Positron Energy IPO Allotment Status

Summary

The Positron Energy IPO witnessed an overwhelming response, being significantly oversubscribed by 414.86 times by the closing date of August 14, 2024. The IPO saw immense demand across all investor categories, with qualified institutional buyers (QIB) subscribing 231.41 times, non-institutional investors (NII) subscribing 805.84 times, and retail investors subscribing 351.90 times.

This strong investor interest highlights the market's confidence in Positron Energy's growth potential. The total amount raised through the IPO is expected to contribute significantly to the company's expansion plans, further solidifying its position in the energy sector.

How to Positron Energy IPO Allotment Status:

How do you check Positron Energy IPO allotment status on the Registrar's site?

Step 1) Go to Link Intime's website for IPO allotment status- https://linkintime.cin/Initial_Offer/public issues.html.

Step 2) Scroll down and select "Positron Energy Limited" from the list of companies. Once allotments are finalised, their name will appear there.

Step 3) Choose whether to check by PAN number, application number, DP ID, or account number/IFSC code. Use what you have available.

Step 4) Type in or copy-paste your number or ID details.

Step 5) Click Submit. You will now see if shares got allotted to you or not.

How to Check Positron Energy IPO allotment status on BSE?

Step 1: Visit BSE website for IPO allotments using the URL - https://www.bseindia.com/investors/appli_check.aspx 

Step 2: Find and click on the sign-up button on the BSE website to register an account. This requires entering your PAN details.

Step 3: Create a username and password, and enter the captcha code displayed to verify the user is not a robot.

Step 4: The IPO allotment status will now be visible on the homepage when it opens. It shows whether shares have been allotted or not.

How to Check IPO Allotment Status in a Bank Account?

Log in to Netbanking: Open your bank's website or use their app to log in to your account.

Find the IPO Section: Go to the tab for Investing or Services. The IPO area will be there.

Give Your Details: They'll ask for your PAN, application number, etc. Fill in what you have.

See If You Got Shares: After you submit your information, it'll now show whether you were allotted any IPO shares.

Confirm the Status: You can double-check the allotment status directly with the company's registrar, also, just to confirm.

How to Check IPO Allotment Status in a Demat Account?

Log in to Your Demat Account: To access your Demat account, log in using your Depository Participant (DP) mobile app or website.

Locate the IPO Section: Look for the " IPO " section or "Portfolio" to find details about any IPO applications.

Verify Allotment Status: Check if the shares allotted to you from the IPO can be seen in your Demat account in the IPO section. This section often shows the allotment status.

Confirm with the Registrar: If the IPO shares do not appear to have been credited, visit the registrar's website and enter your IPO application details to verify the allocation status.

Contact Customer Service if Needed: If you notice any discrepancies between the status shown and the actual shares credited, contact your DP's customer service for assistance in resolving the issues.

Positron Energy IPO Timelines:

Positron Energy IPO Subscription Status

By August 14, 2024, at the close of Day 3, the Positron Energy IPO was subscribed an impressive 414.86 times. The public issue saw strong participation across all categories, with the retail category subscribed 351.90 times, the Qualified Institutional Buyers (QIB) category subscribed 231.41 times, and the Non-Institutional Investors (NII) category subscribed an extraordinary 805.84 times.

Subscription Day 3
Total Subscription: 414.86 times.
QIBs: 231.41 times.
Non-Institutional Investors: 805.84 times.
Retail Investors: 351.90 times.

Subscription Day 2
Total Subscription: 61.14 times.
QIBs: 7.67 times.
Non-Institutional Investors: 49.49 times.
Retail Investors: 96.64 times.

Subscription Day 1
Total Subscription: 19.78 times.
QIBs: 4.82 times.
Non-Institutional Investors: 14.34 times.
Retail Investors: 30.63 times.

Positron Energy IPO Details

The Positron Energy IPO is valued at Rs 51.21 crores. To raise funds, it's offering 20.48 lakh fresh shares, and existing shareholders are selling some stock worth Rs 0 crore.

Bidding for the IPO began on August 12, 2024, and closed on August 14, 2024. Individuals can probably know the final allotment status by August 16. The Positron Energy IPO is slated to list on the BSE SME platform on Tuesday, August 20.

The pricing is set between ₹238 and ₹250 per Positron share. Retail investors need to bid for a minimum of 600 shares, which requires Rs 1.5 lakhs. The minimum investment by HNIs is 1200 shares or 2 lots, totaling Rs 3 lakhs.

Beeline Capital Advisors Pvt Ltd is the book-running lead manager for the Positron Energy IPO, while Link Intime India Private Ltd is the registrar. Spread X Securities is the market maker for this IPO.