Positron Energy Limited IPO GMP

Positron Energy is engaged in Management & Technical Advisory Services of Oil and Gas Industry. They provide end to end solutions for Gas distribution to the Industries across India. They provide Management Consultancy Services like commercial and financial advisory, technical services including Project Management and O&M (Operation and Management) Services, across the Gas Sector in India.

Positron Energy, a Book Built Issue amounting to ₹51.21 crores, consisting entirely a Fresh Issue of 20.48 Lakh Shares. The subscription period for the Positron Energy IPO opens on August 12, 2024, and closes on August 14, 2024. The allotment is expected to be finalized on or about Friday August 16, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Tuesday August 20, 2024.

The Share price band of Positron Energy IPO is set at ₹238 to ₹250 equity per share, with a minimum lot size of 600 shares. Retail investors are required to invest a minimum of ₹150,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (1,200 shares), amounting to ₹300,000.

BEELINE CAPITAL ADVISORS PRIVATE LIMITED is the book-running lead manager, LINK INTIME INDIA PRIVATE LIMITED is the registrar for the Issue. Spread X Securities Private Limited will act as Market Maker for the Positron Energy IPO.

Positron Energy Limited IPO GMP Today
The Grey Market Premium of Positron Energy Limited IPO is expected in the range of ₹140 to ₹150 based on the financial performance and Subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Positron Energy Limited IPO Allotment Status
Positron Energy IPO allotment date is 16 August, 2024, Friday. Positron Energy IPO Allotment will be out on 16th August 2024 and will be live on Registrar Website from the allotment date. Check Positron Energy Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Positron Energy Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Positron Energy Limited IPO
Positron Energy Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹3,820 Lakhs is required for to Meet Working Capital Requirements
2. General Corporate Purposes and to meet issue expenses

Refer to Positron Energy Limited RHP for more details about the Company.