
Packaging & Materials · NSE / BSE
Incorporated in 1997, Pyramid Technoplast Limited manufactures polymer-based drums and containers used mainly by chemical, agrochemical, specialty chemical and pharmaceutical companies for packaging and transportation. The company started commercial production in 1998 and today operates 6 manufacturing units—four in Bharuch, Gujarat and two in Silvassa, Dadra & Nagar Haveli—with a seventh plant under construction in Bharuch. The company produces Polymer Drums, Intermediate Bulk Containers (IBC) and MS Drums with a combined installed capacity across categories. Pyramid Technoplast has UN certification for IBC and MS Drums and its units are ISO 9001, ISO 14001 and ISO 45001 certified for quality, environment, health and safety.
Price Band
₹151 – ₹166
Issue Size
₹153 Cr
Lot Size
90 shares
GMP
+15.1%
Est. Listing
₹191
at current GMP
Subscribed
18.29x
overall
Open
18 Aug 2023
Close
22 Aug 2023
Allotment
24 Aug 2023
Refund
25 Aug 2023
Demat Credit
26 Aug 2023
Listing
29 Aug 2023
Designated Registrar: Bigshare Services Private Limited
Allotment Date
24 Aug 2023
Basis finalization
Refunds Initiate
25 Aug 2023
Mandate release
Demat Credit
26 Aug 2023
Shares in demat
Listing Debut
29 Aug 2023
Trading begins
Pyramid Technoplast Limited is bringing an initial public offering (IPO) in the Packaging & Materials sector with an aggregate issue size of ₹153.05 Crores. The shares are offered at a price band of ₹151 to ₹166 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 90 shares (approx. ₹14,940 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-08-26, while un-allotted funds or UPI block mandates will be released on 2023-08-25.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.