Everything you need to know about the Pyramid Technoplast Limited IPO

Incorporated in 1997, Pyramid Technoplast Limited (PT) manufactures polymer based molded products (Polymer Drums) used by chemical, agrochemical, and pharmaceutical companies for packaging.

  • PT is one of the leading manufacturers of rigid Intermediate Bulk Containers (IBC) in India (IBCs are industrial-grade containers engineered for the mass handling, transport, and storage.)

  • PT also manufactures Mild Steel Drums (MS Drums) used in the packaging and transport of chemicals.

These products are marketed and sold under the brand name “Pyramid”. Presently they have 6 manufacturing facilities and are constructing another one.

Their products are ISO certified and have obtained a UN certification for IBC and MS Drums to meet safety levels outlined by the UN Recommendations on the Transport of Dangerous Goods, in order to transport them safely.

Objects of the offer

Repayment of outstanding borrowings, working capital and general corporate purposes

Financial Snapshot (Rs in Cr)

Period Ended Revenue from operations EBIDTA PAT EPS ROE
March 31, 2023 480 51.83 31.76 10.24 29.61%
March 31, 2022 400.42 44.43 25.15 8.43 34.77%
March 31, 2021 313.50 32.5 16.99 5.41 34.79%

For more information, you can check the IPO Prospectus filed by the company :point_down:

Important information regarding the IPO

Issue Period 18th August - 22nd August 2023
Price Band ₹ 151-166
Minimum Bid Quantity 90 and multiples thereof
Face Value ₹ 10
Number of Shares 9,220,000 shares
Issue size ₹ 153.05 Cr
Date of Allotment 25th August, 2023
Initiation of Refund 28th August, 2023
Credit of shares 29th August, 2023
Date of Listing 30th August, 2023
Mandate end date 6th September, 2023
Anchor Investors Lock-in End Date 21st September, 2023

How do I apply for the Pyramid Technoplast Limited IPO?

You can apply for it using any supported UPI app by following two steps:

  • Enter your bid on Kite
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for the Pyramid Technoplast Limited IPO?

You can check the allotment status on the website of the Registrar and Transfer agent .

Alternatively, you can also check the allotment status on the NSE website .