What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Pentagon Rubber Limited IPO allotment date?

The basis of allotment for Pentagon Rubber Limited IPO is scheduled to be finalized on 5 Jul 2023.

Where can I check Pentagon Rubber Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 6 Jul 2023.

Pentagon Rubber Limited

ListedSME

Manufacturing · 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

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

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Pentagon Rubber Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

5 Jul 2023

Basis finalization

Refunds Initiate

6 Jul 2023

Mandate release

Demat Credit

7 Jul 2023

Shares in demat

Listing Debut

7 Jul 2023

Trading begins

How to Check Pentagon Rubber Limited IPO Allotment Status

Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
Select Pentagon Rubber Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Pentagon Rubber Limited Public Issue & Market Profile

Pentagon Rubber Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹16.17 Crores. The shares are offered at a price band of ₹65 to ₹70 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-07-07, while un-allotted funds or UPI block mandates will be released on 2023-07-06.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.