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.

What is the current subscription status of Pentagon Rubber Limited IPO?

Pentagon Rubber Limited IPO has received a total subscription of 106.27 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

106.27x

Total Demand

QIB Multiplier

27.62x

Institutions & Funds

NII / HNI

153.68x

High Net-Worth

Retail (RII)

130.70x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 106.27x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	438,000	12,098,000	27.62x
NIB	330,000	50,716,000	153.68x
RETAIL	770,000	100,636,000	130.70x
Total	1,538,000	163,450,000	106.27x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 131.52x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	404	52,803	130.70x
HNIs (10L +)	3	461	153.68x
HNIs (2-10L)	12	1,844	153.68x
Total Applications	419	55,108	131.52x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is Pentagon Rubber Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Pentagon Rubber Limited IPO is ₹51 per equity share. Based on the upper price band of ₹65 to ₹70 per equity share, the estimated listing price is ₹121 (+72.9% expected listing gain).

What is the expected profit per lot for Pentagon Rubber Limited IPO?

With a lot size of 2000 shares and current GMP of ₹51, the expected profit per application lot is approx ₹1,02,000 (+72.9% gain). Minimum application cost is approx ₹1,40,000.

What is the issue size and price band for Pentagon Rubber Limited IPO?

The Pentagon Rubber Limited IPO aggregate issue size is ₹16.17 Crores with an equity price band set at ₹65 to ₹70 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,40,000.

How can I check Pentagon Rubber Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 106.27x (Retail: 130.70x, QIB: 27.62x, NII: 153.68x). You can track live multiples directly on our dedicated subscription page.

Where and when will Pentagon Rubber Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-07-05. Investors can verify status using PAN card or application number.

When is the listing date for Pentagon Rubber Limited IPO?

Pentagon Rubber Limited shares are scheduled to list on NSE on 2023-07-07.