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Penta Gold Ltd IPO (Penta Gold Limited IPO) Detail

Sep 4, 2017 - Sep 6, 2017

Incorporated in 2012, Penta Gold Ltd is engaged in wholesale distribution of jewelry, precious stones and metals, costume jewelry, watches, clocks, and silverware. They have a retail outlet in Mumbai.

They have retail outlet in Mumbai. PGL export products (gold jewellery studded with diamond) to overseas buyers and also sells to wholesalers domestically. The company primarily sells gold jewellery i.e. Chains, Rings, Bangles, Necklace, Mangalsutra, Bracelet, Earrings and other jewellery studded or non-studded with pearls, diamonds, American diamonds and other precious stones. Further, it also has product line of antique and kundan Jewellery and variety of Italian jewellery products which is famous for its machine designs and light weighted jewellery. PGL majorly procures required gold from various banks and also procures gold and precious stones from local markets

They also customize Jewellery for individual needs. They outsource manufacture of jewellery to various domestic corporate, local artisans and craftsmen. They supply raw material to the job workers who in turn take 7 to 10 days for manufacturing the Jewellery depending upon the size and design of the order.

Objects of the Issue

The objects of the Issue are:

1. Augmenting additional working capital requirements;
2. Meeting Issue Expenses.

Penta Gold Limited IPO Details

Penta Gold Limited IPO Date Sep 4, 2017 to Sep 6, 2017
Penta Gold Limited IPO Face Value ₹10 per share
Penta Gold Limited IPO Price ₹35 per share
Penta Gold Limited IPO Lot Size 4000 Shares
Issue Size3,268,000 shares of ₹10
(aggregating up to ₹11.44 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

The promoters of the company are:

1. Ketan M Shroff

Penta Gold Limited IPO Lot Size

The Penta Gold Limited IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹140,000).

Application Lots Shares Amount
Minimum 1 4000 ₹140,000
Maximum 1 4000 ₹140,000

IPO Notices

External Link

Issue withdrawal notice

Sept 12th 2017 - Company decided to withdrew the public issue.

Penta Gold Limited IPO Review

Considering track record and aggressive pricing of Penta Gold NSE SME IPO, there is no harm in giving this IPO a miss. Read detail review...


Penta Gold Limited IPO Subscription Status (Bidding Detail)

The Penta Gold Limited IPO is subscribed times on Sep 6, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII
Retail
Total

Penta Gold Limited IPO Prospectus

Penta Gold Limited IPO Rating

70
3.7
Rating:Rated 3.7 stars
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Company Contact Information

Penta Gold Ltd
2224 Manek Chowk,
Opp. Old Share Bazar,
Ahmedabad - 380001
Phone: + 91-79-22153555
Email: info@pentagold.in
Website: http://www.pentagold.in

Penta Gold Limited IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: pentagold.ipo@karvy.com
Website: https://karisma.kfintech.com/

Penta Gold Limited IPO Review

Penta Gold Limited IPO Recommendation Summary

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Members 0 0 0

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Penta Gold Limited IPO FAQs

Penta Gold Limited IPO is a SME IPO of 3,268,000 equity shares of the face value of ₹10 aggregating up to ₹11.44 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 4000 Shares.

The IPO opens on Sep 4, 2017, and closes on Sep 6, 2017.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Penta Gold Limited IPO opens on Sep 4, 2017 and closes on Sep 6, 2017.

Penta Gold Limited IPO lot size is 4000 Shares and the minimum order quantity is .

You can apply in Penta Gold Limited IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Penta Gold Limited IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Penta Gold Limited IPO allotment status.

The Penta Gold Limited IPO listing date is not yet announced. The tentative date of Penta Gold Limited IPO listing is [.].
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Penta Gold Limited IPO Message Board

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19 Comments

12. JANGID JAIPUR |   Link |Sep 15, 2017 2:06:25 PM
company withdraw ipo
11. STOCKT |   Link |Sep 14, 2017 9:54:48 AM
Anyone have any news. Is this sme cancelled or what?
11.1. abhilovee |   Link |Sep 14, 2017 6:04:24 PM
The money just got refunded. no other info.
10. Anuragims |   Link |Sep 13, 2017 9:45:57 PM
This message has been removed by a moderator.
10.1. STOCKT |   Link |Sep 13, 2017 10:21:57 PM
Strange looks like definite wrong allotment. Complain to sebi. I am also doing. I called karvy and they said can''t confirm the subs Ripton details so they have done incorrect allotment whereas subscription as per last update shows retail is not 1 time subscribed which should have been full allotment
9. STOCKT |   Link |Sep 13, 2017 5:54:07 PM
it is strange that even though it was not subscribed 1 time my money is released from the bank. this shows some incorrect in allotment or shares sidelined by hni . i will make complaint with sebi.
9.1. STOCKT |   Link |Sep 13, 2017 9:07:38 PM
WHICH BANK DID YOU APPLIED FROM,
IS IT ICICI BANK?
8. ShareView |   Link |Sep 13, 2017 2:03:24 PM
IPO Mentor IPO Mentor (900+ Posts, 1800+ Likes)
2:00 P.M Data

NSE+BSE

..QIB : 1.5175 x
....NII : 0.1036 x
....RII : 11.7400 x
Emp. : 2.0846 x
------------------------------
>>>> ..3 X
🙏👍
8.1. ShareView |   Link |Sep 13, 2017 2:12:59 PM
IPO Mentor IPO Mentor (900+ Posts, 1800+ Likes)
Sorry , it was for matrimony.
Admin sir please remove this post.
🙏👍
7. Kbgohil |   Link |Sep 12, 2017 7:49:14 PM
Lab hai allotment and listing date?
6. Hakimuddin lashkerwala |   Link |Sep 12, 2017 6:16:09 PM
Where is allotment date penta gold
5. Kbgohil |   Link |Sep 6, 2017 6:31:23 PM
Pashupaty cotton ka allotment and listing kab hai? Site?
4. STOCKT |   Link |Sep 6, 2017 4:12:04 PM
GOOD THAT HNI SUBSCRIPTION IS HIGH AND RETAIL IS LESS.
KEEP HOLDING AFTER ALLTOTMENT AS DIWALI IS NEAR AND STOCK SHOULD GIVE GOOD REWARDS TO LONG TERM HOLDERS

CHECK PERFORMANCE OF PATDIAM JEWELLERY AND VEERAM ORNAMENTS.

3. manohar pothula |   Link |Sep 4, 2017 6:46:17 PM
Hi All,

Can someone please guide how to apply for the Penta Gold IPO. I am not able to find this company in the list of SBI''s online IPO list.
2. neelam |   Link |Aug 31, 2017 12:27:06 PM
its really good, what ever a jewellery sector has to be doing this company is doing and he has all varity of products and even exports so i am interested to go with it
2.1. Kbgohil |   Link |Aug 31, 2017 9:19:17 PM
Nilam thanks for guidance
1. ketanerp |   Link |Aug 31, 2017 9:29:44 AM
Is it good to apply ? I am applying first time in sme ipo.

Expert any feedback ?