Pentagon Rubber Ltd. (NSE SME)
June 26, 2023 – June 30, 2023
| Price | ₹65 - ₹70 |
| Premium | ₹51 |
|---|---|
| Lot size | 2000 |
| Allotment | Jul 5, 2023 |
| Listing | Jul 7, 2023 |
Pentagon Rubber Limited
Gulabgarh Road, Village Behra Dist.
S.A.S. Nagar, Derabassi,
Mohali - 140507
Phone: +91-9816610646
Email: corporate@pentagonrubber.com
Website: https://pentagonrubber.com/
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 4,38,000 | 1,20,98,000 | 27.62 |
| NIB | 3,30,000 | 5,07,16,000 | 153.68 |
| RETAIL | 7,70,000 | 10,06,36,000 | 130.7 |
| Total | 15,38,000 | 16,34,50,000 | 106.27 |
| Retail Apps | 50,318 | © IPO Premium | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 140000 | 0 |
| HNI | 2 | 4000 | 280000 | 0 |
Incorporated in 2004, Pentagon Rubber Limited manufactures Rubber Conveyor belts, Transmission belts, Rubber Sheets, and Elevator belts.
The manufacturing unit of Pentagon Rubber Limited is located in Dera Bassi, Punjab, 25 km from Chandigarh City. It has one of India's longest conveyor belting presses, with a production capacity of 21mtr in a single stroke. The production capacity of the manufacturing unit is over 300 sq km of conveyor rubber belts per year.
The company has a modern laboratory of international standards that can produce conveyor belts as per DIN, BS, IS, ISO, SABS, AS, GOST, and CAN standards.
The company has been awarded Export Merit Award, Special Domestic Sales Award, and Top Domestic Sales Award from the All India Rubber Industries Association.
Pentagon Rubber IPO Details
| Total Issue Size | 2,310,000 shares (aggregating up to ₹[.] Cr) |
| Fresh Issue | 2,310,000 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 116,000 shares Sunflower Broking |
Pentagon Rubber IPO Reservation
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
Company Financials
| Period Ended | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 | 31-Dec-22 |
|---|---|---|---|---|
| Total Assets | 2,132.82 | 2,588.99 | 2,802.18 | 2,956.70 |
| Total Revenue | 1,939.25 | 2,319.69 | 3,511.59 | 2,997.88 |
| Profit After Tax | 93.81 | 110.30 | 308.66 | 215.86 |
| Net Worth | 135.48 | 245.78 | 554.43 | 770.30 |
| Reserves and Surplus | -264.52 | -154.22 | 154.43 | 230.30 |
| Total Borrowing | 1,244.86 | 1,649.42 | 1,758.61 | 1,669.79 |