Open Date

26 June 2023

30 June 2023


₹ 16.17 Cr

Close Date

Lot Size

IPO Size

Listing At


Listing Date

10 July 2023

Price Range

₹65 - ₹70  per share

Pentagon Rubber Limited manufactures Rubber Conveyor belts, Transmission belts, Rubber Sheets, and Elevator belts. The manufacturing unit of Pentagon Rubber Limited is located in Dera Bassi, Punjab, 25 km from Chandigarh City. It has one of India's longest conveyor belting presses, with a production capacity of 21mtr in a single stroke. The production capacity of the manufacturing unit is over 300 sq km of conveyor rubber belts per year.

The IPO comprises of a total issue 2,310,000 shares (aggregating up to ₹16.17 Cr)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: 1. To meet working capital requirements, and 2. General corporate expenses.

Pentagon Rubber IPO lot size is 2000 shares.

The allotment date of Pentagon Rubber IPO is set for 5th July, 2023.

 Beeline Capital Advisors Pvt Ltd is the book runner