Pentagon Rubber IPO Details ( Pentagon Rubber Limited IPO Review )
(26 Jun 2023 – 30 Jun 2023)
Founded in 2004, Pentagon Rubber Limited specializes in the production of Rubber Conveyor belts, Transmission belts, Rubber Sheets, and Elevator belts.
Situated in Dera Bassi, Punjab, a 25 km away from Chandigarh City, the manufacturing unit of Pentagon Rubber Limited boasts one of India’s most extensive conveyor belting presses. With an impressive production capacity of 21mtr in a single stroke, the unit can manufacture over 300 sq km of conveyor rubber belts annually.
The company prides itself on its state-of-the-art laboratory, adhering to international standards. It is equipped to manufacture conveyor belts in accordance with DIN, BS, IS, ISO, SABS, AS, GOST, and CAN standards.
Recognized for its excellence, Pentagon Rubber Limited has garnered several prestigious accolades from the All India Rubber Industries Association. These include the Export Merit Award, Special Domestic Sales Award, and Top Domestic Sales Award.
Pentagon Rubber Limited Company Product
- Rubber Conveyor belts
- Transmission belts
- Rubber Sheets
- Elevator belts
- General Purpose Belts
- Super Abrasion Belts
- Heat Resistance
- Fire Resistance
- Oil Resistance
- Pipe Conveyor Belts
- Chevron Conveyors
- Rubber Sheets
Pentagon Rubber Limited IPO Competitive Strength
- Leveraging the experience of our Promoter
- Existing client relationship
- Quality Assurance and Quality Control of our Products
- Customer satisfaction and revenues from long standing customer relationships
- Scalable Business Model
Pentagon Rubber IPO Financials Performance ( Results )
Pentagon Rubber Limited Financial Information ( Restated )
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 2,132.82 | 1,939.25 | 93.81 | 1.74 | 135.48 | 3.39 | -264.52 | 1,244.86 |
| 31-Mar-21 | 2,588.99 | 2,319.69 | 110.30 | 2.04 | 245.78 | 6.14 | -154.22 | 1,649.42 |
| 31-Mar-22 | 2,802.18 | 3,511.59 | 308.66 | 5.72 | 554.43 | 13.86 | 154.43 | 1,758.61 |
| 31-Dec-22 | 2,956.70 | 2,997.88 | 215.86 | 4.00 | 770.30 | 14.26 | 230.30 | 1,669.79 |
Objective of IPO Issue
- To meet working capital requirements
- General corporate expenses
Pentagon Rubber IPO Basic Details
| IPO Date | Jun 26, 2023 to Jun 30, 2023 |
| Listing Date | Monday, July 10, 2023 |
| Face Value | ₹10 per share |
| Price | ₹65 to ₹70 per share |
| Lot Size | 2000 Shares |
| 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 |
| Company Promoters | Mr. Ashish Jain, Mr. Anil Jain, Mr. Saurabh Jain And Mr. Lalit Jain |
Pentagon IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Pentagon Rubber IPO Timetable
Pentagon Rubber IPO will open on June 26, 2023 and close on June 30, 2023. You can join Pentagon Rubber IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 26 June 2023 (Monday) |
| Closing Date | 30 June 2023 (Friday) |
| Basis of Allotment | 5 July 2023 (Wednesday) |
| Initiation of Refunds | 6 July 2023 (Thursday) |
| Credit of Shares to Demat | 7 July 2023 (Friday) |
| Listing Date | 10 July 2023 (Monday) |
Pentagon Rubber IPO Lot Size
For retail investors in Pentagon Rubber IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹140,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹140,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹140,000 |
| Retail (Max) | 1 | 2000 | ₹140,000 |
| S-HNI (Min) | 2 | 4000 | ₹280,000 |
Pentagon Rubber IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 70.04% |
Pentagon Rubber IPO Valuation – FY2022
| Earning Per Share (EPS) | ₹5.72 per Equity Share |
| Price/Earning P/E Ratio | 18.76 |
| Return on Net Worth (RoNW) | 28.02% |
| Net Asset Value (NAV) | ₹13.86 per Equity Share |
| Upper Price/Book Value (Price/BV) Ratio | 4.91 |
Pentagon Rubber Ltd Key Performance Indicator
| KPI | Values |
| Market Cap (₹ Cr.) | 37.80 |
| P/E (x) | 18.76 |
| ROE (%) | 32.59 |
| ROCE (%) | 27.16 |
| Debt/Equity | 2.17 |
Pentagon Rubber Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Pentagon Rubber Limited | Standalone | 10 | 5.72 | 18.76 | 55.67 | 13.86 |
| Peer Group | ||||||
| Somi Conveyor Beltings Limited | Standalone | 10 | 1.46 | 25.51 | 2.67 | 54.52 |
| International Conveyors Limited | Standalone | 10 | 2.31 | 23.39 | 6.84 | 338.06 |
Pentagon Rubber IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 6 July 2023 | ₹42 | – | – |
| 5 July 2023 | ₹30 | – | – |
| 4 July 2023 | ₹30 | – | – |
| 3 July 2023 | ₹30 | – | – |
| 2 July 2023 | ₹30 | – | – |
| 1 July 2023 | ₹30 | – | – |
| 30 June 2023 | ₹25 | – | – |
| 29 June 2023 | ₹25 | – | – |
| 28 June 2023 | ₹28 | – | – |
| 27 June 2023 | ₹22 | – | – |
| 26 June 2023 | ₹24 | – | – |
| 25 June 2023 | ₹19 | – | – |
| 24 June 2023 | ₹16 | – | – |
| 23 June 2023 | ₹14 | – | – |
Pentagon Rubber IPO Detail Video:
Pentagon Rubber IPO Subscription Status (Bidding Detail)
The Pentagon Rubber IPO on June 30, 2023 at 7:29:00 PM was subscribed 106.20 times, with the retail category being subscribed 130.70 times, the NII (Non-Institutional Investor) category being subscribed 153.33 times and the QIB (Qualified-Institutional Buyers) category being subscribed 27.62 times.
