Positron Energy, a small and medium-sized enterprise (SME), is set to launch its initial public offering (IPO) soon. Investors can subscribe to the IPO starting Monday, August 12, 2024, and the price range for the shares has been set between ₹238 and ₹250.
About Positron Energy
Positron Energy specializes in providing management and technical advisory services for India’s oil and gas industry. The company offers comprehensive gas distribution solutions, which include management consulting, project management, and operation and management services. Additionally, Positron Energy has developed a natural gas aggregation business and utilizes common carrier pipeline networks in the market.
IPO Details
The Positron Energy IPO is structured as a book-built issue aiming to raise ₹51.21 crores. This includes a fresh issue of 20.48 lakh shares, each with a face value of ₹10. The IPO does not feature any offer for sale component.
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