Positron Energy Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 972,000 (47%) | — | ₹2,430 Cr |
| NII (HNI) | — | 292,200 (14%) | — | ₹731 Cr |
| Retail | — | 681,600 (33%) | — | ₹1,704 Cr |
| Market Maker | — | 102,600 (5%) | — | ₹26 Cr |
| Σ Total | — | 2,048,400 (100%) | — | ₹51,210 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹150,000 |
| Retail (Max) | 13 | 7,800 | ₹1,950,000 |
| S-HNI (Min) | 14 | 8,400 | ₹2,100,000 |
| B-HNI (Min) | 67 | 40,200 | ₹10,050,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 13,542 | 5,203 | 897 |
| Profit After Tax | 879 | 213 | 58 |
| Net Worth | 1,489 | 567 | 354 |
| Total Assets | 3,789 | 2,476 | 939 |
| Reserves & Surplus | 934 | 532 | 320 |
| Total Borrowing | 1,028 | 742 | 368 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Meet Working Capital Requirements –
- General Corporate Purposes` –
Company Overview
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.