Pyramid Technoplast IPO Date, Price, Review
Pyramid Technoplast IPO: Know everything about Pyramid Technoplast IPO. Pyramid Technoplast Limited IPO Date, Pyramid Technoplast IPO Review and analysis. We will discus about Pyramid Technoplast IPO Benefits & Risks. Also, all information related to Pyramid Technoplast IPO like price band, all important dates, issue size, Brockrage Review, and retail quota etc.
Pyramid Technoplast IPO
Pyramid Technoplast Limited is an Indian company engaged in the manufacturing and distribution of plastic-based products and solutions. Pyramid Technoplast Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 153.05 crore through IPO (Initial public offering).
Pyramid Technoplast IPO will open on 18 August 2023 and close on 22 August 2023. The price band of the Pyramid Technoplast IPO is ₹151 to ₹166. Pyramid Technoplast IPO size is 153.05 Crores. The offer includes 91.30 Crores under fresh issue and 61.75 Crores under offer for sale. Pyramid Technoplast IPO QIB quota is 30%, NII quota is 20% and RII quota is 50%. Pyramid Technoplast IPO listing date is 30 August 2023. You can learn about Pyramid Technoplast IPO GMP (Grey Market Premium) below.
The Pyramid Technoplast has given good financial performance. The company made a profit of ₹31.76 crores in the financial year 2023 (March 2023). The IPO of Pyramid Technoplast will be listed on NSE and BSE. Pyramid Technoplast IPO face value is ₹10 per equity share.
We will talk about Pyramid Technoplast Limited's financials, benefits, and risks of investing in the company.
About Pyramid Technoplast Limited
Pyramid Technoplast Limited operates in various industries, including packaging, automotive, and infrastructure. Pyramid Technoplast Limited produces a range of plastic products and solutions. These products may include plastic containers, crates, drums, jerry cans, industrial packaging materials, and various plastic components used in automotive and infrastructure applications.
The company provides packaging solutions for industries such as chemicals, pharmaceuticals, food, and more. Its products are designed to meet different packaging needs, including transportation, storage, and protection of goods.
Pyramid Technoplast may manufacture plastic components used in the automotive industry. These components can include interior and exterior parts, such as bumpers, panels, and other plastic accessories.
The company might produce plastic-based products used in infrastructure projects, such as pipes, sheets, and other materials used in construction and civil engineering. Pyramid Technoplast likely adheres to industry quality standards to ensure the reliability and durability of its products. Quality control measures are important in the production of plastic products to meet customer expectations and regulatory requirements.
Pyramid Technoplast's products may cater to a diverse customer base across different industries. This diversification can help stabilize revenue streams by reducing dependency on a single market segment. The company might emphasize sustainability by focusing on environmentally friendly materials, recycling practices, and reducing the environmental impact of its operations.
Purpose of the offer
- To prepay/repay all or a part of the dues raised by the company.
- To finance capital expenditure requirements.
- To meet general corporate objectives.
Pyramid Technoplast IPO Date and Price Band Details
| IPO Open: | 18 August 2023 |
| IPO Close: | 22 August 2023 |
| Listing Date: | 30 August 2023 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹153.05 crores |
| Fresh Issue: | Approx ₹91.30 crores |
| Offer For Sale: | Approx ₹61.75 crores |
| Price Band: | ₹151 to ₹166 per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 30% |
| Retail Portion: | 50% |
| NII Portion: | 20% |
| Employee Res: | Not Disclosed |
Pyramid Technoplast IPO Lot Size Details
| Application | Lot | Share | Amount |
| Retail (Min) | 01 | 90 | 14,940 |
| Retail (Max) | 13 | 1170 | 194,220 |
| S-HNI (Min) | 14 | 1,260 | 209,160 |
| S-HNI (Max) | 66 | 5,940 | 986,040 |
| B-HNI (Min) | 67 | 6,030 | 100,980 |
Pyramid Technoplast IPO Open, Close, Allotment, and Listing Date
| Ipo Opening Date: | 18 August 2023 |
| IPO Closing Date: | 22 August 2023 |
| Basis of Allotment: | 25 August 2023 |
| Refund Date: | 28 August 2023 |
| Credit to Demat Account: | 29 August 2023 |
| Listing Date: | 30 August 2023 |
Pyramid Technoplast IPO Review
| Happiest Post | Apply (Long-term) |
| Dilip Davda | Apply |
| Angle One | Not Rated yet |
| Axis Capital | Not Rated yet |
| HDFC Securities | Not Rated yet |
| ICICI Direct | Not Rated yet |
| Kotak Securities | Not Rated yet |
| Motilal Oswal | Not Rated yet |
| Sharekhan | Not Rated yet |
You can also check the latest IPO subscription status and IPO allotment status of Pyramid Technoplast IPO on our website.
Pyramid Technoplast Ipo Rating
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- Pyramid Technoplast has a wide range of plastic products catering to different industries, it can benefit from multiple revenue streams and reduce its dependence on a single market segment.
- Companies in the manufacturing sector often benefit from steady industrial demand. If Pyramid Technoplast's products are integral to the packaging, automotive, and infrastructure industries, it could experience consistent demand.
- Manufacturing companies that invest in research and development to improve existing products and develop new materials tend to stay competitive and adapt to changing market needs.
- An increasing emphasis on environmental sustainability and regulations related to plastic usage could provide opportunities for Pyramid Technoplast to develop eco-friendly products and contribute to sustainability efforts.
- The company has a strong market presence and customer relationships, it can leverage these factors for continued growth and market share expansion.
Risks
- The manufacturing sector can be competitive, with various players vying for market share. Pyramid Technoplast may face competition from both domestic and international manufacturers.
- Fluctuations in the costs of raw materials, especially plastic resins, can impact the company's profitability.
- Manufacturing companies are often sensitive to economic fluctuations. Economic downturns can impact industrial demand for plastic products, affecting the company's revenue.
- Regulations related to plastics, packaging, and environmental standards can impact the company's operations and cost structure.
- Manufacturing involves complex processes, supply chain management, and quality control. Operational challenges can impact production efficiency and product quality.
- The market's perception of the plastic industry's environmental impact could affect investor sentiment and the company's reputation.
Pyramid Technoplast Ltd Financials
Pyramid Technoplast Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| - | ₹- | ₹- | ₹ |
| 2021 | ₹153.46 | ₹316.18 | ₹16.99 |
| 2022 | ₹183.76 | ₹402.64 | ₹26.15 |
| 2023 | ₹225.78 | ₹482.03 | ₹31.76 |
Promoters
- Bijaykumar Agarwal
- Jaiprakash Agarwal
- Yash Synthetics Private Limited
Contact Details of Pyramid Technoplast
Office No.2, 2nd Floor, Shah Trade Centre, Rani Sati Marg,
Near W.E. Highway, Malad (East), Mumbai 400 097,
Maharashtra, India
Telephone: +91 22 42761547
E-mail: cs@pyramidtechnoplast.com
Website:www.pyramidtechnoplast.com
Pyramid Technoplast Lead Managers
- FIRST OVERSEAS CAPITAL LIMITED
- PNB INVESTMENT SERVICES LIMITED
Pyramid Technoplast IPO Registrars
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Telephone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website:www.bigshareonline.com
Conclusion
There are some good and some bad things in the company. Looking at the financial position of the company, the track record has been good. In the financial year 2023, the company had a profit of Rs 31.76 crore. Our suggestion is that you can Apply for long-term in the Pyramid Technoplast Limited IPO. Pyramid Technoplast Limited IPO financial details and other information are given above.
Pyramid Technoplast IPO FAQs
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