Positron Energy Limited
listed
₹1.43LMin. investment
Positron Energy Limited IPO Details
Issue size
₹51.21Cr
IPO type
SME
Price range
₹238 – ₹250
Listing date
20 Aug 2024
Lot size
600 shares
RHP/DRHP
Read
Price range₹238 – ₹250
IPO type
SME
Lot size600 shares
Issue size₹51.21Cr
RHP/DRHP
Read
Positron Energy Limited Timeline
- Bid start12 Aug 2024
- Bid end14 Aug 2024
- Allotment14 Aug 2024
- Release of funds19 Aug 2024
- Demat transfer16 Aug 2024
- Listing20 Aug 2024
About Positron Energy Limited
Incorporated in 2008, Positron Energy Limited stands as a premier provider of comprehensive Management and Technical Advisory Services tailored to the Oil and Gas industry. Specializing in end-to-end solutions for gas distribution across India, the company excels in delivering high-quality commercial, financial, and technical advisory services. From project management to operation and maintenance (O&M) services, Positron Energy Limited supports the gas sector with unmatched expertise and reliability. Their notable achievement includes the successful aggregation of a substantial gas volume of approximately 35 MMSCM, underscoring their pivotal role in the sector.
With a robust portfolio and extensive experience, Positron Energy Limited is adept at navigating the complexities of natural gas distribution through both public and private sector pipelines. The company's in-house capabilities enable them to manage projects from conceptualization to completion with remarkable efficiency, ensuring swift turnaround times and optimized returns on investment. This end-to-end approach not only de-risks projects but also enhances overall value creation, highlighting Positron Energy Limited's commitment to excellence in the Oil and Gas industry.
The company's strategic partnership with the Indian Gas Exchange (IGX) further bolsters its operational agility. As a client member of IGX, Positron Energy Limited benefits from a transparent market mechanism for sourcing natural gas, which allows for flexible management of short-term requirements and excess gas. This relationship supports their current substantial daily volume of 4000-5000 MMBTU of gas, which is managed through long-term contracts with clients, negotiated to align with mutual interests and market conditions.
Positron Energy Limited's unwavering focus on quality and continuous improvement drives their expansion within the Oil and Gas sector. By consistently providing reliable, round-the-year services and complementing client projects with a keen eye for detail, the company is well-positioned to lead its growth trajectory. Their expertise and strategic positioning reflect a commitment to maintaining a prominent presence in the industry and delivering exceptional value to their clients.
Positron Energy Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:
- To Meet Working Capital Requirements.
- General Corporate Purposes.
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Positron Energy Limited Contact Details
Company NamePositron Energy Limited
How to apply for Positron Energy Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.
Positron Energy IPO FAQs
How to invest in the Positron Energy Limited ?
Investors can apply for the Positron Energy Limited through their Demat account via the stock exchange or through their broker.
What is the issue size of Positron Energy Limited ?
The issue size of the Positron Energy Limited is 51.21 Cr.
What is 'pre-apply' for Positron Energy Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Positron Energy Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
What are the open and close dates of the Positron Energy Limited ?
Positron Energy Limited will be open between 2024-08-12 and 2024-08-14.
What is the allotment date for the Positron Energy Limited ?
Positron Energy Limited allotment date is 2024-08-16. For Positron Energy Limited allotment status check, you can visit the website of the registrar of the IPO.
Who is the registrar of Positron Energy Limited ?
For Positron Energy Limited, the IPO registrar is LINK INTIME INDIA PRIVATE LIMITED. You can check Positron Energy Limited allotment status on the website of the registrar.
Where is the Positron Energy Limited getting listed?
The shares are proposed to be listed on the BSE and NSE.
When will Positron Energy Limited shares be credited to your demat account?
The Positron Energy Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
What is the lot size and minimum order quantity of the Positron Energy Limited ?
The Positron Energy Limited lot size is 600 and minimum order quantity is 600.
What is the price band for the Positron Energy Limited ?
Positron Energy Limited has set the price band for its IPO at 250 per equity share with a face value of 10.