Pyramid Technoplast IPO GMP, Price, Date, Allotment

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Pyramid Technoplast IPO GMP

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.

Pyramid Technoplast 2023

Promoters of Pyramid Technoplast – Bijaykumar Agarwal, Jaiprakash Agarwal and Yash Synthetics Private Limited


Pyramid Technoplast IPO Details

Pyramid Technoplast IPO Dates18 – 22 August 2023
Pyramid Technoplast IPO PriceINR 151 – 166 per share
Fresh issue55,00,000 shares (INR 83.05 – 91.30 crores)
Offer For Sale37,20,000 shares (INR 56.17 – 61.75 crores)
Total IPO size92,20,000 shares (INR 139.22 – 153.05 crores)
Minimum bid (lot size)90 shares (INR 14,940)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE, NSE

Pyramid Technoplast Financial Performance

 FY 2021FY 2022FY 2023
Revenue313.50400.42480.03
Expenses293.30367.48439.18
Net income16.9926.1531.76
Margin (%)5.426.536.62
Figures in INR crores unless specified otherwise

Pyramid Technoplast Offer News


Pyramid Technoplast Valuations & Margins

FY 2021FY 2022FY 2023
EPS5.418.4310.24
PE ratio14.75 – 16.21
RONW (%)34.7934.7729.61
NAV15.6124.0434.28
ROCE (%)21.1121.3821.37
EBITDA (%)10.2811.0310.75
Debt/Equity1.050.860.52
*Compiled by IPO Central from Prospectus

Pyramid Technoplast IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
28 August 2023203001,200
24 August 2023253001,500
23 August 2023253001,500
22 August 202327300
21 August 202327300
19 August 202325300
18 August 202324320
17 August 202327320
16 August 202322300
14 August 202322300
12 August 202320300
11 August 202322300
10 August 202320300

Pyramid Technoplast IPO Subscription – Live Updates

CategoryQIBNIIRetailTotal
Shares Offered1,106,4001,844,0004,610,0007,560,400
22 Aug 20239.9432.2414.7218.29
21 Aug 20231.527.677.616.74
18 Aug 20231.271.061.901.61

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 Date18 August 2023
Pyramid Technoplast IPO Closing Date22 August 2023
Finalization of Basis of Allotment25 August 2023
Initiation of refunds28 August 2023
Transfer of shares to demat accounts29 August 2023
Pyramid Technoplast IPO Listing Date29 August 2023
Opening Price on NSEINR 187 per share (up 12.65%)
Closing Price on NSEINR 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[email protected] / [email protected]
Website: 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: +91 22 6263 8200
Email:  [email protected]
Website: 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: +91 22 42761547
Email: [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.

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