Positron Energy Limited

Company Profile
Company Name Positron Energy Limited
Open Date 12-08-2024
Close Date 14-08-2024
Exchange NSE SME
Lot Size 600 Shares
Issue Price ₹238 to ₹250 per share
Issue Size 20,48,400 shares
Application Amount ₹1,50,000
Recommendation Apply
Company Background - Incorporated in 2008, Positron Energy Limited has their registered office in Gandhinagar, Gujarat. Business Activities: The company 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 Revenue Streams: The company's revenue has seen significant growth, increasing by approximately 1500% from FY22 to FY24, primarily driven by the sale of Natural Gas, which now contributes 84.42% of the total revenue in FY24. Gujarat is the key market, accounting for 51.16% of domestic sales in FY24, while exports have recently emerged as a new avenue, albeit with a minor contribution of 0.72% in FY24. Quality and Safety: Holds ISO 9001:2015 and ISO 45001:2018 certifications, demonstrating a commitment to quality and safety. The company had 140 permanent employees as of March 31, 2024.
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Financial Summary in Lakhs

KPI’s FY 22 FY 23 FY 24
Revenue 869.04 5,142.64 13,473.25
EBITDA 88.98 299.74 1,204.25
Net Profit 58.00 212.80 878.77
RoCE 9.44% 20.78% 52.89%
ROE 16.36% 37.54% 59.01%
P/E 240.38 65.27 15.79

Tentative Timeline

Opening Date 12-08-2024
Closing Date 14-08-2024
Basis of Allotment 16-08-2024
Initiation of Refunds 19-08-2024
Credit of Shares to Demat 19-08-2024
Listing Date 20-08-2024

Objects of the Issue

Funding the working capital requirement of the company.
General Corporate Purposes.

Contact Information

Registered Office Positron Energy Limited Office No. 3, IT Tower-2, Ground Floor Infocity, Sector-7, Gandhinagar-382007
Phone +91 63537 65381
Email secretarial@positron-india.com
Website https://positron-india.com/

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email positronenergy.ipo@linkintime.co.in
Website https://linkintime.co.in/initial_offer/public-issues.html

IPO Reservation

Anchor Investor Shares Offered 583,200 (28.47%)
Market Maker Shares Offered 102,600 (5.01%)
QIB Shares Offered 388,800 (18.98%)
NII (HNI) Shares Offered 292,200 (14.26%)
Retail Shares Offered 681,600 (33.27%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 98.56%
Share Holding Post Issue (Promoters) 72.00%

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