Pentagon Rubber Limited
ListedSMEManufacturing · NSE
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.
Price Band
₹65 – ₹70
Issue Size
₹16.17 Cr
Lot Size
2000 shares
GMP
₹51
+72.9%
Est. Listing
₹121
at current GMP
Subscribed
106.27x
overall
Open
26 Jun 2023
Close
30 Jun 2023
Allotment
5 Jul 2023
Refund
6 Jul 2023
Demat Credit
7 Jul 2023
Listing
7 Jul 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Manufacturing segment
- •Price band established at ₹65 - ₹70 per equity share
- •Minimum bid lot is 2000 shares
- •Estimated listing target of ₹121 based on current grey market activity