Business

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

Aug 10, 2024

PNN
Mumbai (Maharashtra) [India], August 10: Positron Energy Limited, one of the prominent player in the oil and Gas sector specializes in Management & Technical Advisory Services for the Oil and Gas Industry, successfully secured a capital infusion of Rs 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 Rs 250. This calculated pricing highlights the strong investor confidence in the company's prospects and its position in the market.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)

More news

Top 10 Indian Ethnic Wear Brands

New Delhi [India], January 11: Indian ethnic wear is known for its cultural influence and artistic expression. Ethnic wear is not just about the fabrics anymore but also showcases India's rich heritage. It has evolved over time to encompass and embrace trends, cultures, lifestyles and different occasions. Whether you are getting ready for a wedding or a formal event, the following top 10 Indian ethnic wear brands offer a wide range of options while ensuring unique craftsmanship and timeless elegance. Here is a deep dive into the finest names redefining ethnic fashion.

Jan 11, 2025