Established in 2004, Pentagon Rubber Limited is a prominent manufacturer of Rubber Conveyor belts, Transmission belts, Rubber Sheets, and Elevator belts.
Situated in Dera Bassi, Punjab, just 25 km from Chandigarh City, Pentagon Rubber Limited operates a state-of-the-art manufacturing unit. Notably, the company boasts one of India’s longest conveyor belting presses, enabling a remarkable production capacity of 21mtr in a single stroke. With a manufacturing capacity exceeding 300 sq km of conveyor rubber belts annually, Pentagon Rubber Limited stands as a leader in the industry.
The company prides itself on its modern laboratory, built to international standards. Equipped to produce conveyor belts that adhere to prestigious international standards such as DIN, BS, IS, ISO, SABS, AS, GOST, and CAN, Pentagon Rubber Limited ensures the highest quality of its products.
Recognized for its excellence, Pentagon Rubber Limited has received numerous accolades from the All India Rubber Industries Association. These include the Export Merit Award, Special Domestic Sales Award, and Top Domestic Sales Award, further establishing the company’s commitment to delivering exceptional products and services.
Pentagon Rubber Limited continues to innovate and provide reliable solutions in the rubber manufacturing industry, catering to a wide range of applications and maintaining its position as a trusted provider of quality rubber products.
Pentagon Rubber Limited Stock Quote #
- Open: ₹120.40
- High – Low: ₹124.00 – ₹116.00
- Previous Close: ₹118.80
- Total Traded Value: 1,22,000
- Updated On: Jul 18, 2023 4:00 PM
IPO Details #
| IPO Date | Jun 26, 2023 to Jun 30, 2023 |
| Listing Date | Jul 7, 2023 |
| Face Value | ₹10 per share |
| Price | ₹65 to ₹70 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 2,310,000 shares (aggregating up to ₹16.17 Cr) |
| Fresh Issue | 2,310,000 shares (aggregating up to ₹16.17 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 5,400,000 |
| Share holding post issue | 7,710,000 |
| Market Maker portion | 116,000 shares Sunflower Broking |
IPO Reservation #
| Anchor Investor Shares Offered | 656,000 (28.40%) |
| Market Maker Shares Offered | 116,000 (5.02%) |
| QIB Shares Offered | 438,000 (18.96%) |
| NII (HNI) Shares Offered | 330,000 (14.29%) |
| Retail Shares Offered | 770,000 (33.33%) |
| Total Shares Offered | 2,310,000 (100%) |
IPO Timetable (Tentative) #
Pentagon Rubber IPO opens on Jun 26, 2023, and closes on Jun 30, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Monday, 26 June 2023 |
| Closing Date | Friday, 30 June 2023 |
| Basis of Allotment | Wednesday, 5 July 2023 |
| Initiation of Refunds | Thursday, 6 July 2023 |
| Credit of Shares to Demat | Friday, 7 July 2023 |
| Listing Date | Friday, 7 July 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jun 30, 2023 |
IPO Lot Size #
The Pentagon Rubber IPO lot size is 2000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹140,000 |
| Retail (Max) | 1 | 2000 | ₹140,000 |
| HNI (Min) | 2 | 4,000 | ₹280,000 |
| Lot Size Calculator | |||
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 Holding | 100% |
| Post Issue Share Holding | 70.04% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 2,132.82 | 1,939.25 | 93.81 | 135.48 | -264.52 | 1,244.86 |
| 31-Mar-21 | 2,588.99 | 2,319.69 | 110.30 | 245.78 | -154.22 | 1,649.42 |
| 31-Mar-22 | 2,802.18 | 3,511.59 | 308.66 | 554.43 | 154.43 | 1,758.61 |
| 31-Dec-22 | 2,956.70 | 2,997.88 | 215.86 | 770.30 | 230.30 | 1,669.79 |
| Amount in ₹ Lakhs | ||||||
Key Performance Indicator #
| KPI | Values |
|---|---|
| P/E (x) | 18.76 |
| Market Cap (₹ Cr.) | 53.97 |
| ROE | 32.59% |
| ROCE | 27.16% |
| Debt/Equity | 2.17 |
| EPS (Rs) | 3.83 |
| RoNW | 55.67% |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- To meet working capital requirements, and
- General corporate expenses.
