Pyramid Technoplast Limited IPO

Mainboard

Packaging

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

₹ 14940 /90 Shares

Check Allotment

Price Summary

Last Closing

189.26 (14.01%)

52 Week High

258.99

52 Week Low

134.40

Last Update

22-Nov-2024 3:30 PM

Pyramid Technoplast Limited IPO Details

18 Aug, 2023

Open Date

22 Aug, 2023

Close Date

25 Aug, 2023

Allotment Date

29 Aug, 2023

Listing Date

Issue Price

₹151-166 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Bigshare Services Pvt Ltd

List Price

187.0(NSE)

Listing Date

2023-08-29

Market 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 Ltd
First 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 times

IPO Docs

DRHP RHP ANCHOR

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

Total No. of Applications: 7,31,401 (Approx)

Retail Subscription on the basis of Applications: 14.28 times

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 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.

	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

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 - 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.