Pyramid Technoplast Limited IPO
MainboardPackaging
Listed On: Aug 29, 2023 at ₹ 187.0(NSE)
₹ 14940 /90 Shares
Check AllotmentPrice Summary
Last Closing
230.50 (38.86%)52 Week High
258.9952 Week Low
134.40Last Update
8-Nov-2024 3:30 PMPyramid Technoplast Limited IPO Details
18 Aug, 2023
Open Date22 Aug, 2023
Close Date25 Aug, 2023
Allotment Date29 Aug, 2023
Listing DateIssue Price
₹151-166 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdList Price
187.0(NSE)Listing Date
2023-08-29Market Lot
Retail : 90 Shares (₹14,940/-)S-HNI : 1,260 Shares (₹2,09,160/-)
B-HNI : 6,030 Shares (₹10,00,980/-)
Lead Manager
Pnb Investment Services LtdFirst Overseas Capital Limited
Issue 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)
Retail Portion
50% (Number of Retail Applications: 51,222 Approx),(Number of S-HNI Applications : 488 Approx),
(Number of B-HNI Applications : 975 Approx)
Subscription
18.26 timesPyramid 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 |
Pyramid Technoplast Limited Valuations
Earnings Per Share (EPS)
₹10.24/-P/E Ratio
16.21RoNW
29.61%Net Asset Value (NAV) - As on 31.03.22
₹N/APyramid Technoplast Limited Company Financials All values are 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 The 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 - Peers Comparison
P/B Ratio | P/E Ratio | RoNW | Net Worth | |
---|---|---|---|---|
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 |
Pyramid Technoplast Limited - Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 74.94%
Company Promoter(s)
- Bijaykumar Agarwal
- Jaiprakash Agarwal
- Pushpa Devi Agarwal
- Madhu Agarwal
- Yash Synthetics Private Limited
- Credence Financial Consultancy LLP
Pyramid Technoplast Limited IPO - Issue Objectives
- Repayment and/or pre-payment, in full or part, of certain outstanding borrowings availed by the company
- Funding working capital requirements of the company
- General corporate purposes.
Pyramid Technoplast Limited IPO - Anchor Investors
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 - FAQs
Ans. Pyramid Technoplast Limited IPO is a Mainboard IPO. The issue is priced at ₹151-166 per equity share. The minimum order quantity is 90 Shares. The IPO opens on Aug 18, 2023, and closes on Aug 22, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Pyramid Technoplast Limited IPO opens on Aug 18, 2023 and closes on Aug 22, 2023.
Ans. The size of Pyramid Technoplast Limited IPO is 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).
Ans. The IPO price band is set between ₹151-166 per equity share.
Ans. To apply for Pyramid Technoplast Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Pyramid Technoplast Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Pyramid Technoplast Limited IPO is Aug 25, 2023.
Ans. The Pyramid Technoplast Limited IPO will be listed on Aug 29, 2023.
Ans. Follow the steps to check the allotment status for Pyramid Technoplast Limited IPO here.