Bidding Open For Positron Energy Ipo

Positron Energy IPO Price Band and Bidding Details

Bidding Open for Positron Energy IPO

Positron Energy IPO has set a price band of Rs 238 to Rs 250 per share for its upcoming IPO. The initial public offering (IPO) of Positron Energy opened for subscription today, August 12, and will close on August 14. The issue size is Rs 5121 crore.

Price Band and Bidding Details

The company is offering its shares at Rs 238-250 apiece. Investors can bid for a minimum of 600 shares and in multiples of 600 shares thereafter. The price band for the SME IPO has been fixed at Rs 238-250 per share.

Subscription Status

On the first day of bidding on Monday, the IPO received a 19.37 times subscription. The allotment for the Positron Energy IPO is expected to be finalized on Friday, August 16, 2024. The shares will be listed on the NSE SME platform, with a tentative listing date of Tuesday, August 20, 2024.