Pentagon Rubber Limited IPO (Pentagon Rubber IPO)

Pentagon Rubber Limited IPO
Upcoming Pentagon Rubber IPO | New Pentagon Rubber IPO

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

Pentagon Rubber IPO – Details

IPO Opening Date26 June 2023
IPO Closing Date30 June 2023
Issue TypeBook Built Issue IPO
Issue Size23,10,000 Shares Worth ₹[] Crore
Fresh Issue: 23,10,000 Shares Worth ₹[] Crore
Face Value₹10 per equity share
IPO Price₹65 – ₹70
Market Lot2000 Shares
Min Order2000 Shares (1 Lot)
Listing AtNSE SME
RegisterLink Intime India Private Limited
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Pentagon Rubber IPO – Date Schedule

IPO Open Date26 June 2023
IPO Close Date30 June 2023
Basis of Allotment05 July 2023
Initiation of Refund06 July 2023
Credit of Shares to Demat Account06 July 2023
IPO Listing Date07 July 2023

Pentagon Rubber IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)120001,40,000
Retail (Maximum)120001,40,000
HNI (Minimum)240002,80,000

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.
Pentagon Rubber IPO
Object Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 202019.3918.400.93
31 March 202123.1922.111.10
31 March 202235.1131.953.08
31 December 202229.9726.842.15
Amount in ₹ Crore

Pentagon Rubber IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding70.04%

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

Pentagon Rubber IPO Registrar

Link Intime India Private Limited

Phone: +91-8108114949

Pentagon Rubber IPO Lead Manager(s)

1. Beeline Capital Advisors Private Limited

Pentagon Rubber IPO FAQs

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.
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