#pantomath

Pantomath Group believes in the importance of ensuring safe and comfortable working conditions for all employees. Our women friendly work culture policy ensures protection against sexual harassment. Not only is it encouraged to report harassment here, but also protected by law. We also encourage employees to report and correct improper behaviour. Employees who create a hostile or offensive environment should be disciplined according to our company policies. Although we believe in freedom of speech, we do not allow our employees to harass or bully other employees.

Pantomath Group had recently conducted mandatory virtual training program to train employees about “Prevention of Sexual harassment at workplace”. Over 100 employees across India had participated in the training.

The company has implemented this Policy to prevent acts of sexual harassment and has constituted an Internal Complaints Committee in accordance with Section 4 of the Act. Pantomath had appointed Ankur Sharma from Invictus Survival Sciences to conduct the training. Mr Sharma introduced & explained about the act, various scenarios, punishments, and discussed multiple case studies. He emphasized the importance of an internal complaints committee, filing of returns and necessary process to initiate a complaint. The training program was engaging and appreciated by the employees. The sexual harassment prevention training is fast becoming one of the crucial requirements of HR Compliance irrespective of whether an organisation is small in size or is a large corporation.

Based in Gujarat, Exxaro Tiles began its operations in 2008 as a manufacturer of vitrified tiles. Today, Exxaro is a renowned international brand in the global industry with two multi-purpose facilities. Out of which, one is among the largest GVT manufacturing plants in India, as per Brickwork Industry Report. Due to having its own manufacturing units, the Company enjoys lower OPEX and higher EBITDA margins. Over the course of 13 years of business operations, the company has achieved many ambitious milestones and is experiencing consistent high growth y-o-y. In the pre-COVID era, the company registered a growth of 21% + CAGR. Throughout the operations, Exxaro has been generating a positive cash flow.

Exxaro is present in 13 countries and 27 Indian states with a dealer network of more than 2000 players. The Company has an aggressive geo-expansion strategy for the following years as well. In FY20, the company clocked a total revenue of INR 2400+ million. The company has gained popularity for contributing more than 1000 exclusive tile designs and currently deals in two product categories - Double Charge Vitrified Tiles and Glazed Vitrified Tiles. In 2018, Exxaro was honoured with the "POWER BRANDS - RISING STAR 2018" award at London, The UK.

In CY 21, the Company came up with an Initial Public Offer. To execute this IPO, Exxaro has associated with Pantomath Capital Advisors Private Limited, a SEBI-registered investment banker and the lead manager to the issue, providing a broad array of financial services and products across India to achieve this mission. The team at Pantomath supported the company to smoothly navigate through the legalities and other matters for launching the IPO. Pantomath offers a best-in-class global experience for the flawless implementation of plans. 

Pantomath Capital is one of the leading diversified financial services groups with a global presence (12+ countries) and provides strategic advice and serves holistically to all Corporate Finance and  M&A needs. The company has one of India's largest investment banking teams and has also launched NBFC services in 2020. Previously, Pantomath has managed 100+ IPOs for companies of all sizes. The company has served more than 500+ clients globally, completed 125+ fundraising transactions, covering 30+ Industry segments.

The Exxaro IPO received bids for 25.96 crore shares as against 1.14 crore shares on offer, according to stock exchange data. The issue was subscribed 22.68 times. It was listed on BSE and the NSE at ₹126 a share, a 5 per cent per cent premium over the IPO price of ₹120. The stock closed the day at ₹132.25 a share on BSE and ₹132.30 on the NSE, up about 10.20 per cent.

Incorporated in 2010, Astron Paper and Board Mill Limited is engaged in manufacturing of kraft paper. Within a short span of time, the Company has developed a name for itself in the kraft paper industry and has been able to establish a brand associated with a qualitative and comprehensive range of kraft papers. The Company mainly caters to the packaging industry and has been able to develop a loyal clientele network consisting of various packaging companies and MNCs. Currently the Company is operating in domestic markets with their products being supplied on pan India basis. The Company is also in the process of exploring export markets.

Company is promoted by Kirit Patel, Ramakant Patel, Karshanbhai Patel and Asian Granito (India) Limited. Company believes that its market position has been achieved by adherence to the vision of its Promoters, senior management and their experience. With their dedication and commitment, Company has shown an increasing trend in business operations which is evidenced by the growth numbers. Looking forward to fulfilling increasing demand for recycled corrugated paper, during FY-2017-18 Company has acquired a paper plant located at Bhuj by auction through Union Bank of India. Again, in FY-2018-19 the company acquired Balaram Papers Pvt Ltd, (Located at Mehsana, Gujarat) as a wholly owned subsidiary Company. The Company’s manufacturing facility is situated at Halvad, Gujarat and is well equipped with requisite plant and machineries and other facilities.

Astron Paper & Board Mill Limited came up with an initial public offer (IPO) in the year 2017. Pantomath Capital Advisors Private Limited (PCAPL), SEBI registered Merchant Banker were the lead Merchant bankers to the Issue. The Shares of the Company were Listed on Bombay Stock Exchange (BSE) & National Stock Exchange (NSE).

