Positron Energy IPO – The IPO for Positron Energy is scheduled to begin on August 12. A SME IPO called Positron Energy hopes to raise ₹51.21 crores through the offering. 600 shares make up the market lot for the Positron Energy IPO, which has a set price range of ₹238 to ₹250. For its first eleven years of operation, Positron Energy only provided management and technical advisory services to the oil and gas sector.
Eventually, their promoters intended to start the coal bed methane (CBM) aggregation business in order to supply an industrial unit in the fiscal year 2018–19. Their Company decided in July 2022 to aggressively start the business of Natural Gas aggregation for such industrial units after having a successful company of CBM Gas aggregation as well, in response to the demand of industrial units.
Positron Energy IPO
| IPO Open Date | August 12, 2024 |
| IPO Close Date | August 14, 2024 |
| IPO Size | Approx ₹51.21 Crores,2,048,400 Equity Shares |
| Basis of Allotment | August 16, 2024 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹238 to ₹250 Per Equity Share |
| IPO Listing on | NSE SME |
| IPO Listing Date | August 20, 2024 |
Positron Energy Financial
| FY 2022 | |
| Revenue | 134.73 |
| Expenses | 123.53 |
| Net income | 8.79 |
| EPS | 15.83 |
| PE ratio | 15.03 – 15.79 |
| RONW (%) | 59.01 |
| NAV | 26.82 |
| ROCE (%) | 61.55 |
| EBITDA (%) | 8.94 |
| Debt/Equity | 0.69 |
Positron Energy’s solid development trajectory and strengthening financial health are demonstrated by this financial performance. The company is in a favorable position for potential investors due to the notable improvements in revenue and profitability, as well as the growth of strategic assets and enhanced net worth. Investors must, however, keep an eye on the company’s management of its mounting debt and its ability to maintain this growth trajectory going forward.
About the Company- Positron Energy
Incorporated in 2008, Positron Energy Limited provides technical advice services and management solutions to the Indian oil and gas sector. The company provides operation and management services, project management, management consulting, and complete gas distribution solutions. In the Indian market, Positron Energy has created a natural gas-focused gas aggregation company that makes use of common carrier pipeline networks. The organization is certified to both ISO 45001:2018 and ISO 9001:2015, guaranteeing the caliber of O&M and consulting services offered to the oil and gas industry. Major participants in the industry’s public and private sectors are served by Positron Energy.
