IPO Issue Details
Issue Price / Price Band₹37 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size36,00,000 shares (aggregating up to ₹13.32 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 23 Mar 2018
Subscription CloseTue, 27 Mar 2018
Anchor AllotmentThu, 22 Mar 2018
Basis of AllotmentMon, 02 Apr 2018
Initiation of RefundsTue, 03 Apr 2018
Credit of Shares to DematTue, 03 Apr 2018
Listing DateWed, 25 Apr 2018
UPI Mandate Deadline2018-03-27
Application & Investment Details
Retail — Min (1 Lots)₹1,11,000 — 3,000 shares
Retail — Max (13 Lots)₹1,443,000 (13 Lots)
HNI — Min (2 Lots)₹2,22,000 — 6,000 shares
Net Offer to Public34,20,000 shares (aggregating up to ₹12.65 Cr)
Reserved for Market Maker1,80,000 shares (aggregating up to ₹0.6660 Cr)
Pre-IPO Promoter Holding91,25,000 shares
Post-IPO Promoter Holding1,27,25,000 shares
About Penta Gold Ltd.
Incorporated in 2012, Gujarat based Penta Gold Private Limited is a retailer, wholesaler and exporter of gold jewelry. The company has a retail outlet in Mumbai.Penta Gold also exports products (gold jewellery studded with diamond) to overseas buyers in USA and UAE. Exports constituted more than 30.49%, 22.23% and 22.81% of its business for the 6 months period ended September 30, 2017; FY 2015-16 and FY 2016-17 respectively.The Company was awarded the India SME 100 Award for being SME Achievers of 2015-16 for scoring in the Top 100 among 41832 nominations by India SME Forum in the overall evaluation of financial and non financial parameters.The company has 9 full-time employees on its payroll.
Objects of the Issue
Penta Gold Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Augmenting additional working capital requirements
11.00
2
2 General Corporate Purposes
1.87
Shareholding & Lock-in
Pre-IPO Promoter Holding
91,25,000 shares
Post-IPO Promoter Holding
1,27,25,000 shares