Pyramid Technoplast IPO GMP Today ( Grey Market Premium )

Pyramid Technoplast IPO GMP Today

The Pyramid Technoplast IPO commenced on August 18, 2023, and concluded on August 22, 2023. The allotment of shares took place on August 25, 2023, and the initiation of refunds began on August 28, 2023. The shares were credited to the demat accounts of investors on August 29, 2023. Finally, the listing of Pyramid Technoplast on the stock exchange occurred on August 30, 2023.

The Pyramid Technoplast IPO was priced at ₹151 to ₹166 per share, with a lot size of 90. The total issue size was ₹153.05 crores, comprising a fresh issue of 153.05 crores. The IPO was listed on both the NSE and BSE.

In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 20% of the shares, the NII (Non-Institutional Investors) quota was reserved for 30% of the shares, and the retail quota was reserved for 50% of the shares.

Pyramid Technoplast IPO Basic Details

Company NamePyramid Technoplast Limited
Domain of CompanyPolymer-Based Molded Products,
Particularly Polymer Drums
Pyramid Technoplast IPO GMP Today₹22
Pyramid Technoplast IPO Listing Gain13.25%
Pyramid Technoplast IPO Open DateAugust 18, 2023
Pyramid Technoplast IPO Close DateAugust 22, 2023
Pyramid Technoplast IPO Allotment DateAugust 25, 2023
Pyramid Technoplast IPO Listing DateAugust 30, 2023
Face Value₹10 per share
Price₹151 to ₹166 per share
Lot Size90 Shares
Issue Size9,220,000 shares of ₹10
(aggregating up to ₹153.05 Cr)
Fresh Issue9,220,000 shares of ₹10
(aggregating up to ₹91.30 Cr)
Offer for Sale3,720,000 shares of ₹10
(aggregating up to ₹61.75 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE, BSE
Company PromotersBijaykumar Agarwal, Jaiprakash Agarwal,
Yash Synthetics Private Limited,
Credence Financial Consulatncy Llp,
Pushpa Devi Agarwal And Madhu Agarwal

Pyramid Technoplast IPO GMP Today:

DateGMPListing GainKostakSubject to
28 August 2023₹2213.25%
27 August 2023₹2213.25%
26 August 2023₹2213.25%
25 August 2023₹2213.25%
24 August 2023₹2112.65%
23 August 2023₹2112.65%
22 August 2023₹2112.65%
21 August 2023₹2112.65%
20 August 2023₹2816.87%
19 August 2023₹2816.87%
18 August 2023₹2515.06%
17 August 2023₹2515.06%
16 August 2023₹2414.46%
15 August 2023₹2414.46%
14 August 2023₹1911.45%

Pyramid IPO Details:

Established in 1997, Pyramid Technoplast Limited specializes in creating polymer-based molded products, particularly Polymer Drums, catered to the packaging needs of chemical, agrochemical, specialty chemical, and pharmaceutical companies.

The company produces polymer-based large-scale packaging drums, Intermediate Bulk Containers (IBC), and also manufactures MS Drums designed for safely transporting chemicals, agrochemicals, and specialty chemicals.

Commencing its commercial operations in 1998, Pyramid Technoplast now operates six manufacturing facilities. Four of these are located in Bharuch, GIDC, Gujarat, while the remaining two are situated in Silvassa, UT of Dadra and Nagar Haveli. The Polymer Drum manufacturing units have a combined installed capacity of 20,612 metric tons per annum (MTPA), the IBC manufacturing unit can produce up to 12,820 MTPA, and the MS Drums unit has a capacity of 6,200 MTPA. Additionally, the company is currently in the process of constructing its seventh manufacturing unit, also set to be located in Bharuch, GIDC, Gujarat.

Pyramid Technoplast has secured UN certification, in line with the safety regulations set forth by the United Nations Recommendation for IBC and MS Drums. The company’s manufacturing units boast ISO certifications, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, attesting to their adherence to rigorous quality, environmental, health, and safety management standards. Furthermore, the MS Drums conform to the quality benchmarks specified by IS 1783:2014 (Part 1 and 2) established by the Bureau of Indian Standards.

Pyramid Technoplast IPO More Details Click Here

Pyramid Technoplast IPO FAQs

When is Pyramid Technoplast IPO open?

Pyramid Technoplast IPO will open on 18 August 2023.

When is Pyramid Technoplast IPO Close?

Pyramid Technoplast IPO will be closed on 22 August 2023.

What is Pyramid Technoplast IPO GMP Today?

The Pyramid Technoplast IPO GMP aka Grey Market Premium is ₹22.

What is Pyramid Technoplast IPO Kostak Rates Today?

The Pyramid Technoplast IPO Kostak Rate is ₹000.

What is Pyramid Technoplast IPO Subject to Sauda Price Today?

The Pyramid Technoplast IPO subject to sauda rates is ₹000.

Pyramid Technoplast IPO Expected Returns?

The Pyramid Technoplast expected return is 13.25%.

How much will be the listing gain in Pyramid Technoplast IPO?

Pyramid Technoplast IPO will get listing gain of 13.25%. (Approx.)

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