-- / 90 shares
IPO Details
Issue Date
--
Investment/lot
--
Price Range
166
Lot Size
90
IPO Size
₹ 153.05 Cr
IPO Listing Details
Listing On
29 Aug'23
Issue Price
--
Listed Price
₹ 187
Retail Gain/Listing Gain
▲12.65%
IPO Timeline
Company Background
Pyramid Technoplast Ltd. 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.
The company is one of the leading manufacturers of rigid Intermediate Bulk Containers (IBC) in India, manufacturing IBCs with a capacity of 1,000 litres (Source: Marketysers Report). IBCs are heavy-duty containers designed for efficiently handling, transporting, and storing liquids, semi-solids, pastes, or solids.
Pyramid Technoplast has also obtained UN certification for IBC and MS Drums to meet safety levels outlined by United Nations Recommendations on the Transport of Dangerous Goods, in order to transport them safely by road, rail, sea and air.
With that, let's take a look at the competitive strengths and risk factors for Pyramid Technoplast Ltd:
Risk Factors
- The implementation of proposed expansion plans is crucial in avoiding adverse financial conditions.
- Any change in government policies or quality norms will negatively affect operations.
- Unsecured loans of ₹205.39 Lakh can be recalled by lenders at any time.
Key Strategies
- Expanding existing facilities.
- Explore organic growth opportunities to increase capacity and business.
- Exploit industry opportunities arising out of the current geopolitical situation and government policies.
Pyramid Technoplast Ltd
Here are the key financials for Pyramid Technoplast Ltd.
Particulars (in Rs. million)
Particulars (in Rs. million)
How to apply for IPO through ASBA
Kotak Securities
•00m 58 s
How to apply for an IPO using UPI
Kotak Securities
•01m 19s
How to apply for an IPO using UPI
Pyramid Technoplast Ltd IPO FAQs
When is Pyramid Technoplast Ltd IPO listing date?
Pyramid Technoplast Ltd will list on 2023-08-29.
What is the issue size of Pyramid Technoplast Ltd IPO?
153.05 is the issue size of Pyramid Technoplast Ltd IPO.
What is the price band of the Pyramid Technoplast Ltd IPO?
The price band of Pyramid Technoplast Ltd IPO is ₹166 to ₹0.
What is Pyramid Technoplast Limited IPO?
The Pyramid Technoplast Limited IPO has an issue size of Rs. 153.05 crores. The IPO opens for subscription on 18th August and ends on 22nd August 2023.
Who is the Registrar of Pyramid Technoplast Limited IPO?
Bigshare Services Private Limited is the registrar for this IPO.
Where can I read more about Pyramid Technoplast Limited’s business?
You can read more about Pyramid Technoplast Limited and its IPO from the company’s red herring prospectus (RHP) here:
