Positron Energy IPO | Worth Applying?

24°
Deal Lieutenant
prodime17

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.


Positron Energy IPO opens for subscription on August 12, 2024 and closes on August 14, 2024. The allotment for the Positron Energy IPO is expected to be finalized on Friday, August 16, 2024. Positron Energy IPO will list on NSE SME with tentative listing date fixed as Tuesday, August 20, 2024.

Positron Energy IPO price band is set at ₹238 to ₹250 per share. The minimum lot size for an application is 600 Shares. The minimum amount of investment required by retail investors is ₹150,000. The minimum lot size investment for HNI is 2 lots (1,200 shares) amounting to ₹300,000.

IPO Date August 12, 2024 to August 14, 2024
Listing Date [.]
Face Value ₹10 per share
Price Band ₹238 to ₹250 per share
Lot Size 600 Shares
IPO Open Date Monday, August 12, 2024
IPO Close Date Wednesday, August 14, 2024
Basis of Allotment Friday, August 16, 2024
Initiation of Refunds Monday, August 19, 2024
Credit of Shares to Demat Monday, August 19, 2024
Listing Date Tuesday, August 20, 2024

GMP is ₹100

Expected return is 40.00%.


Should be Applied?

Apply for IPO:

Upstox- https://play.google.com/store/apps/details?id=i...

Upstox - https://upstox.com/open-demat-ac...t/

Zerodha - https://zerodh...m/

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