What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Pyramid Technoplast Limited IPO?

Based on the upper price band of ₹166 and current GMP of ₹25, the estimated listing price is ₹191 (approx. 15.1% gain).

What is the expected profit per lot for Pyramid Technoplast Limited IPO?

With a lot size of 90 shares and current GMP of ₹25, expected profit per retail application lot is approximately ₹2,250.

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Grey Market Intelligence

Pyramid Technoplast Limited

ListedMainboard

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

₹25

+15.1%

Est. Listing

₹191

at current GMP

Subscribed

18.29x

overall

Open

18 Aug 2023

22 Aug 2023

Allotment

24 Aug 2023

Refund

25 Aug 2023

Demat Credit

26 Aug 2023

Listing

29 Aug 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Pyramid Technoplast Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹25+15.1%

Issue Price (Upper)

₹166

Band: ₹151 – ₹166

Estimated Listing Price

₹191

Upper price + GMP

Lot Size

90 shares

Min investment ₹14,940

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹25	15.1%	₹191
30 Oct 2026	+₹25	15.1%	₹191
29 Oct 2026	+₹23	13.6%	₹189

About Pyramid Technoplast Limited Public Issue & Market Profile

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.

Public Issue & Pricing Context:

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.

Basis of Allotment & Listing Timeline:

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.

Frequently Asked Questions

What is Pyramid Technoplast Limited IPO GMP today?

The latest grey market premium for Pyramid Technoplast Limited IPO is ₹25, which indicates an expected listing price of ₹191.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.