What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Positron Energy Limited IPO allotment date?

The basis of allotment for Positron Energy Limited IPO is scheduled to be finalized on 16 Aug 2024.

Where can I check Positron Energy Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 17 Aug 2024.

IPO GreyPremiumLIVE

Grey Market Intelligence

Positron Energy Limited

ListedSME

Energy · NSE

Positron Energy Limited, established in 2008, provides management and technical advisory services for India’s oil and gas industry, specializing in gas distribution solutions. The company offers consultancy, project management, and operations & maintenance (O&M) services, with a strong focus on natural gas distribution through common carrier pipelines. Holding ISO 9001:2015 and ISO 45001:2018 certifications, Positron Energy serves both public and private sector clients, handling CGD networks, CNG, and small-scale LNG operations. With a workforce of 140 employees across various project sites, the company continues to support the growth of India’s energy sector.

Price Band

₹238 – ₹250

Issue Size

₹51.21 Cr

Lot Size

600 shares

GMP

₹285

+114.0%

Est. Listing

₹535

at current GMP

Subscribed

414.94x

overall

Open

12 Aug 2024

14 Aug 2024

Allotment

16 Aug 2024

Refund

17 Aug 2024

Demat Credit

18 Aug 2024

Listing

20 Aug 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Positron Energy Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

16 Aug 2024

Basis finalization

Refunds Initiate

17 Aug 2024

Mandate release

Demat Credit

18 Aug 2024

Shares in demat

Listing Debut

20 Aug 2024

Trading begins

About Positron Energy Limited Public Issue & Market Profile

Positron Energy Limited is bringing an initial public offering (IPO) in the Energy sector with an aggregate issue size of ₹51.21 Crores. The shares are offered at a price band of ₹238 to ₹250 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2024-08-14, the basis of allotment is scheduled to be finalized on 2024-08-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.