Pentagon Rubber IPO Description – Incorporated in 2004, Pentagon Rubber manufactured Rubber Conveyor belts, Transmission Belts, Rubber Sheets, and Elevator Belts. The manufacturing unit of Pentagon Rubber is located in Dera Bassi, Punjab, which is 25 kms from Chandigarh City. The company has installed one of the longest conveyor belting presses in India, with a production capacity of 21mtr in a single stroke. This technology allows the company to produce conveyor rubber belting up to 3150KN/m, making it one of the top manufacturers in India.
The production capacity is over 300 sq km of conveyor rubber belts per year, and it 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 a complete QAP & QC system that is followed in its manufacturing process, which includes rigorous and complete testing of in-process belts and finished belts.
As on 30 September 2022, Pentagon Rubber has 65 employees including directors on payroll.
Promoters of Pentagon Rubber – Mr. Ashish Jain, Mr. Anil Jain, Mr. Saurabh Jain and Mr. Lalit Jain
Table of Contents
Pentagon Rubber IPO Details
| Pentagon Rubber IPO Dates | 26 – 30 June 2023 |
| Pentagon Rubber Issue Price | INR 65 – 70 per share |
| Fresh issue | 23,10,000 shares (INR 15.02 – 16.17 crores) |
| Offer For Sale | NIL |
| Total IPO size | 23,10,000 shares (INR 15.02 – 16.17 crores) |
| Minimum bid (lot size) | 2,000 (INR 140,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Pentagon Rubber Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 | 9M FY 2023 |
| Revenue | 1,933.03 | 2,316.39 | 3,502.65 | 2,996.12 |
| Expenses | 1,840.01 | 2,211.80 | 3,195.59 | 2,684.91 |
| Net income | 93.81 | 110.30 | 308.66 | 215.86 |
Pentagon Rubber Offer News
- Pentagon Rubber RHP
- Pentagon Rubber Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Pentagon Rubber Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 1.74 | 2.04 | 5.72 |
| PE ratio | – | – | 11.36 – 12.24 |
| RONW (%) | 69.24 | 44.88 | 55.67 |
| NAV | 3.39 | 6.14 | 13.86 |
| ROCE (%) | 25.25 | 25.20 | 31.39 |
| EBITDA (%) | 10.64 | 9.90 | 12.02 |
| Debt/Equity | 9.19 | 6.71 | 3.17 |
Pentagon Rubber IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 6 July 2023 | 30 | – | 30,000 |
| 5 July 2023 | 30 | – | 30,000 |
| 4 July 2023 | 33 | – | 30,000 |
| 3 July 2023 | 30 | – | 30,000 |
| 1 July 2023 | 30 | – | 32,000 |
| 30 June 2023 | 25 | – | 35,000 |
| 26 June 2023 | 20 | – | 35,000 |
| 24 June 2023 | 17 | – | 27,000 |
| 23 June 2023 | 10 | – | 17,000 |
| 22 June 2023 | 5 | – | 6,000 |
| 21 June 2023 | 5 | – | – |
Pentagon Rubber IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 438,000 | 446,000 | 770,000 | 1,654,000 |
| 30 Jun 2023 | 27.62 | 113.71 | 130.70 | 98.82 |
| 28 Jun 2023 | 8.65 | 9.22 | 40.68 | 23.71 |
| 27 Jun 2023 | 8.28 | 4.26 | 19.92 | 12.61 |
| 26 Jun 2023 | 4.74 | 0.85 | 5.24 | 3.93 |
Pentagon Rubber IPO Allotment Status
Pentagon Rubber IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Pentagon Rubber IPO Dates & Listing Performance
| IPO Opening Date | 26 June 2023 |
| IPO Closing Date | 30 June 2023 |
| Finalization of Basis of Allotment | 5 July 2023 |
| Initiation of refunds | 6 July 2023 |
| Transfer of shares to demat accounts | 7 July 2023 |
| IPO Listing Date | 7 July 2023 |
| Opening Price on NSE SME | INR 130 per share (up 85.71%) |
| Closing Price on NSE SME | INR 123.50 per share (up 76.43%) |
Pentagon Rubber Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
807, Phoenix, Opp. Girish Cold Drinks,
Near Vijay Cross Roads, Navrangpura, Ahmedabad -380009
Phone: +91-79-4840 5357, 48406357
Email:Â [email protected]
Website:Â www.beelinemb.com
Pentagon Rubber Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park,
Lal Bahadur Shastri Marg, Vikhroli (West),
Mumbai, Maharashtra, India – 400 083
Phone:Â +91-8108114949
Email:Â [email protected]
Website:Â www.linkintime.co.in
Pentagon Rubber Contact Details
PENTAGON RUBBER LIMITED
Gulabgarh Road, Village Behra Dist. S.A.S. Nagar,
Derabassi, Mohali, Punjab- 140507, India
Phone: +91-9816610646
E-mail: [email protected]
Website: www.pentagonrubber.com
IPO FAQs
What is Pentagon Rubber IPO offer size?
Pentagon Rubber offer size is INR 15.02 – 16.17 crores.
What is the Pentagon Rubber offer price band?
Pentagon Rubber public offer price is INR 65 – 70 per share.
What is the lot size of the Pentagon Rubber public offer?
Pentagon Rubber offer lot size is 2,000 shares.
What is Pentagon Rubber IPO GMP today?
Pentagon Rubber IPO GMP today is INR 30 per share.
What is Pentagon Rubber kostak rate today?
Pentagon Rubber kostak rate today is NA per application.
What is Pentagon Rubber Subject to Sauda rate today?
Pentagon Rubber Subject to Sauda rate today is INR 30,000 per application.
