Business description – Penta Gold is a retailer, wholesaler and exporter of gold jewellery. It has a retail outlet in Mumbai. It also exports its products (gold jewellery studded with diamond) to overseas buyers. The company also sells its products to wholesalers domestically. It primarily sells gold jewellery i.e. Chains, Rings, Bangles, Necklace, Mangalsutra, Bracelet, Earrings and other jewellery studded or non-studded with pearls, diamonds, American diamonds and other precious stones. Further, the company also has product line of antique and kundan Jewellery. Further, it also has variety of Italian jewellery products which is famous for its machine designs and light weighted jewellery.
Promoters of Penta Gold – Ketan M Shroff
| Penta Gold IPO details | |
| Subscription Dates | 23 – 27 March 2018 |
| IPO Price band | INR37 per share |
| Fresh issue | 3,600,000 shares (INR13.32 crore) |
| Offer for sale | Nil |
| Total IPO size | 3,600,000 shares (INR13.32 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
Use of funds
- Working Capital Requirement – INR11.00 crore
- General Corporate Purposes – INR1.87 crore
- Issue Expenses – INR0.45 crore
| Penta Gold’s financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 6M FY2018 | |
| Total revenue | 274.3 | 838.3 | 250.0 | 244.9 | 237.6 | 110.5 |
| Total expenses | 273.0 | 834.5 | 244.6 | 238.4 | 230.6 | 106.4 |
| Profit after tax | 0.6 | 1.4 | 1.6 | 1.8 | 1.7 | 1.3 |
Penta Gold’s Contact Details
Penta Gold Limited
30, 1st Floor, Champa Gully,
Zaveri Bazar,
Mumbai – 400 002
Phone: +91 22 2240 2255
Email:Â [email protected]
Website:Â www.pentagold.in
Penta Gold IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.00 |
| Day 2 | 0.06 |
| Day 3 | 0.56 |
Penta Gold Valuation (Latest FY)
Earnings Per Share (EPS): INR1.85
Price/Earnings (P/E) ratio: 20.00
Return on Net Worth (RONW): 10.70
Net Asset Value (NAV): INR17.26 per share
Registrar of Penta Gold IPO
Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone:Â +91 40 6716 2222Â
Fax:Â +91 40 2343 1551Â
Email:Â [email protected]
Website:Â www.karvycomputershare.com
Penta Gold IPO Allotment Status
Penta Gold IPO allotment status will be available on Karvy Computershare’s website. Click on this link to get allotment status.
Listing performance of Penta Gold
IPO Opening Date: 23 March 2018
IPO Closing Date: 27 March 2018
Listing Date: To be updated
Listing Price on NSE SME: To be updated
Closing Price on NSE SME: To be updated
