Pentagon Rubber Limited

LISTED

SME IPO · IPO Guide

Issue Price
₹65 – ₹70
Listed On
10 Jul 2023
Listing Price
₹130 (+85.71%)
Current Price LIVE
₹130 (+85.71%)
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Lot Size Calculator

Application Lots Shares Amount
Retail (Min) 1 2,000 ₹1,40,000
Retail (Max) 2 4,000 ₹2,80,000
S-HNI (Min) 3 6,000 ₹4,20,000
S-HNI (Max) 7 14,000 ₹9,80,000
B-HNI (Min) 8 16,000 ₹11,20,000

As per financials, Pentagon Rubber Limited has shown good results, RoNW is 55.67% and P/E is respectively 17.49 and 18.75 as per FY22 and annualised FY23 earnings, which looks fully priced. Company manufactures Rubber Conveyor belts, Transmission belts, Rubber Sheets, and Elevator belts, which is fragmented and highly competitive. Performance of BRLM is good. So we are giving SUBSCRIBE rating to this SME IPO, readers must consult a qualified financial advisor prior to making any actual investment decisions.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

💬 Community Discussion

2 Comments
  • V
    vaibhav 29 Jun 2023, 17:23
    Gmp kitna hai ? should we apply or jot ?
  • N
    nick 27 Jun 2023, 20:56
    @admin..when this ipo will closed, because tomorrow is trading day and tomorrow is third day for ipo, will it closes tomorrow?

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