Listed Price₹130.00
Listing Gain+85.71%
Price Band₹65 - ₹70
Lot Size2,000 shares
Min Bid₹1,40,000
Subscription106.27x
Listed Market Snapshot
₹130.00Listed price from market data
+85.71%listing gain
Issue Amount
₹16.17 Cr
Listed Price
₹130.00
Current Price
₹66
Registrar
Link Intime India Private Limited
Timeline•Book Built Issue IPO
Open26 Jun 2023
Close30 Jun 2023
Allotment05 Jul 2023
Listing07 Jul 2023
Quota Reservation Portions
RetailPortion: 7,70,000 shares
33.33%Nii(hni)Portion: 3,30,000 shares
14.29%QIBPortion: 10,94,000 shares
47.36%Market MakerPortion: 1,16,000 shares
5.02%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,40,000HNI2 lots / 4,000 shares
₹2,80,000About the Company
Pentagon Rubber Limited, incorporated in 2004, manufactures rubber products including conveyor belts, transmission belts, rubber sheets, and elevator belts. Its manufacturing facility is located in Dera Bassi, Punjab, 25 km from Chandigarh, and features one of India’s longest conveyor belting presses with an annual production capacity exceeding 300 sq km of conveyor rubber belts. The company operates a modern laboratory capable of producing conveyor belts that meet international standards such as DIN, BS, IS, ISO, SABS, AS, GOST, and CAN. Pentagon Rubber has been recognized with awards including the Export Merit Award, Special Domestic Sales Award, and Top Domestic Sales Award from the All India Rubber Industries Association.
Company Promoters
Mr. Anil JainMr. Lalit JainMr. Ashish JainSaurabh Jain
Lead Managers
Registrar
Link Intime India Private Limited