Pyramid Technoplast IPO Grey Market Premium is ₹30 as of Monday, 21st August 2023.
Pyramid Technoplast is an industrial packaging firm that manufactures polymer-based moulded products (Polymer Drums) that are primarily used for packaging by chemical, agrochemical, specialty chemical, and pharmaceutical companies. It is one of India’s top manufacturers of rigid Intermediate Bulk Containers (IBC) with a capacity of 1,000 litres. It also produces MS Drums, which are composed of mild steel (MS) and are used in the packaging and transportation of chemicals, agrochemicals, and speciality chemicals.
Pyramid Technoplast began commercial production in Unit I in 1998. It currently has six strategically located manufacturing units, four of which are in Bharuch, GIDC, and two in Silvassa. The seventh manufacturing unit is being built next to the existing six units at the Bharuch, GIDC. The Polymer Drum manufacturing plants have a total installed capacity of 18,837 Metric Tonnes Per Annum (MTPA). The IBC manufacturing plant has a total installed capacity of 3,240 MTPA, while the MS Drums facility has a total installed capacity of 3,600 MTPA.
Pyramid Technoplast IPO Details
The Pyramid Technoplast IPO GMP is 30 rupees today. This is an increase of two rupees over the previous GMP of 28 rupees. This upward movement in the unlisted market can be attributed to the improved sentiment of this Indian equity market. GMP’s price could rise if investors’ participation grows substantially during the IPO.
|Pyramid Technoplast IPO Dates||Aug 18, 2023 to Aug 22, 2023|
|Pyramid Technoplast IPO Price||₹151 to ₹166 per share|
|Fresh issue||55,00,000 shares|
|Offer For Sale||37,20,000 shares|
|Total IPO size||92,20,000 shares|
|Minimum bid (lot size)||90 equity shares|
|Face Value||INR 10 per share|
|Listing On||BSE, NSE|
Pyramid Technoplast Financial Performance
|FY 2020||FY 2021||FY 2022||H1 FY 2023|
Pyramid Technoplast Valuations & Margins
|FY 2020||FY 2021||FY 2022|
Pyramid Technoplast IPO Subscription Status – Live Updates
- The Pyramid Technoplast IPO subscription status reveals that the IPO has been oversubscribed 8.87 times overall.
- The retail segment has witnessed significant demand, resulting in the oversubscription amounting to 9.30 times. In the Non-Institutional Investor (NII) section is awash with oversubscriptions of 12.18 times. Meanwhile, the QIB (Qualified Institutional Buyer) (QIB) category was subscribing 1.54 times.
Pyramid Technoplast IPO Dates & Listing Performance
Pyramid Technoplast IPO allotment date is 25th August 2023. The Pyramid Technoplast IPO date of listing set for 30th August 2023.
|Pyramid Technoplast IPO Opening Date||Friday, 18 August 2023|
|Pyramid Technoplast IPO Closing Date||Tuesday, 22 August 2023|
|Finalization of Basis of Allotment||Friday, 25 August 2023|
|Initiation of refunds||Monday, 28 August 2023|
|Transfer of shares to demat accounts||Tuesday, 29 August 2023|
|Pyramid Technoplast IPO Listing Date||Wednesday, 30 August 2023|
Pyramid Technoplast IPO Apply or Not – Pyramid Technoplast IPO Review
The business has long-term relationships with suppliers or distributors, both national and international, as well as multiple suppliers to purchase specific parts instead of being dependent on a single supplier for their components to protect their supply chain from problems. It also lets them ensure they have access to the raw materials they use and allow their customers to obtain the highest prices they can for their goods.
Investors looking to get exposure to an emerging company in the manufacturing industry could consider Pyramid Technoplast’s IPO attractive.
Pyramid Technoplast IPO FAQs :
Q1. How many shares in Pyramid Technoplast IPO are reserved for HNIs and retail investors?
Ans. The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
Q2. How to apply in Pyramid Technoplast Public Offer?
Ans. 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.
Q3. What is Pyramid Technoplast IPO Listing Date?
Ans. Pyramid Technoplast IPO Listing Date is 30th August 2023.
Q4. What is Pyramid Technoplast IPO Listing Price?
Ans. Pyramid Technoplast IPO Listing Price is ₹151 to ₹166 per share.
Q3. What is Pyramid Technoplast IPO GMP today Live?
Ans. Pyramid Technoplast IPO GMP today is ₹30 per share.
Q4. What is Pyramid Technoplast kostak rate today?
Ans. Pyramid Technoplast kostak rate today is ₹300 per application.
Q5. What is Pyramid Technoplast Subject to Sauda rate today?
Ans. Pyramid Technoplast Subject to Sauda rate today is INR NA per application.