Pentagon Rubber is a leading manufacturer of Rubber Conveyor belts, Transmission Belts, Rubber Sheets, and Elevator Belts. With its state-of-the-art manufacturing unit located in Dera Bassi, Punjab, the company has established itself as a top manufacturer in India. Learn more about Pentagon Rubber's IPO and its journey of success.
The IPO details of Pentagon Rubber are as follows: – IPO Dates: 26th to 30th June 2023 – Issue Price: To be announced – Fresh Issue: 2,310,000 shares – Offer For Sale: NIL – Total IPO Size: 2,310,000 shares – Minimum Bid (Lot Size): To be announced – Face Value: INR 10 per share – Retail Allocation: 35% – Listing On: NSE SME
Financial Performance: – FY 2020:Revenue: INR 1,933.03 lakhs Expenses: INR 1,840.01 lakhs Net Income: INR 93.81 lakhs – FY 2021:Revenue: INR 2,316.39 lakhs Expenses: INR 2,211.80 lakhs Net Income: INR 110.30 lakhs – FY 2022:Revenue: INR 3,502.65 lakhs Expenses: INR 3,195.59 lakhs Net Income: INR 308.66 lakhs – 9M FY 2023:Revenue: INR 2,996.12 lakhs Expenses: INR 2,684.91 lakhs Net Income: INR 215.86 lakhs
The important dates for Pentagon Rubber's IPO are as follows: – IPO Opening Date: 26th June 2023 – IPO Closing Date: 30th June 2023 – Finalization of Basis of Allotment: 5th July 2023 – Initiation of refunds: 6th July 2023 – Transfer of shares to demat accounts: 7th July 2023 – IPO Listing Date: 10th July 2023 – Opening Price on NSE SME: To be announced – Closing Price on NSE SME: To be announced