New Delhi: Positron Energy IPO worth Rs 51.21 crore which opened on August 12, 2024, and closed on August 14, 2024, will finalise the allotment of shares on Friday, August 15, 2024. Positron Energy IPO’s price band stood at Rs 238-250 per share Positron Energy IPO offered 20.48 lakh freshly issued shares on offer.
Categorywise, retail investors had 681,600 shares on offer, 292,200 shares for the NII investment category, and 388,800 shares for the QIB category. Positron Energy kept aise 583,200 shares for anchor investors. Positron Energy IPO raised Rs 14.58 crore from anchor investors on August 9, 2024.
Positron Energy IPO GMP
Positron Energy IPO GMP stood at Rs 240 per share, indicating a listing price of Rs 490 per share, or a whopping 96 per cent premium over the IPO price of Rs 250 per share, according to Investorgain. Grey market premium is the extra amount that investors are willing to pay in order to acquire one share of a company.
The minimum lot size for Positron Energy IPO stood at Rs 1,50,000 for 600 shares. The SME IPO will be listed on the NSE SME index on August 20, 2024.
Positron Energy subscription status and key dates
Positron Energy is a management and technical advisor focused on the oil and gas industry. The company’s revenue for the period ending March 31, 2024, stood at Rs 13,541.76 crore, up 160.29 per cent year-on-year. Positron Energy’s net profit rose 312.96 per cent on-year basis to Rs 878.78 crore during the period under consideration.
Positron Energy aims to use the IPO proceeds to meet its working capital requirements as well as for general corporate purposes. Positron Energy IPO was subscribed 231.41 times by the qualified institutional buyers’ (QIB) category, 805.84 times by the Non-Institutional Investor (NII) category, and 351.90 times by the retail investor category, Overall subscription status stood at 414.86 times, according to exchange data.
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Positron Energy IPO: With the allotment date set for August 16, 2024, check GMP and listing date for the SME IPO. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
