Pyramid Technoplast Limited
Mainboard₹14,940 / 90 Shares
Pyramid Technoplast Limited IPO Details
The Pyramid Technoplast Limited IPO price band is set between ₹151-166 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 18 Aug, 2023 and closes on 22 Aug, 2023. Investors can check the allotment status on 25 Aug, 2023, while the listing date is tentatively scheduled for 29 Aug, 2023.
The total issue size is Total ₹153.05 Cr :#Fresh Issue : 5,500,000 shares, aggregating up to ₹91.30 Cr. Stay tuned for the latest Pyramid Technoplast Limited IPO review and GMP updates.
Pyramid Technoplast Limited IPO Review, Rating & Analysis
Pyramid Technoplast Limited IPO Review
NO REVIEWPyramid Technoplast Limited IPO Rating
Pyramid Technoplast Limited IPO Highlights
IPO Date
Aug 18, 2023 - Aug 22, 2023
Listing Date
29 Aug, 2023
Face Value
₹10 Per Equity Share
Price Band
₹151-166 per equity share
Lot Size
90 Shares
Fresh Issue
5,500,000 Shares
Offer for Sale
3,720,000 shares of ₹10
Listing At
BSE, NSE
Pyramid Technoplast Limited IPO Lot Size
The minimum market lot for Pyramid Technoplast Limited IPO is 90 shares with an application amount of ₹14,940. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 90 | ₹14,940 |
| Retail (Max) | 13 | 1170 | ₹1,94,220 |
| S-HNI (Min) | 14 | 1260 | ₹2,09,160 |
| S-HNI (Max) | 66 | 5940 | ₹9,86,040 |
| B-HNI (Min) | 67 | 6030 | ₹10,00,980 |
Pyramid Technoplast Limited IPO Timeline
Issue Price
₹151-166 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdLead Manager
Pnb Investment Services LtdFirst Overseas Capital LimitedIssue Size
Total ₹153.05 Cr :#Fresh Issue : 5,500,000 shares(aggregating up to ₹91.30 Cr) +
#OFS : 3,720,000 shares of ₹10(aggregating up to ₹61.75 Cr)
Pyramid Technoplast Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 225.78 | 482.03 | 31.76 | - | - | - |
| 31 Mar 22 | 183.76 | 402.64 | 26.15 | - | - | - |
| 31 Mar 21 | 153.46 | 316.18 | 16.99 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Bijaykumar Agarwal
- Jaiprakash Agarwal
- Pushpa Devi Agarwal
- Madhu Agarwal
- Yash Synthetics Private Limited
- Credence Financial Consultancy LLP
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 74.94% |
About Company
Pyramid Technoplast Limited manufactures polymer-based molded products (Polymer Drums) mainly used by chemical, agrochemical, specialty chemical, and pharmaceutical companies for their packaging requirements.
The company manufactures polymer-based bulk packaging drums and Intermediate Bulk Containers (IBC), as well as MS Drums for packaging used in the packaging and transport of chemicals, agrochemicals, and specialty chemicals.
Pyramid Technoplast started its commercial production in 1998 and now has over 6 manufacturing units out of which four are situated in Bharuch, GIDC, Gujarat, and two are situated at Silvassa, UT of Dadra and Nagar Haveli. The total installed capacity of their Polymer Drum manufacturing units is 20,612 MTPA, the total installed capacity of the IBC manufacturing unit is 12,820 MTPA and the total installed capacity of the MS Drums unit is 6,200 MTPA. The company is in the process of constructing its seventh manufacturing unit which will also be situated in Bharuch, GIDC, Gujarat.
The company has obtained UN certification outlined by United Nations Recommendation for IBC and MS Drums to meet safety levels. The manufacturing units are ISO 9001:2015/ ISO 14001:2015/ISO 45001:2018 certified by quality, environment, health, and safety management systems for the manufacture of Polymer Drums, carboys, jerry cans, IBC & MS Drums and accessories, and their MS Drums meet the quality standards as per IS 1783:2014 (Part 1 and 2) laid down by Bureau of Indian Standards.
Pyramid Technoplast Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 1,106,400 | 1,844,000 1,229,333 614,667 | 4,610,000 | 7,560,400 |
Day 1 -18-08-23 05:00 PM | 1.27 x | 1.05 0.74 x 1.68 x | 1.89 x | 1.59 x |
Day 2 -21-08-23 05:00 PM | 1.49 x | 6.73 5.88 x 8.42 x | 6.52 x | 5.84 x |
Day 3 -22-08-23 05:00 PM | 9.94 x | 32.23 33.81 x 29.08 x | 14.67 x | 18.26 x |
14.28 times
Frequently Asked Questions about Pyramid Technoplast Limited IPO
When will Pyramid Technoplast Limited IPO open for subscription?
The Pyramid Technoplast Limited IPO opens on 18 Aug, 2023 and closes on 22 Aug, 2023.
What is the investors portion for Pyramid Technoplast Limited IPO?
The investors' portion for QIB is 9.94 x, NII is 33.81 x, and Retail is 14.67 x.
How to apply for Pyramid Technoplast Limited IPO?
You can apply for Pyramid Technoplast Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Pyramid Technoplast Limited IPO?
The issue size of Pyramid Technoplast Limited IPO is approx ₹Total ₹153.05 Cr :#Fresh Issue : 5,500,000 shares(aggregating up to ₹91.30 Cr) +#OFS : 3,720,000 shares of ₹10(aggregating up to ₹61.75 Cr) crores.
What is the price band of Pyramid Technoplast Limited IPO?
The price band for Pyramid Technoplast Limited IPO is ₹151 to ₹166 per equity share.
What is the lot size of Pyramid Technoplast Limited IPO?
The minimum bid (lot size) for Pyramid Technoplast Limited IPO is N/A shares with an investment of approx ₹14,940 .
What is the allotment date of Pyramid Technoplast Limited IPO?
The allotment date for Pyramid Technoplast Limited IPO is 25 Aug, 2023.
What is the listing date of Pyramid Technoplast Limited IPO?
The listing date for Pyramid Technoplast Limited IPO is expected to be 29 Aug, 2023.
What is the GMP of Pyramid Technoplast Limited IPO?
The latest Grey Market Premium (GMP) for Pyramid Technoplast Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.