Positron Energy IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Aug 12 to Aug 14 2024
Price Band
₹238 - 250
Current GMP
₹475(90.00%)
Subscription
412.98 times
IPO Details
| IPO Date | August 12, 2024 to August 14, 2024 |
| Listing Date | Tuesday, August 20, 2024 |
| 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 | [.] shares of ₹10 (aggregating up to ₹0.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 5,552,000 |
| Share holding post issue | 7,600,400 |
| Market Maker portion | 102,600 shares Spread X Securities |
IPO Date
August 12, 2024 to August 14, 2024
Listing Date
Tuesday, August 20, 2024
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
[.] shares of ₹10 (aggregating up to ₹0.00 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
5,552,000
Share holding post issue
7,600,400
Market Maker portion
102,600 shares Spread X Securities
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 231.41 |
| Non-Institutional Buyers*** | 805.32 |
| Retail Investors | 348.35 |
| Total ** | 412.98 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
231.41
Non-Institutional Buyers***
805.32
Retail Investors
348.35
Total **
412.98
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Aug 12, 2024 | 4.82 | 14.34 | 30.63 | 19.78 |
| Day 2 Aug 13, 2024 | 7.67 | 49.49 | 96.64 | 61.14 |
| Day 3 Aug 14, 2024 | 231.41 | 805.32 | 348.35 | 412.98 |
DayDay 1
Aug 12, 2024
QIB4.82
NII*14.34
Retail30.63
Total19.78
DayDay 2
Aug 13, 2024
QIB7.67
NII*49.49
Retail96.64
Total61.14
DayDay 3
Aug 14, 2024
QIB231.41
NII*805.32
Retail348.35
Total412.98
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 20-08-2024 | 250.00 | 285(114.0%) | 535 |
| 19-08-2024 | 250.00 | 285(114.0%) | 535 |
| 18-08-2024 | 250.00 | 263(105.2%) | 513 |
| 17-08-2024 | 250.00 | 263(105.2%) | 513 |
| 16-08-2024 | 250.00 | 240(96.0%) | 490 |
| 15-08-2024 | 250.00 | 240(96.0%) | 490 |
| 14-08-2024 | 250.00 | 240(96.0%) | 490 |
| 13-08-2024 | 250.00 | 200(80.0%) | 450 |
| 12-08-2024 | 250.00 | 200(80.0%) | 450 |
| 11-08-2024 | 250.00 | 150(60.0%) | 400 |
| 10-08-2024 | 250.00 | 150(60.0%) | 400 |
| 09-08-2024 | 250.00 | 150(60.0%) | 400 |
| 08-08-2024 | 250.00 | 121(48.4%) | 371 |
Date20-08-2024
Price250.00
GMP285(114.0%)
Estimate List Price535
Date19-08-2024
Price250.00
GMP285(114.0%)
Estimate List Price535
Date18-08-2024
Price250.00
GMP263(105.2%)
Estimate List Price513
Date17-08-2024
Price250.00
GMP263(105.2%)
Estimate List Price513
Date16-08-2024
Price250.00
GMP240(96.0%)
Estimate List Price490
Date15-08-2024
Price250.00
GMP240(96.0%)
Estimate List Price490
Date14-08-2024
Price250.00
GMP240(96.0%)
Estimate List Price490
Date13-08-2024
Price250.00
GMP200(80.0%)
Estimate List Price450
Date12-08-2024
Price250.00
GMP200(80.0%)
Estimate List Price450
Date11-08-2024
Price250.00
GMP150(60.0%)
Estimate List Price400
Date10-08-2024
Price250.00
GMP150(60.0%)
Estimate List Price400
Date09-08-2024
Price250.00
GMP150(60.0%)
Estimate List Price400
Date08-08-2024
Price250.00
GMP121(48.4%)
Estimate List Price371
IPO Important Dates
| 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 |
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
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹150,000 |
| Retail (Max) | 1 | 600 | ₹150,000 |
| HNI (Min) | 2 | 1,200 | ₹300,000 |
ApplicationRetail (Min)
Lots1
Shares600
Amount₹150,000
ApplicationRetail (Max)
Lots1
Shares600
Amount₹150,000
ApplicationHNI (Min)
Lots2
Shares1,200
Amount₹300,000
Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 3,789.02 | 2,476.25 | 938.90 |
| Revenue | 13,541.76 | 5,202.61 | 896.85 |
| Profit After Tax | 878.78 | 212.80 | 57.98 |
| Net Worth | 1,489.26 | 566.87 | 354.45 |
| Reserves and Surplus | 934.06 | 532.17 | 319.75 |
| Total Borrowing | 1,027.90 | 741.81 | 368.33 |
Period EndedPeriod Ended
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Mar 20243,789.02
31 Mar 20232,476.25
31 Mar 2022938.90
Period EndedRevenue
31 Mar 202413,541.76
31 Mar 20235,202.61
31 Mar 2022896.85
Period EndedProfit After Tax
31 Mar 2024878.78
31 Mar 2023212.80
31 Mar 202257.98
Period EndedNet Worth
31 Mar 20241,489.26
31 Mar 2023566.87
31 Mar 2022354.45
Period EndedReserves and Surplus
31 Mar 2024934.06
31 Mar 2023532.17
31 Mar 2022319.75
Period EndedTotal Borrowing
31 Mar 20241,027.90
31 Mar 2023741.81
31 Mar 2022368.33
Key Performance Indicator
| ROE | 0.85% |
| ROCE | 0.62% |
| Debt/Equity | 0.69 |
| RoNW | 59.01% |
| P/BV | 9.32 |
| PAT Margin (%) | 6.52 |
| EPS (Rs) | 15.83 |
ROE
0.85%
ROCE
0.62%
Debt/Equity
0.69
RoNW
59.01%
P/BV
9.32
PAT Margin (%)
6.52
EPS (Rs)
15.83
IPO Reservation
| Anchor Investor Shares Offered | 583,200 (28.47%) |
| Market Maker Shares Offered | 102,600 (5.01%) |
| QIB Shares Offered | 388,800 (18.98%) |
| NII (HNI) Shares Offered | 292,200 (14.26%) |
| Retail Shares Offered | 681,600 (33.27%) |
| Total Shares Offered | 2,048,400 (100%) |
Anchor Investor Shares Offered
583,200 (28.47%)
Market Maker Shares Offered
102,600 (5.01%)
QIB Shares Offered
388,800 (18.98%)
NII (HNI) Shares Offered
292,200 (14.26%)
Retail Shares Offered
681,600 (33.27%)
Total Shares Offered
2,048,400 (100%)
Information about company
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
Project Management Consultation (PMC),
Operations and Maintenance of CGD (City Gas Distribution) Network,
Operations and Maintenance of CNG and Small-scale LNG,
Execution Projects for CGD Infrastructure etc.
The company has a total workforce of 140 employees at various project sites across India.
Objectives of IPO
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
To Meet Working Capital Requirements
General Corporate Purposes
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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