Positron Energy is preparing to launch its IPO, targeting a total raise of ₹51.21 crores through a book-built issue. This offering consists of a fresh issue of 20.48 lakh shares, with no shares available for OFS. The Positron Energy IPO will open for subscription on August 12, 2024, and will close on August 14, 2024.

Investors can expect the allotment results to be finalized on August 16, 2024, with shares set to list on the NSE SME on August 20, 2024. The price band for the IPO is established between ₹238 to ₹250 per share. Retail investors will need to apply for a minimum of 600 shares, requiring an investment of ₹150,000, while high net-worth individuals (HNIs) must apply for at least 1,200 shares (2 lots), totalling ₹300,000.

This IPO aims to bolster working capital and support general corporate purposes, making it an attractive opportunity for those looking to invest in a growing energy sector company.

Ref Doc –Positron Energy IPO DRHP

Positron Energy IPO Details

Open Date	August 12, 2024
Close Date	August 14, 2024
IPO Size	Rs ₹51.21 crores through 22 lakh shares
Fresh Issue	22,00,000 Equity Shares
Face Value	₹10 per share
IPO Price Band	₹238 to ₹250 per share
IPO Listing on	NSE SME
Lot Size	600 Shares
OFS	N.A
Share Offered to Retail	35%
Share Offered to QIB	50%
Share Offered to HNI	15%

Positron Energy IPO Date

• IPO Open Date: August 12, 2024
• IPO Close Date: August 14, 2024
• Allotment: August 16, 2024
• Refunds: August 19, 2024
• Shares Credit to Demat: August 19, 2024
• Listing Date: August 20, 2024

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

Promoter Holding

The promoters of Positron Energy are Mr. Rajiv Shankarankutty Menon, Mr. Manav Bahri, and Mr. Sujit K Sugathan. Pre-Issue Shareholding: 98.56%

Positron Energy IPO GMP (Grey Market Premium)

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Positron Energy IPO Subscription Status

Positron Energy IPO subscription starts on August 12, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.

Positron Energy IPO Allotment Status

To check the Positron Energy IPO allotment status go to the IPO registrar website ” LINK INTIME INDIA PRIVATE LIMITED” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.

1. Go to the Link given above.
2. Select the IPO Name
3. Enter your PAN/ DP ID/ Application No
4. Submit details and get the allotment status.

Know About Company

Positron Energy Limited is a public company incorporated on February 15, 2008, originally registered as Positron Energy Private Limited. The company transitioned to a public limited entity on January 2, 2024, following a resolution passed by its shareholders. Its corporate office is located at Office No. 3, IT Tower-2, Ground Floor, Infocity, Sector-7, Gandhinagar, Gujarat-382007.

Business Focus

Positron Energy operates primarily in the energy sector, focusing on various aspects of energy management and consulting. The company is involved in the wholesale distribution of fuels and related products, as well as management consultancy activities. The nature of its business is classified under several SIC codes, including:

• 46210: Wholesale of grain, unmanufactured tobacco, seeds, and animal feeds
• 46719: Wholesale of other fuels and related products
• 46750: Wholesale of chemical products
• 70229: Management consultancy activities other than financial management

Leadership

The company is led by a team of experienced professionals, including promoters Mr. Rajiv Shankarankutty Menon, Mr. Manav Bahri, and Mr. Sujit K Sugathan. Their expertise spans various fields, contributing to the company’s strategic direction and operational efficiency.

Positron Energy Limited is poised for growth in the energy sector, leveraging its consulting expertise and strategic management capabilities. With the upcoming IPO, the company aims to enhance its market presence and operational capacity, making it a noteworthy entity in the industry.

Positron Energy Limited Financial Information

KPI Of Positron Energy Limited

Positron Energy IPO Valuation – FY2023

Earning Per Share (EPS):	₹3.83 per Equity Share
P/E Ratio:	65.23
Return on Net Worth (RoNW):	37.54%
Net Asset Value (NAV):	₹10.21 per Equity Share

Peer Group

N/A

Positron Energy Limited IPO Registrar

Link Intime India Pvt Ltd
Phone: +91 810 811 4949
Email: positronenergy.ipo@linkintime.co.in
Website: www.linkintime.co.in

Positron Energy Limited IPO Lead Manager

BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Address: B 1311-1314, Thirteenth Floor, Shilp Corporate Park,
Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054, Gujarat, India.
Telephone Number: 079 4918 5784
Email Id: mb@beelinemb.com
Investors Grievance Id: ig@beelinemb.com
Website: www.beelinemb.com

Positron Energy Limited Contact

Positron Energy Limited
Office No. 3, IT Tower-2, Ground Floor Infocity,
Sector-7, Gandhinagar, Gujarat-382007
Phone: +91 63537 65381
E-mail: secretarial@positron-india.com
Website: www.positron-india.com

Positron Energy Limited IPO Application Form PDF

To download the Positron Energy Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.

Analyses Of Positron Energy Limited IPO

Risks and Concerns

• Significant reliance on a few major customers

Highly competitive industry with many players exposed to volatility in gas prices and foreign exchange rates

Recommendation

• Positron Energy has shown strong revenue growth and improving profitability

The company is well-positioned in the growing gas distribution market in India. However, the IPO is priced at a high P/E ratio compared to peers

• Investors should carefully consider the risks and growth prospects before investing

In summary, while Positron Energy has an attractive business model and financial performance, the high valuation and competitive risks should be carefully evaluated before investing in the IPO. Investors should consult their financial advisors to make an informed decision.