| Category | Subscription |
| QIB | 27.62x |
| NII | 153.33x |
| Retail | 130.70x |
| Total | 106.20x |
Pentagon Rubber IPO Prospectus
Pentagon Rubber IPO Rating
| Our Rating | 2.5/5.0 |
Pentagon Rubber Company Contact Information
Pentagon Rubber Limited
Registered Office: Gulabgarh Road, Village Behra Dist. S.A.S. Nagar,
Derabassi, Mohali, Punjab- 140507, India
Tel. No.: +91-9816610646
Email: corporate@pentagonrubber.com
Website: www.pentagonrubber.com
Contact Person: Ms. Shubhi Kishore, Company Secretary and Compliance Officer
Our Promoters: Mr. Ashish Jain, Mr. Anil Jain, Mr. Saurabh Jain And Mr. Lalit Jain
Pentagon Rubber IPO Registrar
Link Intime India Private Limited
Registered Office: C-101, 1 Floor, 247 Park, L.B.S. Marg, Vikhroli (West),
Mumbai- 400083, Maharashtra, India
Tel. No.: +91-8108114949
Fax No.: +91-022-49186195
Email: pentagonrubber.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance Email: pentagonrubber.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Pentagon Rubber IPO Lead Manager
Beeline Capital Advisors Private Limited
Registered Office: 807, Phoenix, Opp. Girish Cold Drinks, Near Vijay Cross Roads,
Navrangpura, Ahmedabad -380009, Gujarat.
Tel. No.: +91-79-48405357, 48406357
Email: mb@beelinemb.com
Website: www.beelinemb.com
Investor Grievance Email: ig@beelinemb.com
Contact Person: Mr. Nikhil Shah
SEBI Registration No.: INM000012917
Pentagon Rubber IPO FAQs
What is the lot size of Pentagon Rubber IPO?
The total size of Pentagon Rubber IPO is ₹16.17 crores and this is a complete fresh Issue.
When will Pentagon Rubber IPO start?
Pentagon Rubber IPO will Open from 26 June 2023 and IPO will Close on 30 June 2023.
What is the open date of Pentagon Rubber IPO?
Pentagon Rubber IPO will open date from 26 June 2023.
What is the last date ( close date ) of Pentagon Rubber IPO?
Pentagon Rubber IPO will close from 30 June 2023.
What is the price band of Pentagon Rubber IPO?
Pentagon Rubber IPO price band is ₹65 to ₹70. ( Upper Price Band: ₹70, Lower Price Band: ₹65 )
What is the minimum amount required to apply for Pentagon Rubber IPO?
The minimum investment for retailers to apply for Pentagon Rubber IPO is ₹140,000 and the maximum investment is ₹140,000.
What is going on gray market premium of Pentagon Rubber IPO?
View gray market premium of Pentagon Rubber IPO by Clicking Here
How much is the GMP of Pentagon Rubber IPO?
Watch Pentagon Rubber IPO GMP Today: Click Here
What is the allotment date of Pentagon Rubber IPO?
The allotment date of Pentagon Rubber IPO is 5 July 2023.
How to check allotment status in Pentagon Rubber IPO?
To check the allotment status of Pentagon Rubber IPO, first of all go to the registrar website by clicking here, select your bad Pentagon Rubber IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Pentagon Rubber IPO?
The listing date of Pentagon Rubber IPO is 10 July 2023.
How much will be the listing gain in Pentagon Rubber IPO?
View listing gain of Pentagon Rubber IPO by Clicking Here
How much time Pentagon Rubber IPO is subscribed?
Total 106.20 times subscribed in Pentagon Rubber IPO out of which 130.70 times subscription was done in retail quota, 153.33 times subscription in NII quota and 27.62 times subscription in QIB quota.
How to apply for Pentagon Rubber IPO from Upstox?
Click Here to see how to apply for Pentagon Rubber IPO from Upstox. (step by step)
How to apply for Pentagon Rubber IPO from Zerodha?
Click Here to see how to apply for Pentagon Rubber IPO from Zerodha. (step by step)
How to apply for Pentagon Rubber IPO from Angle One?
Click Here to see how to apply for Pentagon Rubber IPO from Angle One. (step by step)
