Positron Energy Limited
Bookbuilding IPO · NSE
- Price band
- ₹238 - ₹250
- Lot size
- 600 shares
- Issue amount
- ₹51.21 cr
- Total subscription
- 414.94×
- Opens
- 12 Aug 2024
- Closes
- 14 Aug 2024
- Allotment
- 16 Aug 2024
- Listing
- 20 Aug 2024
Offer at a glance
Issue overview
- Issue size
- 20,48,400 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,42,800
- Fresh issue
- ₹51.21 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,50,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 55,52,000
- Shares after issue
- 76,00,400
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 600 | ₹1,50,000 |
| HNI | 2 | 1,200 | ₹3,00,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 9.72 | 2,249.28 |
| RETAIL | 17.04 | 5,996.41 |
| NIB | 7.3 | 5,889.19 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 15.83 | 3.83 | 1.04 |
| ROE | 85.48 | 46.19 | 16.97 |
| ROCE | 61.55 | 26.37 | 11.33 |
| RONW | 59.01 | 37.54 | 16.36 |
| PRE IPO(PE) | 15.79 | 0 | 0 |
| POST IPO(PE) | 21.62 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Positron Energy Limited, established in 2008, provides management and technical advisory services for India’s oil and gas industry, specializing in gas distribution solutions. The company offers consultancy, project management, and operations & maintenance (O&M) services, with a strong focus on natural gas distribution through common carrier pipelines. Holding ISO 9001:2015 and ISO 45001:2018 certifications, Positron Energy serves both public and private sector clients, handling CGD networks, CNG, and small-scale LNG operations. With a workforce of 140 employees across various project sites, the company continues to support the growth of India’s energy sector.
Strengths
- Customized Solutions: Provides tailored management and technical advisory services, ensuring efficient and client-specific gas distribution solutions.
- Flexible in Changing Gas Prices: Strong adaptability to fluctuating gas pricing conditions supports sustained performance and customer satisfaction.
- Aligned with Government Reforms: Leverages policy changes and regulatory reforms to drive innovation, compliance, and growth in the oil & gas sector.
Risk factors
- Legal Risks: Ongoing disputes could affect Positron Energy’s operations, reputation, and financial health if outcomes are unfavorable.
- Market Uncertainty: Changes in gas prices or regulations could impact sales, revenue, and overall business performance.
- New Product Challenges: Expanding into new products or business areas comes with risks, such as market acceptance and potential operational hurdles.
Promoters
Mr. Rajiv Shankarankutty Menon
Mr. Manav Bahri
Mr. Sujit K Sugathan
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Office No. 3, IT Tower-2,, Ground Floor Infocity, Sector-7, Gandhinagar-382007
+91 63537 65381
[email protected]Company website ↗Understanding POSITRON IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.