 533.63 | 1,109.82 | 762.33 | |||||||||||||||||||||||||||||||||||
31 Mar 2023 | 2,476.25 | 5,202.61 | 212.80 | 566.87 | 741.81 | |||||||||||||||||||||||||||||||||||
31 Mar 2022 | 938.90 | 896.85 | 57.98 | 354.45 | 368.33 | |||||||||||||||||||||||||||||||||||
31 Mar 2021 | 612.30 | 353.51 | 22.84 | 329.03 | 119.81 | |||||||||||||||||||||||||||||||||||
Amount in ₹ Crore |
Key Performance Indicator
KPI | Values |
---|---|
ROE | 0.85% |
ROCE | 0.62% |
Debt/Equity | 0.69 |
RoNW | 59.01% |
P/BV | 9.32 |
PAT Margin (%) | 6.52 |
Pre IPO | Post IPO | |
---|---|---|
EPS (Rs) | 3.83 | 10.53 |
P/E (x) | 65.23 | 23.74 |
Objectives of Positron Energy IPO
The Issue Proceeds from the Fresh Issue will be utilized towards the following objectives:
- To Meet Working Capital Requirements
- General Corporate Purposes
Positron Energy IPO Review
Considering the growth trajectory in the oil and gas segment, the niche place created by this company with virtual monopoly and the improved financial performance year-on-year make it a worthy bet. Based on FY24 earnings, the issue appears fully priced. Investors may park funds for the medium to long term.
RHP:
DRHP:
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Frequently asked Questions (FAQs )
-
What is Positron Energy IPO?
Positron Energy IPO is an NSE SME IPO. They are going to raise ₹51.21 Crores via IPO. The issue is priced at ₹238 to ₹250 per share. The IPO is to be listed on NSE.
-
When will Positron Energy IPO?
The IPO is to open on August 12, 2024, for QIB, NII, and Retail Investors.
-
What is Positron Energy IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
-
What is Positron Energy IPO Size?
Positron Energy's IPO size is ₹51.21 crores.
-
What is the Positron Energy IPO Price Band?
Positron Energy's IPO Price Band is ₹238 to ₹250 per equity share.