Penta Gold IPO is set to make its debut on 23 March 18 with 13.32 cr is a retailer, wholesaler and exporter of gold jewelry.
Penta Gold IPO – overview
| IPO Dates | 23-27 March 18 |
| IPO Price | INR 37 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 3,600,000 shares (INR 13.32 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
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 the 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.
Objects of the Issue
1 Augmenting additional working capital requirements
2. General Corporate Purpose
3. Meeting Issue Expenses
Company Financials
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 7,660.11 | 6,381.97 | 5,878.04 |
| Total Revenue | 23,757.84 | 24,491.76 | 25,001.70 |
| Profit After Tax | 168.53 | 177.89 | 158.24 |
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 Lead Manager(s)
- Inventure Merchant Banker Services Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