IPO Subscription Status (Bidding Detail) #
The Pentagon Rubber IPO is subscribed 106.20 times on Jun 30, 2023 7:29:00 PM. The public issue subscribed 130.70 times in the retail category, 27.62 times in the QIB category, and 153.33 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 27.62 |
| NII | 153.33 |
| Retail | 130.70 |
| Total | 106.20 |
Total Application : 50,318 (130.70 times)
IPO Prospectus #
- Pentagon Rubber IPO DRHP
- Pentagon Rubber IPO RHP
- Anchor Investors in Pentagon Rubber IPO
IPO Listing Details #
| Listing Date | Jul 7, 2023 |
| BSE Script Code | |
| NSE Symbol | PENTAGON |
| ISIN | INE0ORS01017 |
| Final Issue Price | ₹70 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹70.00 |
| ₹130.00 |
| ₹123.50 |
| ₹130.00 |
| ₹123.50 |
Company Contact Information
Gulabgarh Road, Village Behra Dist.
S.A.S. Nagar, Derabassi,
Mohali – 140507
Phone: +91-9816610646
Email: corporate@pentagonrubber.com
Website: https://pentagonrubber.com/
IPO Registrar #
Phone: +91-22-4918 6270
Email: pentagonrubber.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
IPO Lead Manager(s) #
Frequently Asked Questions #
When is the opening and closing date of the Pentagon Rubber IPO? #
The Pentagon Rubber IPO opened on Jun 26, 2023, and closed on Jun 30, 2023.
What is the IPO price and face value of Pentagon Rubber shares? #
The IPO price of Pentagon Rubber shares is ₹70 per equity share, and the face value is ₹10 per share.
What is the lot size of Pentagon Rubber IPO? #
The lot size for Pentagon Rubber IPO is 2000 shares.
What is the IPO size of Pentagon Rubber? #
The Pentagon Rubber IPO size is 2,310,000 Equity Shares, aggregating up to ₹16.17 Crores.
In which stock exchange will the Pentagon Rubber shares be listed? #
The shares of Pentagon Rubber will be listed on the NSE SME stock exchange.
When will the Pentagon Rubber IPO allotment take place? #
The basis of allotment for the Pentagon Rubber IPO will be finalized on Jul 5, 2023.
How can I check the Pentagon Rubber IPO allotment status? #
To check the Pentagon Rubber IPO allotment status, you can use your PAN number on the BSE website or other IPO registrar’s website.
When will the refund process for Pentagon Rubber IPO begin? #
The initiation of refunds for the Pentagon Rubber IPO will start on Jul 6, 2023.
What is the expected listing date for Pentagon Rubber shares? #
The Pentagon Rubber IPO shares will be listed on Jul 7, 2023, on the NSE SME platform.
Are there any recommendations on whether to apply for Pentagon Rubber IPO shares? #
No, there are no specific IPO recommendations provided. Investors should evaluate various factors like company financials, market situation, and expert analysis before deciding to apply for Pentagon Rubber IPO shares.
How can I apply for the Pentagon Rubber IPO? #
Investors with a demat account can apply online through banks using ASBA or through a broker using UPI. Popular stockbrokers like Zerodha also offer online IPO applications.
Will the Pentagon Rubber IPO be oversubscribed? #
Yes, as per the latest subscription status, the Pentagon Rubber IPO is oversubscribed, with strong demand from both retail and institutional investors.
Please note that the above FAQs are based on the information provided, and you may want to cross-check any specific details or updates on the official IPO website or other reliable sources.
