Pyramid Technoplast IPO Date, Review, Price, Allotment Details

Pyramid Technoplast IPO Details: Pyramid Technoplast IPO date is fixed, the IPO is to hit the market on August 18 and will close on August 22. Pyramid Technoplast IPO to raise around ₹153 crores via IPO that comprises fresh issue of 55,00,000 Shares and offer for sale up to 37,20,000 Shares of ₹10 each. The retail quota is 50%, QIB is 30%, and HNI is 20%.
Pyramid Technoplast IPO

Table of Contents

Pyramid Technoplast Limited is an industrial packaging company engaged in the business of manufacturing polymer-based molded products (Polymer Drums) mainly used by chemical, agrochemical, speciality chemical, and pharmaceutical companies for their packaging requirements. They are one of the leading manufacturers of rigid Intermediate Bulk Containers (IBC) in India manufacturing 1,000 litre capacity IBC (Source: Marketysers Report). IBCs are industrial-grade containers engineered for the mass handling, transport, and storage of liquids, semi-solids, pastes, or solids. rigid IBCs are manufactured across a volume range that is in between that of standard shipping drums and intermodal tank containers, hence the title intermediate bulk container.


Pyramid Technoplast also manufactures MS Drums made of mild steel (MS) used in the packaging and transport of chemicals, agrochemicals, and speciality chemicals. They use blow molding technology to manufacture Polymer Drums and IBCs. Injection molding technology is used for manufacturing caps, closures, bungs, lids, handles, lugs, etc. for in-house use. Our products are marketed and sold under the brand name “Pyramid”.

They have six strategically situated manufacturing units out of which four (4) are in Bharuch, GIDC, and two (2) are situated at Silvassa. The seventh (7) manufacturing unit is under construction at the Bharuch, GIDC adjacent to the existing six units. The total installed capacity of their Polymer Drum manufacturing units is 18,837 MTPA. The total installed capacity of their IBC manufacturing unit is 3,240 MTPA and the total installed capacity of their MS Drums unit is 3,600 MTPA.


Objects of the Issue

  • Repayment and/or pre-payment, in full or part, of certain outstanding borrowings availed by our Company;
  • Funding working capital requirements of our Company;
  • General corporate purposes.

Pyramid Technoplast IPO Review (Apply or Not)

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Pyramid Technoplast IPO Date & Price Band Details

IPO Open:August 18, 2023
IPO Close:August 22, 2023
IPO Size:Approx ₹153 Crores
Fresh Issue:Approx 55,00,000 shares
Offer for Sale:Approx 37,20,000 shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹151 to ₹166 Per Share
IPO Listing on:BSE & NSE
Retail Quota:50%
QIB Quota:30%
 NII Quota:20%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Pyramid Technoplast IPO Market Lot

The Pyramid Technoplast IPO minimum market lot is 90 shares with ₹14,940 application amount. The retail investors can apply up-to 13 lots with 1170 shares or ₹194,220 amount.

ApplicationLot SizeSharesAmount
Retail Minimum190₹14,940
Retail Maximum131170₹194,220
S-HNI Minimum141260₹209,160
B-HNI Minimum676030₹1,000,980

Pyramid Technoplast IPO Allotment & Listing Dates

The Pyramid Technoplast IPO date is August 18 and the close date is August 22. The Pyramid Technoplast IPO allotment will be finalized on August 25 and the IPO listing on August 30.

Price Band Announcement:August 9, 2023
Anchor Investors Allotment:August 17, 2023
IPO Open Date:August 18, 2023
IPO Close Date:August 22, 2023
Basis of Allotment:August 25, 2023
Refunds:August 28, 2023
Credit to Demat Account:August 29, 2023
IPO Listing Date:August 29, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Pyramid Technoplast IPO Form

How to apply for the Pyramid Technoplast IPO? You can apply for Pyramid Technoplast IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Pyramid Technoplast IPO in the Invest section. The other option is you can apply for Pyramid Technoplast IPO via IPO forms downloaded via NSE and BSE. Check out the Pyramid Technoplast forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


Pyramid Technoplast Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2020₹260₹252₹5.55
2021₹316₹293₹16.99
2022₹403₹368₹26.15
2023 6M₹237₹215₹15.74

Pyramid Technoplast IPO Valuation – FY2022

Check Pyramid Technoplast IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹8.43 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):34.77%
Net Asset Value (NAV):₹24.04 per Equity Share

Peer Group

  • Time Technoplast Limited
  • TPL Plastech Limited
  • Mold-Tek Packaging Limited

Company Promoters

  • Bijaykumar Agarwal
  • Jaiprakash Agarwal
  • Yash Synthetics Private Limited

Pyramid Technoplast IPO Registrar

BIGSHARE SERVICES PRIVATE LIMITED
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com

Pyramid Technoplast IPO Allotment Status Check

Check Pyramid Technoplast IPO allotment status on Bigshare website allotment URL. Click Here

Pyramid Technoplast IPO Lead Managers aka Merchant Bankers

  • FIRST OVERSEAS CAPITAL LIMITED
  • PNB INVESTMENT SERVICES LIMITED

Company Address

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

What is Pyramid Technoplast IPO?

Pyramid Technoplast IPO is a main-board IPO. They are going to raise ₹153 Crores via IPO. The issue is priced at ₹151 to ₹166 pr equity share. The IPO is to be listed on BSE & NSE.

When Pyramid Technoplast IPO will open?

The IPO is to open on August 18, 2023 for QIB, NII, and Retail Investors.

What is Pyramid Technoplast IPO Investors Portion?

The investors’ portion for QIB is 30%, NII is 20%, and Retail is 50%.

How to Apply the Pyramid Technoplast IPO?

You can apply for Pyramid Technoplast IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Pyramid Technoplast IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Pyramid Technoplast”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Pyramid Technoplast IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Pyramid Technoplast”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Pyramid Technoplast IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Pyramid Technoplast”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Pyramid Technoplast IPO Size?

Pyramid Technoplast IPO size is ₹153 crores.

What is Pyramid Technoplast IPO Price Band?

Pyramid Technoplast IPO Price Band is ₹151 to ₹166.

What is the Pyramid Technoplast IPO Allotment Date?

Pyramid Technoplast IPO allotment date is August 25, 2023.

What is the Pyramid Technoplast IPO Listing Date?

Pyramid Technoplast IPO listing date is August 29, 2023. The IPO is to list on BSE and NSE.

Note: The Pyramid Technoplast IPO price band and date are officially announced. The IPO grey market premium (Pyramid Technoplast IPO Premium) will be added to the IPO grey market page as it will start).

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