IPO

Pyramid Technoplast Limited IPO

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Listed On: Aug 29, 2023 at ₹ 187.0(NSE)

₹ 14940 /90 Shares

Check Allotment

18 Aug, 2023

Open Date

22 Aug, 2023

Close Date

25 Aug, 2023

Allotment Date

29 Aug, 2023

Listing Date
Price Summary

Last Closing

162.00 (-2.41%)

52 Week High

217.60

52 Week Low

134.91

Last Update

19-Dec-2025 3:30 PM
Pyramid Technoplast Limited IPO Issue Details
  • Issue Price ₹151-166 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 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)
  • Listing at BSE, NSE
  • List Price 187.0(NSE)
  • Listing Date 2023-08-29
  • Lead Manager Pnb Investment Services Ltd
    First Overseas Capital Limited
  • Registrar Bigshare Services Pvt Ltd
Pyramid Technoplast Limited IPO Details
  • Retail Portion 50% (Number of Retail Applications: 51,222 Approx),
    (Number of S-HNI Applications : 488 Approx),
    (Number of B-HNI Applications : 975 Approx)
Pyramid Technoplast Limited IPO Documents
DRHP
RHP
ANCHOR
Pyramid Technoplast Limited IPO Details


The IPO of Pyramid Technoplast Limited is priced at ₹151-166 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Aug 18, 2023 and ends on Aug 22, 2023. The allotment for Pyramid Technoplast Limited IPO will be finalized on Aug 25, 2023. Pyramid Technoplast Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Aug 29, 2023. The company shall list its equity shares on the BSE, NSE. Bigshare Services Pvt Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Pnb Investment Services Ltd, First Overseas Capital Limited.


The Pyramid Technoplast Limited IPO sets its price band at 151-166 for each share. A single application for Pyramid Technoplast Limited IPO must contain at least 90 shares.

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Pyramid Technoplast Limited IPO Subscription Analysis And Details
Retail
14.67x
QIB
9.94x
NII
32.23x
bNII
33.81x
sNII
29.08x
Total
18.26x
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
Total No of Applications
7,31,401
Subscription on the basis of Applications
14.28
Pyramid Technoplast Limited Valuations
Earnings Per Share (EPS) ₹10.24/-
P/E Ratio 16.21
RoNW 29.61%
Net Asset Value (NAV) - As on 31.03.22 ₹N/A
Pyramid Technoplast Limited Company Financials
In Crs.
In Cr.
31-Mar-23 31-Mar-22 31-Mar-21
Assets 225.78 183.76 153.46
Revenue 482.03 402.64 316.18
Profit After Tax 31.76 26.15 16.99
About Pyramid Technoplast Limited 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.

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Pyramid Technoplast Limited - Promoter(s)

Bijaykumar Agarwal

Jaiprakash Agarwal

Pushpa Devi Agarwal

Madhu Agarwal

Yash Synthetics Private Limited

Credence Financial Consultancy LLP

Pre Issue Share Holding : 100%

Post Issue Share Holding : 74.94%

Pyramid Technoplast Limited IPO - Issue Objectives
1

Repayment and/or pre-payment, in full or part, of certain outstanding borrowings availed by the company

2

Funding working capital requirements of the company

3

General corporate purposes.

Pyramid Technoplast Limited IPO - Anchor Investors

Pyramid Technoplast raises Rs 27.55 crore via anchor book ahead of IPO.

Industrial packaging company Pyramid Technoplast mobilised Rs 27.55 crore from four anchor investors on August 17, ahead of the public issue opening.

Carnelian Structural Shift Fund, Alchemie Ventures Fund-Scheme I, Pluris Fund, and Resonance Opportunities Fund are the anchor investors.

Pyramid Technoplast Limited IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Pyramid Technoplast 3.08 16.21 29.61% 482
Time Technoplast 1.38 14.5 10.1% 4,289
TPL PLastech 2.91 20.5 14.7% 271
Mold-Tek Packaging 5.78 41.8 16.1% 730