Pyramid Technoplast IPO Description – Pyramid Technoplast is an industrial packaging company engaged in the business of manufacturing polymer-based molded products (Polymer Drums) mainly used by chemical, agrochemical, specialty chemical, and pharmaceutical companies for their packaging requirements. It is one of the leading manufacturers of rigid Intermediate Bulk Containers (IBC) in India manufacturing 1,000 liters capacity IBC. It also manufactures MS Drums made of mild steel (MS) used in the packaging and transport of chemicals, agrochemicals, and specialty chemicals.
Pyramid Technoplast started commercial production in the year 1998 in Unit I. Presently, it has six strategically situated manufacturing units out of which four are in Bharuch, GIDC, and two are situated at Silvassa. The seventh manufacturing unit is under construction at the Bharuch, GIDC adjacent to the existing six units.
The total installed capacity of the Polymer Drum manufacturing units is 18,837 Metric Tonnes Per Annum (MTPA). The total installed capacity of the IBC manufacturing unit is 3,240 MTPA and the total installed capacity of the MS Drums unit is 3,600 MTPA.
Promoters of Pyramid Technoplast – Bijaykumar Agarwal, Jaiprakash Agarwal and Yash Synthetics Private Limited
Pyramid Technoplast IPO Details
| Pyramid Technoplast IPO Dates | 18 – 22 August 2023 |
| Pyramid Technoplast IPO Price | INR 151 – 166 per share |
| Fresh issue | 55,00,000 shares (INR 83.05 – 91.30 crores) |
| Offer For Sale | 37,20,000 shares (INR 56.17 – 61.75 crores) |
| Total IPO size | 92,20,000 shares (INR 139.22 – 153.05 crores) |
| Minimum bid (lot size) | 90 shares (INR 14,940) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE, NSE |
Pyramid Technoplast Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 313.50 | 400.42 | 480.03 |
| Expenses | 293.30 | 367.48 | 439.18 |
| Net income | 16.99 | 26.15 | 31.76 |
| Margin (%) | 5.42 | 6.53 | 6.62 |
Pyramid Technoplast Offer News
- Pyramid Technoplast IPO Review: Containing Profits?
- Pyramid Technoplast RHP
- Pyramid Technoplast DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Pyramid Technoplast Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 5.41 | 8.43 | 10.24 |
| PE ratio | – | – | 14.75 – 16.21 |
| RONW (%) | 34.79 | 34.77 | 29.61 |
| NAV | 15.61 | 24.04 | 34.28 |
| ROCE (%) | 21.11 | 21.38 | 21.37 |
| EBITDA (%) | 10.28 | 11.03 | 10.75 |
| Debt/Equity | 1.05 | 0.86 | 0.52 |
Pyramid Technoplast IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 28 August 2023 | 20 | 300 | 1,200 |
| 24 August 2023 | 25 | 300 | 1,500 |
| 23 August 2023 | 25 | 300 | 1,500 |
| 22 August 2023 | 27 | 300 | – |
| 21 August 2023 | 27 | 300 | – |
| 19 August 2023 | 25 | 300 | – |
| 18 August 2023 | 24 | 320 | – |
| 17 August 2023 | 27 | 320 | – |
| 16 August 2023 | 22 | 300 | – |
| 14 August 2023 | 22 | 300 | – |
| 12 August 2023 | 20 | 300 | – |
| 11 August 2023 | 22 | 300 | – |
| 10 August 2023 | 20 | 300 | – |
Pyramid Technoplast IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 1,106,400 | 1,844,000 | 4,610,000 | 7,560,400 |
| 22 Aug 2023 | 9.94 | 32.24 | 14.72 | 18.29 |
| 21 Aug 2023 | 1.52 | 7.67 | 7.61 | 6.74 |
| 18 Aug 2023 | 1.27 | 1.06 | 1.90 | 1.61 |
Pyramid Technoplast IPO Allotment Status
Pyramid Technoplast IPO allotment is now available on Bigshare Services’ website. Click on this link to get allotment status.
Pyramid Technoplast IPO Dates & Listing Performance
| Pyramid Technoplast IPO Opening Date | 18 August 2023 |
| Pyramid Technoplast IPO Closing Date | 22 August 2023 |
| Finalization of Basis of Allotment | 25 August 2023 |
| Initiation of refunds | 28 August 2023 |
| Transfer of shares to demat accounts | 29 August 2023 |
| Pyramid Technoplast IPO Listing Date | 29 August 2023 |
| Opening Price on NSE | INR 187 per share (up 12.65%) |
| Closing Price on NSE | INR 177.65 per share (up 7.02%) |
Pyramid Technoplast IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth – Avoid
Canara Securities – Subscribe for long-term
Choice Broking –
Dalal & Broacha –
Elite Wealth – Aggressive Investors may Apply
GCL Broking –
Geojit –
GEPL Capital – Subscribe
Hem Securities – Subscribe for long-term
ICICIdirect –
Jainam Broking –
KR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
Religare Broking –
SBI Securities – Subscribe for long-term Horizon
Samco Securities – Not Rated
SMC Global –
Swastika Investmart –
Ventura Securities – Not Rated
Pyramid Technoplast Offer Lead Manager
FIRST OVERSEAS CAPITAL LIMITED
1-2 Bhupen Chambers, Dalal Street, Fountain,
Mumbai – 400 001, Maharashtra, India
Phone: +91 22 4050 9999
Email:Â [email protected] / [email protected]
Website:Â www.focl.in
Pyramid Technoplast Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Pyramid Technoplast Contact Details
PYRAMID TECHNOPLAST LIMITED
Office No.2, 2nd Floor, Shah Trade Centre, Rani Sati Marg,
Near W.E. Highway, Malad (East), Mumbai 400 097, Maharashtra
Phone:Â +91 22 42761547
Email:Â [email protected]
Website: www.pyramidtechnoplast.com
Pyramid Technoplast IPO FAQs
How many shares in Pyramid Technoplast IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 30%, NII – 20%, and Retail – 50%.
How to apply in Pyramid Technoplast Public Offer?
The best way to apply in Pyramid Technoplast public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Pyramid Technoplast IPO GMP today?
Pyramid Technoplast IPO GMP today is INR 20 per share.
What is Pyramid Technoplast kostak rate today?
Pyramid Technoplast kostak rate today is INR 300 per application.
What is Pyramid Technoplast Subject to Sauda rate today?
Pyramid Technoplast Subject to Sauda rate today is INR 1,200 per application.
