Initial public issue of 23,10,000 equity shares of face value of Rs. 10/- each of Pentagon Rubber Limited ("Pentagon" or "The Company") for cash at a price of Rs. 70/- per equity share (including a share premium of Rs. 60/- per equity share) ("Issue Price") aggregating to Rs. 16.17 crores, of which 1,16,000 equity shares of face value of Rs. 10/- each at a price of Rs. 70/- aggregating to Rs. 0.81 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion") and net issue to public of 21,94,000 equity shares of face value of Rs. 10/- each at a price of
Rs. 70/- aggregating to Rs. 15.36 crores (hereinafter referred to as the "Net Issue") the issue and the net issue will constitute 29.96% and 28.46% respectively of the post issue paid up equity share capital of the company.
Issue Price: Rs. 70 per equity shares of face value Rs. 10 each.
The issue price is 7 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
26-Jun-2023
30-Jun-2023
₹ 70.00
₹ 0.00
Minimum Application for shares in Nos : 2000.0
Further Multiples of : 2000.0