Penta Gold IPO

Penta Gold IPOBusiness description - Penta Gold is a retailer, wholesaler and exporter of gold jewellery. It has a retail outlet in Mumbai. It also exports its products (gold jewellery studded with diamond) to overseas buyers. The company also sells its products to wholesalers domestically. It 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, the company also has product line of antique and kundan Jewellery. Further, it also has variety of Italian jewellery products which is famous for its machine designs and light weighted jewellery.

Promoters of Penta Gold – Ketan M Shroff
Penta Gold IPO details
Subscription Dates 23 - 27 March 2018
IPO Price band INR37 per share
Fresh issue 3,600,000 shares (INR13.32 crore)
Offer for sale Nil
Total IPO size 3,600,000 shares (INR13.32 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Working Capital Requirement - INR11.00 crore
  • General Corporate Purposes - INR1.87 crore
  • Issue Expenses - INR0.45 crore
Penta Gold's financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 6M FY2018
Total revenue 274.3 838.3 250.0 244.9 237.6 110.5
Total expenses 273.0 834.5 244.6 238.4 230.6 106.4
Profit after tax 0.6 1.4 1.6 1.8 1.7 1.3
Penta Gold's Contact Details

Penta Gold Limited
30, 1st Floor, Champa Gully,
Zaveri Bazar,
Mumbai – 400 002

Phone: +91 22 2240 2255
Email: [email protected]

Penta Gold IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.00
Day 2 0.06
Day 3 0.56
Penta Gold Valuation (Latest FY)

Earnings Per Share (EPS): INR1.85

Price/Earnings (P/E) ratio: 20.00

Return on Net Worth (RONW): 10.70

Net Asset Value (NAV): INR17.26 per share

Registrar of Penta Gold IPO

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 
 +91 40 2343 1551 
 [email protected]

Penta Gold IPO Allotment Status

Penta Gold IPO allotment status will be available on Karvy Computershare’s website. Click on this link to get allotment status.

Listing performance of Penta Gold

IPO Opening Date: 23 March 2018

IPO Closing Date: 27 March 2018

Listing Date: To be updated

Listing Price on NSE SME: To be updated

Closing Price on NSE SME: To be updated

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