The share price of Positron Energy debuted brilliantly on NSE SME today. The opening price of shares in Positron Energy is ₹475, which is 90% more than the ₹250 issue price. Positron Energy’s shares were locked in a 5% upper circuit after a stellar debut.
The subscription period for Positron Energy’s initial public offering (IPO) was open from August 8 to August 12. Shares in the Positron Energy IPO were priced between ₹238 and ₹250, with a face value of ₹10. There were multiples of those shares available and at least 600 of those shares were up for bid. 414.86 times were subscribed to the Positron Energy IPO on the last day of bidding.
Established in 2008, Positron Energy Limited provides managerial services and technical guidance to the Indian oil and gas industry. In addition to project management, operation and management services and management assistance, they offer full gas distribution solutions.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.