Pentagon Rubber Limited

Company Profile
Company Name Pentagon Rubber Limited
Open Date 26-06-2023
Close Date 30-06-2023
Exchange NSE SME
Lot Size 2000 shares
Issue Price ₹65 to ₹70 per share
Issue Size 23,10,000
Application Amount 1,40,000
Recommendation Risk_Averse - Should Wait Risk_Seekers - Should Apply
The company is in operation since 2004 and has a good track record of existence. Pentagon Rubber Limited is an ISO 9001:2015 and is engaged in the manufacturing of Rubber Conveyor Belts, Transmission Belts, Rubber sheets, and Elevator Belts. Their products are ever-evolving & continually perfected using the latest developments in raw materials. The manufacturing unit of Pentagon Rubber Limited is in Dera Bassi, Punjab. The company has installed one of the largest conveyor belting presses in India with a product capacity of 21mtr in a single stroke. This technology allows them to produce conveyor rubber belting up to 3150KN/m, making them one of the top manufacturers in India. The company has invested in top-of-the-line infrastructure and facilities to ensure the highest quality products. They have expanded their business relations across boundaries which has earned them a good clientele in many countries.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Dec-22
Total Assets 2,588.99 2,802.18 2,956.70
Net Assets 245.78 554.43 770.30
Total Borrowings 1,649.42 1,758.61 1,669.79
Total Revenue 2,319.69 3,511.59 2,997.88
Profit After Tax 110.30 308.66 215.86

Tentative Timeline

Opening Date 26-06-2023
Closing Date 30-06-2023
Basis of Allotment 05-07-2023
Initiation of Refunds 06-07-2023
Credit of Shares to Demat 07-07-2023
Listing Date 10-07-2023

Objects of the Issue

Funding working capital requirements of the Company.
Funding working capital requirements of their material subsidiary namely, Prov Foods Private Limited.
General Corporate Purposes.

Contact Information

Registered Office Gulabgarh Road, Village Behra Dist. S.A.S. Nagar, Derabassi, Mohali - 140507
Phone +91-9816610646
Email corporate@pentagonrubber.com
Website https://pentagonrubber.com/

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email pentagonrubber.ipo@linkintime.co.in
Website https://linkintime.co.in/

IPO Reservation

Shareholding Pattern

FAQs on the company IPO

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