Positron Energy Limited 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
  1. Project Management Consultation (PMC),
  2. Operations and Maintenance of CGD (City Gas Distribution) Network,
  3. Operations and Maintenance of CNG and Small-scale LNG,
  4. Execution Projects for CGD Infrastructure etc.

The company has a total workforce of 140 employees at various project sites across India.

 

Positron Energy Limited Financial Information (Restated Consolidated)

Positron Energy Limited’s revenue increased by 160.29% and profit after tax (PAT) rose by 312.96% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,789.022,476.25938.90
Revenue13,541.765,202.61896.85
Profit After Tax878.78212.8057.98
Net Worth1,489.26566.87354.45
Reserves and Surplus934.06532.17319.75
Total Borrowing1,027.90741.81368.33
Amount in ₹ Lakhs

Objects of the Issue (Positron Energy IPO Objectives)

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:

  • To Meet Working Capital Requirements
  • General Corporate Purposes

Positron Energy IPO Timeline (Tentative Schedule)

Positron Energy IPO opens on August 12, 2024, and closes on August 14, 2024.

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
Cut-off time for UPI mandate confirmation 5 PM on August 14, 2024

SHARIAH SCREENING for - Positron Energy Limited IPO

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BUSINESS SCREEN

FINANCIAL RATIOS

As per our analysis and Based on the information we have, this is the output.
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