Issue Price
₹70
Per Share
GMP
NIL
Grey Market
Est. Listing
₹70
Expected Price
Min. Application
₹280,000
2 lots × 2000 shares
Incorporated in 2004, Pentagon Rubber Limited manufactures Rubber Conveyor belts, Transmission belts, Rubber Sheets, and Elevator belts.The manufacturing unit of Pentagon Rubber Limited is located in Dera Bassi, Punjab, 25 km from Chandigarh City. It has one of India's longest conveyor belting presses, with a production capacity of 21mtr in a single stroke. The production capacity of the manufacturing unit is over 300 sq km of conveyor rubber belts per year.The company has a modern laboratory of international standards that can produce conveyor belts as per DIN, BS, IS, ISO, SABS, AS, GOST, and CAN standards.The company has been awarded Export Merit Award, Special Domestic Sales Award, and Top Domestic Sales Award from the All India Rubber Industries Association.
Pentagon Rubber Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 116,000 | — | ₹0.81 Cr | — |
| TOTAL | 2,310,000 | 100.00% | ₹16.17 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| sNII (Min) | 14 | 28,000 | ₹1,960,000 |
| bNII (Min) | 68 | 136,000 | ₹9,520,000 |
| Particulars | 31-Dec-22 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 2997.88 | 3511.59 | 2319.69 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 215.86 | 308.66 | 110.30 |
| Net Worth | 770.30 | 554.43 | 245.78 |
| Total Assets | 2956.70 | 2802.18 | 2588.99 |
| Reserves & Surplus | 230.30 | 154.43 | -154.22 |
| Total Borrowings | 1669.79 | 1758.61 | 1649.42 |