The Positron Energy IPO, which aimed to raise ₹51.21 crores through a fresh issue of 20.48 lakh shares, saw bidding take place from August 12 to August 14, 2024. The allotment of shares is expected to be finalised today, August 16, 2024, and the listing is set for August 20, 2024, on NSE’s SME platform.
How to Check Allotment Status:
You can check your Positron Energy IPO allotment status either on the Link Intime India website (the official registrar) or on the NSE website.
Steps to check on Link Intime India:
- Visit the Link Intime India website.
- Choose “Positron Energy IPO” from the dropdown menu (note: the IPO name will only appear when the allotment is final).
- Enter your PAN number, Application number, DP/Client ID, or account number with IFSC code.
You can follow a similar process on the NSE site to check your allotment status.
Grey Market Premium (GMP):
The current grey market premium (GMP) for Positron Energy IPO is ₹240, meaning the shares are being traded at ₹240 above the issue price on the grey market. With the upper issue price set at ₹250, the expected listing price could be around ₹490, a 96% premium.
Positron Energy IPO Subscription Details:
By August 14, 2024, the IPO was highly subscribed at 414.86 times. The retail category was subscribed 351.90 times, the Qualified Institutional Buyers (QIB) portion was subscribed 231.41 times, and Non-Institutional Investors (NII) bid for shares 805.84 times.
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