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 current subscription status of Pyramid Technoplast Limited IPO?

Pyramid Technoplast Limited IPO has received a total subscription of 18.29 times overall.

IPO GreyPremiumLIVE

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

18.29x

Total Demand

QIB Multiplier

9.94x

Institutions & Funds

NII / HNI

32.24x

High Net-Worth

Retail (RII)

14.72x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 18.29x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	1,106,400	11,001,330	9.94x
NIB	1,844,000	59,441,400	32.24x
HNIs(10L +)	1,229,333	41,559,750	33.81x
HNIs (2-10L)	614,667	17,881,650	29.09x
RETAIL	4,610,000	67,843,710	14.72x
Total	9,404,400	197,727,840	18.29x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 15.35x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	35,855	527,786	14.72x
HNIs (10L +)	229	7,383	32.24x
HNIs (2-10L)	1,098	35,400	32.24x
Total Applications	37,182	570,569	15.35x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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 Schedule:

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 (GMP) for Pyramid Technoplast Limited IPO is ₹25 per equity share. Based on the upper price band of ₹151 to ₹166 per equity share, the estimated listing price is ₹191 (+15.1% expected listing 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, the expected profit per application lot is approx ₹2,250 (+15.1% gain). Minimum application cost is approx ₹14,940.

What is the issue size and price band for Pyramid Technoplast Limited IPO?

The Pyramid Technoplast Limited IPO aggregate issue size is ₹153.05 Crores with an equity price band set at ₹151 to ₹166 per equity share. The retail lot size is 90 shares requiring a minimum capital outlay of approx. ₹14,940.

How can I check Pyramid Technoplast Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 18.29x (Retail: 14.72x, QIB: 9.94x, NII: 32.24x). You can track live multiples directly on our dedicated subscription page.

Where and when will Pyramid Technoplast Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-08-24. Investors can verify status using PAN card or application number.

When is the listing date for Pyramid Technoplast Limited IPO?

Pyramid Technoplast Limited shares are scheduled to list on NSE and BSE on 2023-08-29.