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Open
12 Aug 2024
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Close
14 Aug 2024
3
Allotment
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Listing
Tue, Aug 20, 2024
Price Band
₹238 to ₹250
Issue Size
20,48,400 shares (agg. up to ₹51 Cr)
Lot Size
600 Shares
Listing Date
Tue, Aug 20, 2024
Latest GMP
₹285
Est. Gain
114%
✦ AI Insight
GMP Trend
20-08-2024₹285Est. ₹535+114%
19-08-2024₹285Est. ₹535+114%
18-08-2024₹263Est. ₹513+105.2%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 289.59x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 37.89 | 24.76 | 9.39 |
| Total Income | 135.42 | 52.03 | 8.97 |
| Profit After Tax | 8.79 | 2.13 | 0.58 |
| NET Worth | 14.89 | 5.67 | 3.54 |
| Reserves and Surplus | 9.34 | 5.32 | 3.20 |
| Total Borrowing | 10.28 | 7.42 | 3.68 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Diensten Tech Ltd. | SME | ₹22.08 Cr | ₹100 | 344.83 | ₹252.00 | +152.00% | ₹127.00 (+3.76%) |
| Falcon Technoprojects India Ltd. | SME | ₹13.69 Cr | ₹92 | 34.25 | ₹88.20 | -4.13% | ₹10.30 (-6.79%) |
| Rulka Electricals Ltd. | SME | ₹26.40 Cr | ₹235 | 28.62 | ₹498.75 | +112.23% | ₹113.00 (+4.24%) |
| Blue Pebble Ltd. | SME | ₹18.14 Cr | ₹168 | 25.16 | ₹208.95 | +24.37% | ₹74.00 (+4.23%) |
| Vrundavan Plantation Ltd. | SME | ₹15.29 Cr | ₹108 | 34.62 | ₹101.65 | -5.88% | ₹34.50 (+2.99%) |
| Kontor Space Ltd. | SME | ₹15.62 Cr | ₹93 | 22.27 | ₹115.90 | +24.62% | ₹59.60 (-8.17%) |
| Awfis Space Solutions Ltd. | Mainboard | ₹598.93 Cr | ₹383 | null | ₹421.75 | +10.12% | ₹288.30 (-0.95%) |
| Krystal Integrated Services Ltd. | Mainboard | ₹300.12 Cr | ₹715 | 21.45 | ₹712.85 | -0.30% | ₹600.20 (+0.00%) |
| Updater Services Ltd. | Mainboard | ₹640.00 Cr | ₹300 | 44.31 | ₹283.90 | -5.37% | ₹194.21 (+1.11%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirements | 38.20 |
| 2 | General Corporate Purposes | 8.62 |
About Positron Energy IPO
Incorporated in 2008, Positron Energy Limited provides management and technical advisory for the oil and gas industry in India. They offer end-to-end gas distribution solutions, including management consultancy, project management, and operation and management services. The company has developed a gas aggregation business focusing on natural gas and utilizes common carrier pipeline networks in the Indian market. The company is certified according to ISO 9001:2015 and ISO 45001:2018 standards. This certification ensures the quality of consultancy and O&M services provided to the oil and gas sector. The company serves major oil and gas sector players, including both public sector companies and private firms. The services of the company include the following Project Management Consultation (PMC), Operations and Maintenance of CGD (City Gas Distribution) Network, Operations and Maintenance of CNG and Small-scale LNG, Execution Projects for CGD Infrastructure etc. The company has a total workforce of 140 employees at various project sites across India.+ Read More
Contact Details
Positron Energy Ltd. AddressOffice No.3, IT Tower-2Ground Floor InfocitySector-7Gandhinagar, Gujarat, 382007+91 63537 65381secretarial@positron-india.comVisit Website