June 26, 2023 - June 30, 2023

Pentagon Rubber IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Pentagon Rubber IPO.

Pentagon Rubber IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	0	0
%	0.00	100.00	0.00	0.00	0.00

Pentagon Rubber IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Pentagon Rubber IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company operates in a highly competitive and fragmented segment with many players. The sudden boost in its bottom line for FY22 onwards raises eyebrows and concern over sustainability in the future. Based on such super earnings, the issue appears fully priced. The small equity capital post-IPO indicates longer gestation period for migration to the mainboard. Well-informed/cash surplus risk seekers may apply in this fully priced IPO. Read detail review...

Pentagon Rubber IPO Peer Comparison

Pentagon Rubber Limited peer comparison with similar listed entities. () (As on March 31, 2022)

Company Name	EPS (Rs)	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Pentagon Rubber Limited	5.72	13.86		55.67
Somi Conveyor Beltings Limited	1.46	54.52	25.51	2.67
International Conveyors Limited	2.31	338.06	23.39	6.84

Notes:

Based on March 31, 2022, Restated financial statements.
Based on the Annual Report of Peer Group Companies.
Basic Earnings per share (EPS) is calculated on the weighted average number of shares after considering the Bonus Issue of Shares.

Pentagon Rubber IPO Review by Members

Pentagon Rubber IPO Reviews, analysis and views by popular members. Read Pentagon Rubber Limited IPO reviews by retail investors to find recommended ipo to buy.

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Pentagon Rubber IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	1	2
%	0.00	0.00	33.33	66.67

Member	Review
IPO LEADER IPO Mentor (800+ Posts, 400+ Likes)	Avoid High valuation June 18, 2023 6:04:27 PM
MRANKUR	Neutral I m the first today June 19, 2023 1:30:45 AM
Priyanka Meghwal	Avoid Not fancy as compared to a other SME and idea forge June 26, 2023 11:06:12 PM

Member

Review

IPO LEADER

IPO Mentor (800+ Posts, 400+ Likes)

Avoid

High valuation

June 18, 2023 6:04:27 PM

MRANKUR

Neutral

I m the first today

June 19, 2023 1:30:45 AM

Priyanka Meghwal

Avoid

Not fancy as compared to a other SME and idea forge

June 26, 2023 11:06:12 PM

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