Pentagon Rubber Ltd
Price Range
₹65 - ₹70
Min. Quantity
2,000
Closes on
30 June 2023
Min. investment
₹1,40,000/2,000 Shares
Pentagon Rubber Ltd IPO Timeline
Pentagon Rubber Limited was originally incorporated on April 26, 2004 as 'Pentagon Rubber Private Limited' with the Registrar of Companies, Punjab, H.P.& Chandigarh. Subsequently, the status of the Company was converted into Public Limited and the name was changed to 'Pentagon Rubber Limited' vide fresh Certificate of Incorporation on December 28, 2022 issued by the RoC, Chandigarh.
| Event | Date |
|---|---|
| Pentagon Rubber Ltd IPO Opening Date | 26 June 2023 |
| Pentagon Rubber Ltd IPO Closing Date | 30 June 2023 |
| Basis of Allotment | 5 July 2023 |
| Initiation of Refunds | 6 July 2023 |
| Credit of Shares to Demat | 7 July 2023 |
| Pentagon Rubber Ltd IPO Listing Date | 10 July 2023 |
Pentagon Rubber Ltd IPO Details
| Pentagon Rubber Ltd IPO Date | 26 June 2023 to 30 June 2023 |
| Pentagon Rubber Ltd IPO Face Value | ₹10 per share |
| Pentagon Rubber Ltd IPO Price | ₹65 to ₹70 per share |
| Pentagon Rubber Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹16.17 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹15.02 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Ashish Jain, Anil Jain, Saurabh Jain |
Pentagon Rubber Ltd IPO Lot Size
The Pentagon Rubber Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,40,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,40,000 |
| Maximum | 1 | 2,000 | ₹1,40,000 |
- Strengths
- Risks
- Opportunities
- Leveraging the experience of our Promoter.
- Existing client relationship.
- Quality Assurance and Quality Control of our Products.
- Customer satisfaction and revenues from long standing customer relationships.
- Scalable Business Model.
Company Financials
Pentagon Rubber Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 56.35 | 58.02 | 4.44 |
| 03-2023 | 32.45 | 43.22 | 3.10 |
| 03-2022 | 27.91 | 35.12 | 2.97 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet working capital requirement
- General corporate purposes
Pentagon Rubber Ltd IPO Promoter Holding
| Pre Issue Share Holding | 16.68% |
| Post Issue Share Holding | 11.68% |
Pentagon Rubber Ltd IPO Subscription Status (Bidding Detail)
The Pentagon Rubber Ltd IPO is subscribed 70.7576 times on 30 June 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 70.7576 |
Pentagon Rubber Ltd IPO Prospectus
Pentagon Rubber Ltd IPO Listing Date
| Listing Date | 7 July 2023 |
| BSE Script | 78825 |
| NSE Symbol | PENTAGON |
| Listing In | NSE - SME |
| ISIN | INE0ORS01017 |
| IPO Price | ₹70 |
| Face Value | ₹10 |
Company Contact Information
Gulabgarh Road Village BehraS A S Nagar Derabassi,Mohali-140507
Phone: 91-9816610646
Email: corporate@pentagonrubber.com
Website: https://pentagonrubber.com
Pentagon Rubber Ltd IPO Registrar
Pentagon Rubber Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
FAQ
What is the issue size of Pentagon Rubber Ltd IPO?
I have pre-applied for Pentagon Rubber Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.