Pentagon Rubber IPO

Pentagon Rubber IPO

DATE | SIZE | PRICE | DETAILS | REVIEW | GMP | LISTING GAIN | ALLOTMENT

Pentagon Rubber Limited was established in 2004. They make Rubber Conveyor belts, Transmission belts, Rubber Sheets, and Elevator belts. The factory of Pentagon Rubber Limited is located in Dera Bassi, Punjab, which is about 25 km from Chandigarh City. They have one of the largest conveyor belting presses in India. It can make 21 meters of conveyor rubber belts in one go. Every year, they can produce over 300 square kilometers of conveyor rubber belts.

Pentagon Rubber IPO

Competitive Strength

1. Leveraging the experience of our Promoter

2. Existing client relationship

3. Quality Assurance and Quality Control of our Products

4. Customer satisfaction and revenues from long standing customer relationships

5. Scalable Business Model

Pentagon Rubber IPO

Objective

2. General corporate purposes

1. To meet the Working Capital requirements

Pentagon Rubber IPO

Basic Details

IPO Date: Jun 26, 2023 to Jun 30, 2023 Price: ₹65 to ₹70 per share Lot Size: 2000 Shares Issue Size: ₹16.17 Cr Fresh Issue: ₹16.17 Cr Issue Type: Book Built Issue IPO Listing At: NSE SME

Pentagon Rubber IPO

Timetable

Pentagon Rubber IPO

Opening Date: June 26, 2023 Closing Date: June 30, 2023 Basis of Allotment: July 05, 2023 Initiation of Refunds: July 06, 2023 Credit of Shares to Demat: July 07, 2023 Listing Date: July 10, 2023 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied

Lot Size

Lot Size

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%

Promoter Valuation

Earning Per Share (EPS): ₹5.72 per Equity Share P/E Ratio: 18.76 Return on Net Worth (RoNW): 28.02% Net Asset Value (NAV): ₹13.86 Price/BV Ratio: 4.91

Pentagon Rubber IPO

Key Performance Indicator

Market Cap (₹ Cr.): 37.80 P/E Ratio: 18.76 Return on Equity (ROE) (%): 32.59 Return on Capital Employed (ROCE) (%): 27.16 Debt/Equity: 2.17

Note: The P/E ratio has been computed by dividing Issue Price with EPS

Pentagon Rubber IPO

Our Rating

2.5/5.0

For More Details

Pentagon Rubber IPO