Positron Energy Limited procured Rs 14.58 Crore via Anchor Investors Prior to IPO Launch

Mumbai (Maharashtra) [India], August 10: Positron Energy Limited, one of the prominent player in theOil and Gas sector specializes in Management & Technical Advisory Services for the Oil and Gas Industry, successfully secured a capital infusion of ₹ 14.58 crore through anchor book process on August 09, just ahead of the company’s scheduled IPO launch. According to the exchange filing, 10 esteemed investors participated in the [...]

PNNPNN
Aug 10, 2024 - 12:53
 0
Positron Energy Limited procured Rs 14.58 Crore via Anchor Investors Prior to IPO Launch
Positron Energy Limited procured Rs 14.58 Crore via Anchor Investors Prior to IPO Launch

Mumbai (Maharashtra) [India], August 10: Positron Energy Limited, one of the prominent player in theOil and Gas sector specializes in Management & Technical Advisory Services for the Oil and Gas Industry, successfully secured a capital infusion of ₹ 14.58 crore through anchor book process on August 09, just ahead of the company’s scheduled IPO launch. According to the exchange filing, 10 esteemed investors participated in the anchor book offering. These notable investors include Bofa Securities Europe SA — ODI, NAV Capital VCC – NAV Capital Emerging Star Fund, Minerva Ventures Fund, Shine Star Build-Cap Pvt Ltd, Finavenue Capital Trust—Finavenue Growth Fund, Anubhuti Value Trust -Anubhuti Value Fund 2, Kingsman Wealth Fund PCC KIF -II, Craft Emerging Market Fund PCC- Elite Capital Fund, Matterhorn India Fund & Craft Emerging Market FundPCC-Citadel Capital Fund

Positron Energy Limited has allocated a total of 5,83,200 equity shares to these anchor investors, with each share priced at ₹ 250. This calculated pricing highlights the strong investor confidence in the company’s prospects and its position in the market.

Sr. No. Name of AnchorInvestor No. of Equity SharesAllocated No of Equity shares allocated as a % of anchor Investor portion Bid Price (₹per equity share) Total amount allocated (in ₹)
1 BOFA SECURITIES EUROPE SA — ODI 1,41,600 24.28% 250/- 3,54,00,000
2 NAV CAPITAL VCC – NAV CAPITAL EMERGING STAR FUND 1,20,000 20.58% 250/- 3,00,00,000
3 MINERVA VENTURES FUND 40,200 6.89% 250/- 1,00,50,000
4 SHINE STAR BUILD-CAP PVT LTD 40,200 6.89% 250/- 1,00,50,000
5 FINAVENUE CAPITAL TRUST-FINAVENUE GROWTH FUND 40,200 6.89% 250/- 1,00,50,000
6 ANUBHUTI VALUE TRUST – ANUBHUTI VALUE FUND 2 40,200 6.89% 250/- 1,00,50,000
7 KINGSMAN WEALTH FUND PCC KIF -II 40,200 6.89% 250/- 1,00,50,000
8 CRAFT EMERGING MARKET FUNDPCC- ELITE CAPITAL FUND 40,200 6.89% 250/- 1,00,50,000
9 MATTERHORN INDIA FUND 40,200 6.89% 250/- 1,00,50,000
10 CRAFT EMERGING MARKET FUNDPCC-CITADEL CAPITAL FUND 40,200 6.89% 250/- 1,00,50,000
  Total 5,83,200 100.00%   14,58,00,000

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

PNN (This is an unedited and auto-generated story from Syndicated News feed, Sangri Today Staff may not have modified or edited the content body)