Pentagon Rubber Ltd SME

About  Pentagon Rubber Ltd SME

Pentagon Rubber Limited is a manufacturer of Rubber Conveyor Belt in India. The company is manufacturing Rubber Conveyor Belts, Transmission Belts & Rubber Sheets and exporting worldwide since 1969. They awarded with Export Merit Award, Special Domestic Sales Award, and Top Domestic Sales Award from the All India Rubber Industries Association.

IPO Objectives

• To meet working capital requirements, and
• General corporate expenses.

IPO Important Dates

IPO Open:              June 26, 2023

IPO Close:             June 30, 2023

IPO Size:               Approx. ₹16.17 Crores, 2,310,000 Equity Shares

Face Value:           ₹10 Per Equity Share

IPO Price Band:    ₹60 to ₹70 Per Equity Share

IPO Listing on:      NSE SME

Retail Quota:        35% of the net offer

  

why to invest in  Pentagon Rubber Ltd SME

higher confidence in the business of the company from the lenders, higher valuation of the company, increased credibility, and growth opportunities.

How to apply for ipo

• If you’re a new investor open AngelOne account using below link https://angel-one.onelink.me/Wjgr/mdg5dkm0 and begin your investment journey.

IPO - SWOT Analysis

Strengths and Opportunities

• Strong Annual EPS Growth
• Annual Net Profits improving for last 2 year
• Book Value per share improving for last 2 year

Weaknesses and Threats

• Company with high debt.