As of August 9, 2024, Positron Energy has ₹121 as Grey Market Premium, with a price range of ₹238 to ₹250 per share. Offering lots of 600 shares, the subscription window is open from August 12 to August 14, 2024.
Positron Energy Limited IPO GMP Today
The Grey Market Premium (GMP) for Positron Energy Limited is ₹121 as of August 9, 2024. This assessment coincides with a price of ₹238 to ₹250 per share for the IPO.
Positron Energy Limited IPO Review
Positron Energy Ltd has shown substantial financial growth with revenue soaring from ₹869.04 lakhs in March 2022 to ₹13,473.25 lakhs by March 2024. This growth, alongside a significant increase in profitability and EPS, reflects strong market performance and investor confidence. The company’s debt-equity ratio has improved, indicating a reduced reliance on debt.
Further demonstrating robust financial health, Positron Energy’s RoNW has impressively increased, suggesting greater efficiency in generating shareholder equity returns. Despite challenges in liquidity as seen in the decreased current ratio, the company’s total assets and improved inventory turnover ratio indicate potential for sustained business expansion and operational efficiency.
To get a full IPO review, click here Positron Energy IPO
Positron Energy Limited IPO Date
Positron Energy Limited will start accepting subscriptions from August 12, 2024, to August 14, 2024.
Positron Energy Limited IPO Price
Positron Energy Limited’s price range is ₹238 to ₹250 per share with a face value of ₹10 each.
Positron Energy Limited
Positron Energy Limited specialises in management and technical advisory services for the Oil and Gas sector in India, focusing on project management from concept to completion. The company operates with a significant gas aggregation volume, securing natural gas via the Indian Gas Exchange, managing a substantial daily portfolio, and emphasising continual growth and risk reduction to enhance investment returns.
How To Apply For Positron Energy Ltd IPO?
To apply for the Positron Energy IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Positron Energy on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Positron Energy IPO at Alice Blue in just a few clicks!