The Rs 70-crore IPO got an overwhelming response and got oversubscribed by 241.14 times - highest subscription received in an IPO of issue size more than Rs 50 Cr. Shares of Astron Paper and Board Mills saw a bumper listing as the stock debuted with a premium of 141.50%.

Mumbai, December 29, 2017: Year 2017 ended on a happy note for investors with the listing of Astron Paper and Board Mill Limited on Bombay Stock Exchange (BSE) & National Stock Exchange (NSE). Astron Paper & Board Mill Limited shares debuted with 141.50 percent gains on NSE and 139.40 percent on BSE. The share price closed at Rs 120.75 against the issue price of Rs 50. The bumper listing was on expected lines as the issue has received overwhelming response, oversubscribing 241.14 times. Pantomath Capital Advisors Private Limited was the book running lead manager to the offer

Pantomath Capital Advisors Private Limited, a company based in Mumbai giving Corporate Advisory Services have been working on the growth and development of the MSME sector. Pantomath has served more than 500+ Clients across India and outside India, completed 125+ fundraising transactions, covering 30+ Industry segments. The lead manager has also to its credit records like raising the highest amount of funds for emerging companies, highest returns etc. As per market analysts, Pantomath lead managed companies have better liquidity track record compared to average of other companies listed on SME Exchanges. The group has forayed in asset management with the launch of Pantomath SME Growth PMS and Pantomath Sabrimala AIF – Category-I Alternative Investment Fund.

·       Price Band of Rs. 118 – Rs. 120 per equity share of face value of Rs. 10 each (“Equity Share”)

·       Bid/Offer Opening Date – Wednesday, August 04, 2021 and Bid/Offer Closing Date – Friday, August 06, 2021

·       Minimum Bid Lot is 125 Equity Shares and in multiples of 125 Equity Shares thereafter

·       The price earnings ratio based on diluted EPS for Fiscal 2021 for the Company at the upper end of the Price band is 26.43 as compared to the average industry peer group PE ratio of 42.76

Gujarat based Exxaro Tiles Limited, one of the leading manufacturer of vitrified tiles in India having one of the highest operating profit margins in the organized ceramic industry; will open the Bid/Offer period in relation to its initial public offering of Equity Shares (the “Offer”/ “IPO”) on Wednesday, August 04, 2021 and close on Friday, August 06, 2021. The price band for the Offer has been decided at Rs. 118 – Rs. 120 per Equity Share.

The Company and the Selling Shareholders may, in consultation with the book running lead managers (the “BRLMs”), consider participation by Anchor Investors which shall be one Working Day prior to the Bid/Offer Opening Date, i.e. Tuesday, August 03, 2021

The Initial Public Offering of upto 13,424,000 equity shares, of face value of Rs 10 each, comprises of a fresh issue of upto 111,86,000 equity shares and an offer for sale of up to 2,238,000 equity shares by Mr. Dixitkumar Patel (“Selling Shareholder”).

The Company proposes to utilise the Net Proceeds from the Fresh Issue towards repay/prepayment of certain borrowings availed by the Company, funding its working capital requirements besides utilizing it for general corporate purposes.

Bhavnagar, Gujarat based company Madhav Copper Limited (MCL) engaged in the manufacturing and supply of copper bus bars, copper rods, strips, anodes, sections, enameled copper wire, and poly wrap submersible winding wire came up with Initial Public Offer in the year January, 2017 and the shares of the Company were listed on NSE Emerge (SME Platform).  Through this IPO Company raised the funds of Rs. 4.48 Cr. The object to the Issue was to fulfil Working Capital requirements and General Corporate Purpose.

Pantomath Capital Advisors Private Limited,  SEBI registered Merchant Banker were the lead Merchant bankers to the Issue. The Company in year 2017 was valued at Rs. 22.82 Cr over the years MCL has performed and within 2 years it is valued at more than Rs. 230 Cr. Thereafter, it has issued bonus shares in the ratio of 2:1 and 1:1 share held and also split the face value of its shares from Rs. 10 to Rs. 5 per share. 

In the year 2020, the Company came up with the Further Public Offer (FPO) of Rs. 25.50 Cr to part finance, purchase of plant and machinery, Prepayment/repayment of certain secured borrowings, working capital needs and general corpus fund needs. The entire FPO was led by Pantomath Capital Advisors Private Limited. 

Pantomath Capital Advisors Private Limited, a company based in Mumbai giving Corporate Advisory Services have been working on the growth and development of the mid-market sector. Capital is the most important thing for growth-stage businesses, and Pantomath helps Companies to raise funds without interest. Pantomath has managed 100+ IPOs and introduced some of the fantastic success stories to the market.

Music News: Tarah Who? To Release New Music Video For ‘Pantomath’

A pantomath is a person who wants to know and knows everything.

Tarah Who? Is coming back this year with a very energetic single. Get ready for the very powerful female duo. The Ladies of Tarah Who? Are introducing their new set up with an aggressive, upbeat, fun and catchy new song!

In their own words:

‘Pantomath’ is a punk Rock song. I wrote this song after a conversation I was having with…