Pentagon Rubber IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in Mohali and caters to Rubber sector. Beeline Capital Advisors is the merchant banker of Pentagon Rubber IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 17th March 2023.
Pentagon Rubber IPO open date is 26th June 2023 and close date is 30th June 2023. IPO Allotment Date is 5th July 2023 and Listing date is 7th July 2023.Pentagon Rubber IPO size is ₹ 16.17 Cr. with IPO price of ₹ 70.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Pentagon Rubber IPO. Link Intime India Private Limited is the Registrar and Market Maker is Sunflower Broking Private Limited for Pentagon Rubber IPO.
Pentagon Rubber IPO anchor investors are the below investors. The number of anchor investors in this IPO is 2.
Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
---|---|---|---|
Nav Capital Vcc | 370,000.00 | ₹ 70.00 | ₹ 25,900,000.00 |
Minerva Ventures Fund | 286,000.00 | ₹ 70.00 | ₹ 20,020,000.00 |
Pentagon Rubber IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Pentagon Rubber IPO, based in Mohali, operates in the Rubber sector with a focus on Manufacturing of Rubber Conveyor Belt. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Pentagon Rubber IPO size is ₹ 16.17 Cr. with fresh issue size of ₹ 16.17 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Pentagon Rubber IPO is expected to be 5th July 2023, after the finalization of basis of allotment. Investors can check Pentagon Rubber IPO allotment status on the registrars website, Link Intime India Private Limited. Pentagon Rubber IPO refund dates are 6th July 2023.
Pentagon Rubber IPO is expected to be listed on 7th July 2023.
The upper price band for the Pentagon Rubber IPO is set at ₹ 70.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Pentagon Rubber IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Pentagon Rubber IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 30th June 2023. After submission, funds are blocked until the basis of allotment of Pentagon Rubber IPO is finalised.
The merchant banker for Pentagon Rubber IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Pentagon Rubber IPO RHP for further details.
The registrar for Pentagon Rubber IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Pentagon Rubber IPO through their official website or helpline.
Pentagon Rubber IPO was subscribed 106.20 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Pentagon Rubber IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Pentagon Rubber Financial Review Page
Merchant Banker(s) of Pentagon Rubber IPO: Beeline Capital Advisors Private Limited
Pentagon Rubber IPO subscription was 106.20 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Pentagon Rubber IPO listed at a listing price of 130.00 against the offer price of 70.00.
The current market price of Pentagon Rubber is 71.80.
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