Pentagon Rubber Limited IPO Date,GMP,Review, Price, Form, Lot Size & Allotment Details 2023

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Pentagon Rubber Limited IPO (Pentagon Rubber IPO) Detail

Pentagon Rubber Limited was founded in 2004 and produces conveyor belts, gearbox belts, rubber sheets and lift belts.

Pentagon Rubber Limited’s production facility is situated in Dera Bassi, Punjab, 25 kilometres from Chandigarh City. It boasts one of the longest conveyor belting presses in India, with a single stroke manufacturing capacity of 21 metres. The manufacturing facility has a yearly output capacity of about 300 sq km of conveyor rubber belts.

Conveyor belts meeting DIN, BS, IS, ISO, SABS, AS, GOST, and CAN standards can be produced by the company’s cutting-edge laboratory, which adheres to international standards.

The All India Rubber Industries Association has given the business the Export Merit Award, Special Domestic Sales Award, and Top Domestic Sales Award.

Pentagon Rubber IPO Details

IPO DateJun 26, 2023 to Jun 30, 2023
Listing Date[.]
Face Value₹10 per share
Price₹65 to ₹70 per share
Lot Size2000 Shares
Total Issue Size2,310,000 shares
(aggregating up to ₹16.17 Cr)
Fresh Issue2,310,000 shares
(aggregating up to ₹[.] Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Market Maker portion116,000 shares
Sunflower Broking

Pentagon Rubber IPO Reservation

QIB Shares OfferedNot more than 50.00% of the Net offer
NII (HNI) Shares OfferedNot less than 15.00% of the Offer
Retail Shares OfferedNot less than 35.00% of the Offer

Pentagon Rubber IPO Timetable (Tentative)

Pentagon Rubber IPO opens on Jun 26, 2023, and closes on Jun 30, 2023.

EventTentative Date
Opening DateMonday, 26 June 2023
Closing DateFriday, 30 June 2023
Basis of AllotmentWednesday, 5 July 2023
Initiation of RefundsThursday, 6 July 2023
Credit of Shares to DematFriday, 7 July 2023
Listing DateMonday, 10 July 2023
Cut-off time for UPI mandate confirmation5 PM on Jun 30, 2023

Pentagon Rubber IPO Lot Size

The Pentagon Rubber IPO lot size is 2000 shares.

ApplicationLotsSharesAmount
Retail (Min)12000₹140,000
Retail (Max)12000₹140,000
HNI (Min)24,000₹280,000
Lot Size Calculator

Pentagon Rubber IPO Promoter Holding

The promoters of the company are Mr. Anil Jain, Mr. Lalit Jain, Mr. Ashish Jain, and Mr. Saurabh Jain.

Pre Issue Share Holding100%
Post Issue Share Holding70.04%

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202,132.821,939.2593.81135.48-264.521,244.86
31-Mar-212,588.992,319.69110.30245.78-154.221,649.42
31-Mar-222,802.183,511.59308.66554.43154.431,758.61
31-Dec-222,956.702,997.88215.86770.30230.301,669.79
Amount in ₹ Lakhs

Objects of the Issue

The company intends to utilize the issue towards the funding of the following objects:

  1. meet working capital requirements, and
  2. General corporate expenses.

Pentagon Rubber IPO Prospectus

  •   ›  Pentagon Rubber IPO RHP

Pentagon Rubber IPO Rating

best rating of ipo in Pentagon rubber .

Company Contact Information

Pentagon Rubber Limited
Gulabgarh Road, Village Behra Dist.
S.A.S. Nagar, Derabassi,
Mohali – 140507
Phone: +91-9816610646
Email: corporate@pentagonrubber.com
Websitehttps://pentagonrubber.com/

Pentagon Rubber IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: pentagonrubber.ipo@linkintime.co.in
Websitehttps://linkintime.co.in/

Pentagon Rubber IPO Analysis

Pentagon Rubber IPO Recommendation Summary

Review BySubscribeNeutralAvoid
Brokers000
Members011

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Pentagon Rubber IPO Lead Manager(s)

  1. Beeline Capital Advisors Pvt Ltd (Past IPO Performance)

Lead Manager Reports

  • IPO Lead Manager Performance Summary
  • IPO Lead Manager Performance Tracker

Pentagon Rubber IPO Review & Recommendations

Pentagon Rubber IPO Review Summary

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Pentagon Rubber IPO Details

IPO OpenJun 26, 2023
IPO CloseJun 30, 2023
IPO Price₹65 – ₹70
Face Value₹10
IPO Size₹15.02 – 16.17 Cr
Listing AtNSE SME
Lot Size2000

Pentagon Rubber IPO Peer Comparison

Pentagon Rubber Limited peer comparison with similar listed entities. () (As on March 31, 2022)

Company NameEPS (Rs)NAV (per share) (Rs)P/E (x)RoNW (%)
EPS Basic
Pentagon Rubber Limited5.7213.8655.67
Somi Conveyor Beltings Limited1.4654.5225.512.67
International Conveyors Limited2.31338.0623.396.84


Pentagon Rubber IPO HNI Funding Cost Calculator

Pentagon Rubber IPO Shares to Apply By Amount Calculator

Enter the amount you would like to invest in Pentagon Rubber IPO and find how many shares you should apply. In an IPO, shares are applied in lots. This calculator helps you to find an exact number of shares to apply for the given amount.

Amount to Invest (Rs)
Lot Size (Shares)2000
Shares Issue Price (Rs)70
Find No. of Shares to Apply
Lots to Apply0
Shares to Apply0
Total Amount (Rs)0

Pentagon Rubber IPO Allotment Status Online

Pentagon Rubber IPO Schedule

Pentagon Rubber IPO opens on Jun 26, 2023, and closes on Jun 30, 2023.

EventDate
Opening DateJun 26, 2023
Closing DateJun 30, 2023
Basis of AllotmentJul 5, 2023
Initiation of RefundsJul 6, 2023
Credit of Shares to DematJul 7, 2023
Listing DateJul 10, 2023

Pentagon Rubber IPO Latest News Today

Pentagon pitches six steps to speed up foreign arms sales

The Pentagon wants to quicken the sluggish process of foreign military sales, in part by encouraging greater conversations with other countries about their defence requirements and increasing industry’s capacity to produce more military hardware.

Defence officials at the Pentagon released six recommendations on Tuesday for how the department intends to expedite foreign military sales. These recommendations also include streamlining the procedures for reviewing and releasing technology to allies and partner countries, finding ways to expedite the approval of non-programs of record cases, more clearly defining the process for prioritising and awarding foreign sales, and collaborating with the State Department, legislators, and other departments.

Pentagon Rubber IPO Gmp today.

Pentagon Rubber IPO Gmp upcoming display.

Explanation of Grey Market Premium in simple points:

  • Grey Market is an unofficial market for the Pre IPO.
  • GMP is premium per share.
  • Kostak is premium per application.
  • Sub 2 is premium for the allotted application.
  • As GMP is unofficial, thus there are no regulatory (No Rules and Regulations).
  • All transaction for GMP is done in cash.

When Pentagon Rubber IPO will open?

The Pentagon Rubber IPO opens on Jun 26, 2023 and closes on Jun 30, 2023.

When is Pentagon Rubber IPO allotment?

The finalization of Basis of Allotment for Pentagon Rubber IPO will be done on Wednesday, 5 July 2023, and the allotted shares will be credited to your demat account by Friday, 7 July 2023

What is Pentagon Rubber IPO allotment process?

The basis of allotment for Pentagon Rubber IPO is not yet made public by the registrar. We will update it on our website as soon as it is released.

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