Today’s IPO allocation for Positron Energy is anticipated. Bidding on the ₹51.21 crore offer took place between August 12 and August 14. It received 413 subscriptions on the last day of the auction. August 20 is most likely when the company goes public. On Friday, August 16, Positron Energy is anticipated to finalize the share allotment status for its initial public offering (IPO).
Bidding for the NSE SME IPO took place between August 12 and August 14. significant demand from Non-Institutional Investors (NIIs) drove the significant subscription for Positron Energy’s initial public offering (IPO). Positron Energy IPO was booked over 413 times with bids for over 56.27 on the final day of bidding.
The NSE SME platform Emerge will list shares of the Positron Energy first public offering. August 20 has been set as the provisional date for the initial public offering (IPO). Investors are anticipating the allotment status with great anticipation following the August 14 closing of the IPO.
Investors who applied for Positron Energy shares can monitor the IPO allotment status once the company finalizes the share distribution. You can check the status of the Positron Energy IPO share allotment on the NSE a nd registrar Link Intime India Pvt Ltd websites.
How to use NSE to monitor the progress of share allotment
1. Go to https://www.nseindia.com to see the NSE IPO allotment status page.
2. Enter your password and username to log in.
3. Choose Positron Energy as the problem name from the drop-down menu after logging in.
4. Check your PAN.
5. Put in the application number for your IPO.
6. Press the “Submit” button.
7. Details about the IPO share allotment will show up on screen.
Steps to use the registrar website to verify the Positron IPO share allotment
1. Visit Link Intime India Pvt Ltd’s IPO registration website at https://www.linkintime.co.in/.
2. Select Investor Services.
3. Select Matters of Public Interest From the list of company names drop-down menu.
4. Choose Positron Energy.
5. Enter your account number or IFSC, PAN, DP/Client ID, or application number.
6. Press the “Submit” button.
Details about Positron Energy’s IPO
Each equity share has a face value of ₹10, and the IPO price range was set at ₹238 to ₹250. The IPO for Positron Energy consisted of a completely new offering of 2.05 lakh shares, with a total market value of ₹51.21 crore. Manav Bahri, Sujit K. Sugathan, and Rajiv Shankarankutty Menon were the promoters of Positron Energy.
Goal of Positron IPO
The proceeds of the initial public offering (IPO) will be used by Positron Energy for general corporate objectives and to cover working capital needs.
Positron Energy Concerns
Positron Energy Ltd provides technical and managerial advice to the Indian oil and gas sector. 2008 saw the incorporation of the business. Positron Energy provides project management, operation and management (O&M) services, and management consulting in addition to comprehensive gas distribution solutions.
