Pentagon Rubber Limited is engaged in manufacturing of Rubber Conveyor Belt, Transmission Belts, Rubber Sheets and Elevator Belts. The company is an ISO 9001:2015 Certified.
The manufacturing unit of Pentagon Rubber Limited 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 company to produce conveyor rubber belting up to 3150KN/m, making them one of the top manufacturers in India. The production capacity is over 300 sq km of conveyor rubber belt per year, and Pentagon Rubber has a modern laboratory of international standards that can produce conveyor belts as per DIN, BS, IS, ISO, SABS, AS, GOST, and CAN standards.
Over the years, the company bagged many prestigious Awards, which include Export Merit Award, Special Domestic Sales Awards and Top Domestic Sales Award from all India Rubber Industries association.
Pentagon Rubber IPO – Details
| IPO Opening Date | 26 June 2023 |
| IPO Closing Date | 30 June 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 23,10,000 Shares Worth ₹[] Crore Fresh Issue: 23,10,000 Shares Worth ₹[] Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹65 – ₹70 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Pentagon Rubber IPO – Date Schedule
| IPO Open Date | 26 June 2023 |
| IPO Close Date | 30 June 2023 |
| Basis of Allotment | 05 July 2023 |
| Initiation of Refund | 06 July 2023 |
| Credit of Shares to Demat Account | 06 July 2023 |
| IPO Listing Date | 07 July 2023 |
Pentagon Rubber IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 2000 | 1,40,000 |
| Retail (Maximum) | 1 | 2000 | 1,40,000 |
| HNI (Minimum) | 2 | 4000 | 2,80,000 |
Competitive Strengths
- Leveraging the experience of the company’s Promoter.
- Existing client relationship.
- Quality Assurance and Quality Control of the company’s Products.
- Customer satisfaction and revenues from long standing customer relationships.
- Scalable Business Model.
Company Promoters
- Mr. Anil Jain
- Mr. Lalit Jain
- Mr. Ashish Jain
- Mr. Saurabh Jain
Object Of The Issue
- To Meet Working Capital Requirement.
- General corporate purposes.
- Public Issue Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 19.39 | 18.40 | 0.93 |
| 31 March 2021 | 23.19 | 22.11 | 1.10 |
| 31 March 2022 | 35.11 | 31.95 | 3.08 |
| 31 December 2022 | 29.97 | 26.84 | 2.15 |
Pentagon Rubber IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 70.04% |
Pentagon Rubber IPO Prospectus
Company Contact Information
| Pentagon Rubber Limited Gulabgarh Road, Village Behra Dist. S.A.S. Nagar, Derabassi, Mohali, Punjab – 140507, India Phone: +91-9816610646 Email: corporate@pentagonrubber.com Website: www.pentagonrubber.com |
Pentagon Rubber IPO Registrar
| Link Intime India Private Limited Phone: +91-8108114949 Email: pentagonrubber.ipo@linkintime.co.in Website: www.linkintime.co.in |
Pentagon Rubber IPO Lead Manager(s)
| 1. Beeline Capital Advisors Private Limited |
Pentagon Rubber IPO FAQs
| What is Pentagon Rubber IPO? Pentagon Rubber IPO is a SME IPO. The issue is priced at ₹65 – ₹70 per equity share. The IPO is to be listed on NSE SME. |
| When Pentagon Rubber IPO will open? The IPO is to open on 26 June 2023 for QIB, NII and Retail Investors. |
| How to Pentagon Rubber IPO? You can apply Pentagon Rubber IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Pentagon Rubber IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Pentagon Rubber”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Pentagon Rubber IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Pentagon Rubber”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Pentagon Rubber IPO Size? Pentagon Rubber IPO size is ₹[] crores. |
| What is Pentagon Rubber IPO Price Band? Pentagon Rubber IPO Price Band is ₹65 – ₹70. |
| What is Pentagon Rubber IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,40,000 amount while the maximum bid is 2000 shares with ₹1,40,000. |
| What is the Pentagon Rubber IPO Allotment Date? Pentagon Rubber IPO allotment date is 05 July 2023. |
| What is the Pentagon Rubber IPO Listing Date? Pentagon Rubber IPO listing date is 07 July 2023. The IPO is to list on NSE SME. |
