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Penta Gold Limited IPO (Penta Gold IPO) Detail

March 23, 2018 - March 27, 2018

Penta Gold IPO is a fixed price issue of Rs 13.32 crores.

Penta Gold IPO bidding started from March 23, 2018 and ended on March 27, 2018. The shares got listed on NSE SME on April 25, 2018.

Penta Gold IPO price is ₹37 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹111,000.

Inventure Merchant Banker Services Pvt Ltd is the book running lead manager of the Penta Gold IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Penta Gold IPO RHP for detailed information.

Penta Gold IPO Details

IPO Date March 23, 2018 to March 27, 2018
Listing Date April 25, 2018
Face Value ₹10 per share
Price ₹37 per share
Lot Size 3000 Shares
Total Issue Size3,600,000 shares
(aggregating up to ₹13.32 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue9,125,000
Share holding post issue12,725,000
Market Maker portion180,000 shares

Penta Gold IPO Reservation

Penta Gold IPO offers 3,780,000 shares. 1,710,000 (45.24%) to NII, 1,710,000 (45.24%) to RII.

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Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered180,000 (4.76%)
Other Shares Offered1,710,000 (45.24%)
Retail Shares Offered1,710,000 (45.24%)
Other Shares Offered180,000 (4.76%)
Total Shares Offered3,780,000 (100%)

Penta Gold IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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

About Penta Gold Limited

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 (Penta Gold IPO Objectives)

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

Penta Gold IPO Review (May apply)

[Dilip Davda]  

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 March 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)
Other1.02
Retail0.16
Total0.59

Penta Gold IPO Prospectus

Penta Gold IPO Rating

18
1.8
Rating:Rated 1.8 stars
Vote Here ...

Penta Gold IPO Listing Details

Listing Date April 25, 2018
BSE Script Code
NSE Symbol PENTAGOLD
ISIN INE175Y01012
Final Issue Price ₹37 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹37.00
₹37.00
₹36.50
₹37.00
₹37.00

Check IPO Performance…

Penta Gold Limited Contact Details

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://kosmic.kfintech.com/ipostatus/

Penta Gold IPO - Buy or Not

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 March 23, 2018, and closes on March 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 March 23, 2018 and closes on March 27, 2018.

Penta Gold IPO lot size is 3000 Shares, and the minimum amount required is ₹111,000.

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, Nuvama, 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 April 25, 2018.
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Penta Gold IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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9 Comments

7. IPO GRUP |   Link |  Bookmark |March 28, 2018 12:19:11 AM
KARDA GMP IS 15/17 OR PLUSH MINUSE ,????????????
6. DownriteVJ |   Link |  Bookmark |March 27, 2018 4:46:56 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Now such ipo should get such response only.
5. Ficpl |   Link |  Bookmark |March 20, 2018 9:56:34 PM
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
Strictly avoid.

5.1. rajkot rajkot |   Link |  Bookmark |March 27, 2018 4:12:52 PM
any particular logic for avoiding?
4. TOPS |   Link |  Bookmark |March 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 |  Bookmark |March 24, 2018 12:54:50 AM
Pura tum hi bhar lo
3. TOPS |   Link |  Bookmark |March 22, 2018 2:06:45 AM
great company ,great LM ,GREAT PROMOTER -POOR INVESTOR
2. Ketanppatel |   Link |  Bookmark |March 20, 2018 11:52:12 PM
Dynamic cable kesa he
1. IPOANALYSIS |   Link |  Bookmark |March 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.