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Pentagon Rubber

Pentagon Rubber

smelisted
Registrar: Link Intime India Private Limited · Listing 2023-07-10
IPO Timeline
Today · 20 Oct 2026
Opens
26 Jun 2023
Closes
30 Jun 2023
Allotment
28 Jun 2023
Refund
06 Jul 2023
Demat
05 Jul 2023
Listing
10 Jul 2023
Price Band
₹65–70
GMP
₹0
0%
Lot Size
2000 Shares
Min ₹140,000
Subscription
0x
Issue Size
₹16.17 Cr
Open
2023-06-26
Close
2023-06-30
Listing
2023-07-10

About the company

## **About Pentagon Rubber IPO:** Incorporated in 2004, Pentagon Rubber manufacturers Rubber Conveyor Belt, Transmission Belts, Rubber Sheets and Elevator Belts. The company has a manufacturing unit in Punjab with a total production capacity of over 300 sq km of conveyor rubber belt per year. Pentagon Rubber is now coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised to meet the working capital requirement and for general corporate purposes. ## **Here are key details about the Pentagon Rubber IPO:** Company Name| Pentagon Rubber |  | Company Type| Private ---|---|---|---|--- IPO Type|SME|

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 10 Jul 2023
      Listed 1198 days ago
      1. IPO Opens

        Completed
        26 Jun 2023

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        30 Jun 2023

        Last day to place your bid

      3. Basis of Allotment

        Completed
        28 Jun 2023

        Share allotment finalised

      4. Refund Initiation

        Completed
        06 Jul 2023

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        05 Jul 2023

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        10 Jul 2023

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      2000 shares
      Price / Share (upper)
      ₹70
      Min Investment (1 lot)
      ₹140,000
      Price Band
      ₹65–70
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      2000
      Min amount
      ₹140,000
      Max amount
      ₹140,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      4000
      Min amount
      ₹280,000
      Max amount
      ₹280,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹8.09 Cr
      Shares offered
      1,197,778
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹2.43 Cr
      Shares offered
      359,333
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹5.66 Cr
      Shares offered
      838,445
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).