PYRAMID TECHNOPLAST (MAINBOARD)
August 18, 2023 – August 22, 2023
| Price | ₹151 - ₹166 |
| Premium | ₹25 |
|---|---|
| Lot size | 90 |
| Allotment | Aug 24, 2023 |
| Listing | Aug 29, 2023 |
Pyramid Technoplast Limited
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/
Last Updated as on 22-Aug-2023 19:00:00
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 11,06,400 | 1,10,01,330 | 9.94 |
| HNIs | 18,44,000 | 5,94,41,400 | 32.24 |
| HNIs (10+L) | 12,29,333 | 4,15,59,750 | 33.81 |
| HNIs (2-10L) | 6,14,667 | 1,78,81,650 | 29.09 |
| Retail | 46,10,000 | 6,78,43,710 | 14.72 |
| Total | 75,60,400 | 13,82,86,440 | 18.29 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 90 | 14940 | 0 |
| sHNI | 14 | 1260 | 209160 | 0 |
| bHNI | 67 | 6030 | 1000980 | 0 |
| Category | Retail | sHNI | bHNI |
|---|---|---|---|
| Min Shares | 90 | 1260 | 6030 |
| Min Amount | 14940 | 209160 | 1000980 |
| Application Reserved | 51222 | 488 | 975 |
| Subject 2 | |||
| FIX |
Incorporated in 1997, 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 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.
| Total Issue Size | 9,220,000 shares (aggregating up to ₹153.05 Cr) |
|---|---|
| Fresh Issue | 5,500,000 shares (aggregating up to ₹[.] Cr) |
| Offer for Sale | 3,720,000 shares of ₹10 (aggregating up to ₹[.] 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 |
Company Financials
| Period | Mar 2021 | Mar 2022 | 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 |
| Amount in ₹ Crore | |||
Pyramid Technoplast IPO Lead Manager(s)
- Pnb Investment Services Ltd
- First Overseas Capital Limited