Pentagon Rubber
June 26, 2023 – June 30, 2023
| Price | ₹65 - ₹70 |
| GMP Rumors * | ₹51 |
|---|---|
| Lot size | 2000 |
| Issue size | ₹16.17 cr |
| Allotment | Jul 5, 2023 |
| Listing | Jul 7, 2023 |
Live Rate
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| P/E Ratio |
Pentagon Rubber Listing Price
| Exchange | Listing Price | Gain/Loss | % |
|---|---|---|---|
| NSE | ₹130.00 | +₹60.00 | +85.71% |
Pentagon Rubber Subscription
| 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 | |
Pentagon Rubber Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 2000 | 140000 | 0 |
Pentagon Rubber Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 438000 | 28.48% |
| HNI | 330000 | 21.46% |
| INDIVIDUAL | 770000 | 50.07% |
| Total | 1538000 | 100% |
Pentagon Rubber About

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 |
Strength
Weakness
Pentagon Rubber Latest Announcements
| Date | Subject | Attachment Text |
|---|
Pentagon Rubber Financial Results
Pentagon Rubber Lead Manager(s)
Pentagon Rubber Address
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/
Pentagon Rubber Registrar
MUFG Intime India Private Limited (Link Intime)
Link Intime India Private Ltd
C 101, 247 Park,
L.B.S.Marg Vikhroli (West),
Mumbai - 400083