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Penta Gold Limited IPO (Penta Gold IPO) Detail

Mar 23, 2018 - Mar 27, 2018

Incorporated in 2012, Gujarat based Penta Gold Private Limited is a retailer, wholesaler and exporter of gold jewelry. The company has a retail outlet in Mumbai.

Penta Gold also exports products (gold jewellery studded with diamond) to overseas buyers in USA and UAE. Exports constituted more than 30.49%, 22.23% and 22.81% of its business for the 6 months period ended September 30, 2017; FY 2015-16 and FY 2016-17 respectively.

The Company was awarded the India SME 100 Award for being SME Achievers of 2015-16 for scoring in the Top 100 among 41832 nominations by India SME Forum in the overall evaluation of financial and non financial parameters.

The company has 9 full-time employees on its payroll.

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 7,660.11 6,381.97 5,878.04 4,822.13 5,068.27
Total Revenue 23,757.84 24,491.76 25,001.70 83,826.41 27,430.69
Profit After Tax 168.53 177.89 158.24 138.38 57.10

Objects of the Issue

The objects of the Issue are:
1. Augmenting additional working capital requirements
2. General Corporate Purpose
3. Meeting Issue Expenses

Penta Gold IPO Details

IPO Date Mar 23, 2018 to Mar 27, 2018
Listing Date Wednesday, April 25, 2018
Face Value ₹10 per share
Price ₹37 per share
Lot Size 3000 Shares
Issue Size3,600,000 shares of ₹10
(aggregating up to ₹13.32 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

The Promoter of the Company is Ketan M. Shroff. He holds 91,10,980 Equity Shares representing 99.85% of the pre-issue paid-up share capital of the Company.

Penta Gold IPO Lot Size

The Penta Gold IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹111,000).

Application Lots Shares Amount
Retail (Min) 1 3000 ₹111,000
Retail (Max) 1 3000 ₹111,000

Penta Gold IPO Review

This Company tried for its maiden IPO in September 2017, but was withdrawn. Its financial performance is not remarkable one. Prevalent dull sentiment for the sector following recent scam is also a concern. Hence cash surplus risk savvy investors may consider investment for long term.

Read detail review...


Penta Gold IPO Subscription Status (Bidding Detail)

The Penta Gold IPO is subscribed 0.59 times on Mar 27, 2018 5:00:00 PM. The public issue subscribed 0.16 times in the retail category, times in the QIB category, and 1.02 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII1.02
Retail0.16
Total0.59

Penta Gold IPO Prospectus

Penta Gold IPO Rating

18
1.8
Rating:Rated 1.8 stars
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Penta Gold IPO Listing Date

Listing Date Wednesday, April 25, 2018
BSE Script Code
NSE Symbol PENTAGOLD
Listing In
ISIN INE175Y01012
IPO Price ₹37 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
₹37.00
₹37.00
₹36.50
₹37.00
₹37.00

Company Contact Information

Penta Gold Limited
2224, Manek Chowk
Opp. Old Share Bazar
Ahmedabad-380 001
Phone: +91 79 2215 3555
Email: info@pentagold.in
Website: http://www.pentagold.in

Penta Gold IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/

Penta Gold IPO Review

Penta Gold IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Penta Gold IPO FAQs

Penta Gold IPO is a SME IPO of 3,600,000 equity shares of the face value of ₹10 aggregating up to ₹13.32 Crores. The issue is priced at ₹37 per share. The minimum order quantity is 3000 Shares.

The IPO opens on Mar 23, 2018, and closes on Mar 27, 2018.

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

The Penta Gold IPO opens on Mar 23, 2018 and closes on Mar 27, 2018.

Penta Gold IPO lot size is 3000 Shares and the minimum order quantity is .

You can apply in Penta Gold 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 IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Penta Gold IPO allotment status.

The Penta Gold IPO listing date is on Wednesday, April 25, 2018.
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Penta Gold IPO Message Board

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9 Comments

7. IPO GRUP |   Link |Mar 28, 2018 12:19:11 AM
KARDA GMP IS 15/17 OR PLUSH MINUSE ,????????????
6. DownriteVJ |   Link |Mar 27, 2018 4:46:56 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
Now such ipo should get such response only.
5. Ficpl |   Link |Mar 20, 2018 9:56:34 PM
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
Strictly avoid.

5.1. rajkot rajkot |   Link |Mar 27, 2018 4:12:52 PM
any particular logic for avoiding?
4. TOPS |   Link |Mar 23, 2018 4:38:40 PM
great company ,great LM ,GREAT PROMOTER -POOR INVESTOR

ONLY ONE APPLICATION ON DAY ONE

CONGRATULATIONS TO LM
4.1. Ketanppatel |   Link |Mar 24, 2018 12:54:50 AM
Pura tum hi bhar lo
3. TOPS |   Link |Mar 22, 2018 2:06:45 AM
great company ,great LM ,GREAT PROMOTER -POOR INVESTOR
2. Ketanppatel |   Link |Mar 20, 2018 11:52:12 PM
Dynamic cable kesa he
1. IPOANALYSIS |   Link |Mar 20, 2018 7:40:08 PM
THE SME CAME BACK LAST YEAR AND WAS HARDLY SUBSCRIBED AND MONEY WERE REFUNDED.
THE REASON LEAD MANAGER GIVE WAS SOME CASE OR INCORRECT DISCLOSURE IN PROSPECTUS.
NOW THEY ARE COMING AGAIN TO LOOT PUBLIC.

STAY AWAY FROM SUCH FRAUDS. ALSO THEY HAVE NOW INCREASED PRICE FROM 35 TO 37 RS. EVEN ON 35 RS IT GOT SUBSCRIBED 1 TIME. HOW HAS SEBI ALLOWED THEM TO COME AGAIN AND WHAT ABOUT PREVIOUS INVESTOR WHO APPLIED.