Positron Energy's IPO to List on NSE SME Platform

Key Details

* WEB Positron Energy's IPO will list on the NSE SME platform. * The tentative listing date is fixed as Tuesday, August 20, 2024. * The IPO opened for subscription on August 12 and will close on August 14.

Subscription and Allotment Details

* The IPO share allotment status will be announced after the subscription period ends. * Investors can check their allotment status on the website of the Registrar to the Issue, which will be updated regularly.

About Positron Energy Limited

* Positron Energy Limited is engaged in the management and technical advisory services of the oil and gas industry. * The company provides a range of services, including project management, engineering design, and construction supervision. * Positron Energy has a team of experienced professionals with a deep understanding of the oil and gas sector.

IPO Objectives

* The funds raised through the IPO will be used for the following purposes: * Expanding the company's operations * Investing in new technologies * Strengthening the company's financial position