Table of contents
- Positron Energy IPO Details
- IPO Important Date
- Positron Energy IPO Lot Size
- Positron Energy IPO Size
- Promoter Holding
- Positron Energy IPO GMP (Grey Market Premium)
- Positron Energy IPO Subscription Status
- Positron Energy IPO Allotment Status
- About This Company
- Financial Information Of This Company (Amount in Crore)
- Positron Energy Limited KPI
- Positron Energy IPO valuation details for FY2023
- The Objective of The Issue
- Peers of Positron Energy Limited
- Positron Energy Limited IPO Registrar
- Positron Energy Limited IPO Lead Manager
- Positron Energy Limited Contact
- Positron Energy Limited IPO Application Form PDF
- Conclusion
Investors can expect the allotment results to be finalized on August 16, 2024. Subsequently, shares are 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. Specifically, retail investors will need to apply for a minimum of 600 shares, requiring an investment of ₹150,000. Conversely, high net-worth individuals (HNIs) must apply for at least 1,200 shares (2 lots), totaling ₹300,000.
Moreover, this IPO aims to bolster working capital and support general corporate purposes, therefore making it an attractive opportunity for those looking to invest in a growing energy sector company.
Positron Energy IPO Details
| Open Date | August 12, 2024 |
| Close Date | August 14, 2024 |
| IPO Size | ₹51.21 crores |
| Face Value | ₹10 per share |
| Fresh Issue | 22,00,000 Equity Shares |
| IPO Price Band | ₹238 to ₹250 per share |
| IPO Listing on | NSE SME |
| Lot Size | 600 Shares |
| OFS | N.A |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
IPO Important 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
Positron Energy IPO Lot Size
| Application | Lots | Amount | Shares |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹150,000 |
| Retail (Max) | 1 | 600 | ₹150,000 |
| HNI (Min) | 2 | 1200 | ₹130,000 |
Positron Energy IPO Size
| Issue Type | Size(₹) |
|---|---|
| Total IPO Size | ₹51.21 crores |
| Offer For Sale | ₹ 0 |
| Fresh Issue | ₹51.21 Crores |
Promoter Holding
The promoters of the company are Mr. Rajiv Shankarankutty Menon, Mr. Manav Bahri, and Mr. Sujit K Sugathan. Currently, the pre-issue shareholding stands at 98.56%. However, the post-issue shareholding is projected to be 72.00%.
Positron Energy IPO GMP (Grey Market Premium)
Curious about the latest Grey Market Premium (GMP) for the Positron Energy IPO? Look no further! Visit our dedicated IPO GMP section where we keep you in the loop with daily updates on all IPOs, including Positron Energy Limited. Additionally, stay ahead of the game with real-time GMP insights that can help you make informed investment decisions. Whether you’re a seasoned investor or just getting started, our updates have got you covered!
Positron Energy IPO Subscription Status
Positron Energy’s IPO subscription kicks off on August 12, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Positron Energy IPO Allotment Status
To check the Positron Energy IPO allotment status go to the IPO registrar website Link Intime India Pvt Ltd or go to IPO Allotment.
To check Positron Energy’s IPO allotment status. Firstly, follow the steps below:
- First, go to the link given above.
- Next, select the company name.
- Then, enter your PAN Number, Beneficiary Number, Application Number, or CAF Number.
- Finally, submit the details to get the allotment status.
About This Company
Positron Energy Limited (PEL) is a management and engineering consultancy firm based in Ahmedabad, India. Additionally, it provides services to the oil and gas sector. Founded in 2008, PEL has worked with 90% of India’s top 10 oil and gas companies on more than 125 projects. In addition, the company offers a range of services, including project management consultation, operations and maintenance, business advisory, and market research.
PEL’s services are customized and responsive; moreover, they draw on a mix of experienced and young talent, as well as industry veterans. Consequently, the company is certified to ISO 9001:2015 and ISO 45001:2018 standards, which ensures the quality of its consultancy and O&M services.
PEL is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Furthermore, the company’s board of directors meets regularly to review performance and declare quarterly results.
Financial Information Of This Company (Amount in Crore)
The financial data for Positron Energy Limited, covering the periods ending March 31, 2024, March 31, 2023, and March 31, 2022, are as follows:
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Total Assets | 3,789.02 | 2,476.25 | 938.90 |
| Total Revenue | 13,541.76 | 5,202.61 | 896.85 |
| PAT (Profit After Tax) | 878.78 | 212.80 | 57.98 |
| Net Worth | 1,489.26 | 566.87 | 354.45 |
| Total borrowings | 1,027.90 | 741.81 | 368.33 |
Positron Energy Limited KPI
| Metric | November 30, 2023 | March 31,2023 | March 31,2022 |
|---|---|---|---|
| Revenue From Operations (₹ In Lakhs) | 8000.34 | 5142.64 | 869.04 |
| Growth in Revenue from Operations (YoY %) | - | 491.76% | 154.85% |
| Gross Profit (₹ in Lakhs) | 1174.19 | 850.61 | 458.48 |
| Gross Profit Margin (%) | 14.68% | 16.54% | 52.76% |
| EBIDTA (₹ in Lakhs) | 699.46 | 299.74 | 88.97 |
| EBIDTA Margin (%) | 8.74% | 5.83% | 10.24% |
| Profit After Tax (₹ in Lakhs) | 533.63 | 212.80 | 57.98 |
| PAT Margin (%) | 6.67% | 4.14% | 6.67% |
| RoE (%) | 63.65% | 46.19% | 16.97% |
| RoCE (%) | 42.78% | 26.37% | 11.33% |
| Net Fixed Asset Turnover (in Times) | 39.59 | 24.43 | 4.74 |
| Operating Cash Flows (₹ in Lakhs) | 978.98 | 99.09 | 69.17 |
Positron Energy IPO valuation details for FY2023
| Metric | Value |
|---|---|
| Earnings Per Share (EPS) | ₹3.83 per Equity Share |
| Price/Earnings (P/E) Ratio | 65.23 |
| Return on Net Worth (RoNW) | 37.54% |
| Net Asset Value (NAV) | ₹10.21 per Equity Share |
The Objective of The Issue
The company desires to use the Net Proceeds from the Issue to fulfill its following goals:
- Working capital needs.
- General Corporate Purposes.
Peers of Positron Energy Limited
The company doesn’t have any listed peers in India; however, it operates in a unique niche market with few direct competitors.
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, simply check out the IPO Forms. Additionally, you can download the ASBA IPO Forms PDF.
Conclusion
The company has experienced negative cash flow in operating, financing, and investing activities throughout the last few fiscal years. Consequently, to achieve its goals, the company is currently launching an IPO for the general public.
We believe the information offered in this blog helps you learn about the company’s financial performance. Therefore, this blog will be very useful to you if you are looking for information about the approaching IPO, as it will provide reliable data about the company’s insights, financials, and past performance. If this informative blog piques your interest, then you may be interested in reading our other related and useful posts on our website.
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