Pyramid Technoplast Limited, Established in 1997, specializes in the production of polymer-based molded products, notably Polymer Drums, catered to chemical, agrochemical, specialty chemical, and pharmaceutical industries’ packaging needs.
The company’s portfolio includes polymer-based bulk packaging drums, Intermediate Bulk Containers (IBC), and MS Drums designed for the packaging and transportation of chemicals.
Pyramid Technoplast commenced commercial operations in 1998 and currently operates six manufacturing units. Four units are located in Bharuch, GIDC, Gujarat, while two are in Silvassa, UT of Dadra and Nagar Haveli. The total installed capacity of their manufacturing units includes 20,612 MTPA for Polymer Drums, 12,820 MTPA for IBCs, and 6,200 MTPA for MS Drums. Additionally, they are constructing a seventh unit in Bharuch, GIDC, Gujarat.
The company holds UN certification conforming to safety standards for IBC and MS Drums. Their manufacturing units are certified for quality, environment, health, and safety management systems, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. The MS Drums meet quality standards as per IS 1783:2014 (Part 1 and 2) by the Bureau of Indian Standards.
Pyramid Technoplast Limited IPO Details #
Pyramid Technoplast IPO is a Book Built Issue. The IPO total issue size is Rs 153.05 Cr. The Pyramid Technoplast IPO price is ₹151 to ₹166 per share. The IPO will list on BSE, NSE.
| IPO Date | Aug 18, 2023 to Aug 22, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹151 to ₹166 per share |
| Lot Size | 90 Shares |
| Total Issue Size | 9,220,000 shares (aggregating up to ₹153.05 Cr) |
| Fresh Issue | 5,500,000 shares (aggregating up to ₹91.30 Cr) |
| Offer for Sale | 3,720,000 shares of ₹10 (aggregating up to ₹61.75 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 31,284,800 |
| Share holding post issue | 36,784,800 |
Pyramid Technoplast IPO Reservation #
| QIB Shares Offered | Not more than 30.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 20.00% of the Offer |
| Retail Shares Offered | Not less than 50.00% of the Offer |
Pyramid Technoplast IPO Timetable (Tentative) #
Pyramid Technoplast IPO opens on Aug 18, 2023, and closes on Aug 22, 2023.
| IPO Open Date | Friday, 18 August 2023 |
| IPO Close Date | Tuesday, 22 August 2023 |
| Basis of Allotment | Friday, 25 August 2023 |
| Initiation of Refunds | Monday, 28 August 2023 |
| Credit of Shares to Demat | Tuesday, 29 August 2023 |
| Listing Date | Wednesday, 30 August 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 22, 2023 |
Pyramid Technoplast IPO Lot Size #
The minimum lot size of this Pyramid Technoplast IPO is 90 shares required is ₹14,940.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 90 | ₹14,940 |
| Retail (Max) | 13 | 1170 | ₹194,220 |
| S-HNI (Min) | 14 | 1,260 | ₹209,160 |
| S-HNI (Max) | 66 | 5,940 | ₹986,040 |
| B-HNI (Min) | 67 | 6,030 | ₹1,000,980 |
| Lot Size Calculator | |||
Pyramid Technoplast IPO Promoter Holding #
Bijaykumar Agarwal, Jaiprakash Agarwal, Pushpa Devi Agarwal, Madhu Agarwal, Yash Synthetics Private Limited, and Credence Financial Consultancy LLP are the company’s promoters.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 74.94% |
Company Financials #
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 153.46 | 183.76 | 225.78 |
| Revenue | 316.18 | 402.64 | 482.03 |
| Profit After Tax | 16.99 | 26.15 | 31.76 |
| Net Worth | 48.85 | 75.20 | 107.25 |
| Reserves and Surplus | 44.94 | 71.29 | 75.97 |
| Total Borrowing | 51.30 | 64.77 | 55.34 |
Key Performance Indicator #
Pyramid Technoplast IPO Market Cap is Rs 611 Cr and P/E (x) is 16.21.
| KPI | Values |
|---|---|
| P/E (x) | 16.21 |
| Market Cap (₹ Cr.) | 611 |
| ROE | 29.61% |
| ROCE | 21.37% |
| EPS (Rs) | 10.24 |
| RoNW | 29.61% |
Objects of the Issue #
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Repayment and/or pre-payment, in full or part, of certain outstanding borrowings availed by the company,
- Funding working capital requirements of the company, and
- General corporate purposes.
Pyramid Technoplast IPO Prospectus #
- › Pyramid Technoplast IPO DRHP
- › Pyramid Technoplast IPO RHP
Company Contact Information #
Office No.2, 2nd Floor, Shah Trade Centre,
Rani Sati Marg, Near W.E Highway,
Malad (East), Mumbai – 400 097
Phone: +91 22 4276 1547
Email: cs@pyramidtechnoplast.com
Website: https://pyramidtechnoplast.com/
Pyramid Technoplast IPO Registrar #
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Pyramid Technoplast IPO Lead Manager(s) #
- Pnb Investment Services Ltd (Past IPO Performance)
- First Overseas Capital Limited (Past IPO Performance)
FAQs #
What is the price range of Pyramid Technoplast IPO shares? #
The price range for Pyramid Technoplast IPO shares is ₹151 to ₹166 per share.
When is the IPO subscription period for Pyramid Technoplast? #
The Pyramid Technoplast IPO subscription period is from August 18, 2023, to August 22, 2023.
Where will the Pyramid Technoplast IPO be listed? #
The IPO shares will be listed on both BSE and NSE.
What type of IPO is Pyramid Technoplast IPO? #
Pyramid Technoplast IPO is a Book Building IPO.
How long does the IPO share allotment process take? #
The IPO share allotment process takes 6 working days from the issue closing date.
What is the listing date for Pyramid Technoplast IPO? #
The listing date for Pyramid Technoplast IPO is yet to be announced.
What is the meaning of a Book Building IPO? #
A Book Building IPO is a process in which the price range for the IPO is determined by investor demand.
Can I check the allotment status for Pyramid Technoplast IPO? #
Yes, you can check the allotment status for Pyramid Technoplast IPO on their website.
