Pyramid Technoplast Limited IPO
₹151 - ₹166
90
18.29
| Open Date: | 18-Aug-2023 |
| Close Date: | 22-Aug-2023 |
| Allotment Date: | 25-Aug-2023 |
| Listing Date: | 29-Aug-2023 |
| Listing Price: | ₹202.8/- |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹151-166 Per Equity Share |
| Issue Size: | Total Issue Size 9,220,000 shares (aggregating up to ₹153.05 Cr) : Fresh Issue 5,500,000 shares (aggregating up to ₹91.30 Cr) : Offer for Sale 3,720,000 shares of ₹10 (aggregating up to ₹61.75 Cr) |
| Market Lot (Min Amount): | Retail - ₹14,940 : S-HNI - ₹209,160 : B-HNI - ₹1,000,980 |
As on | QIB | Nll | Rll | Total |
|---|---|---|---|---|
| Shares Offered/Reserved | 1,106,400 | 1,844,000 | 4,610,000 | 7,560,400 |
| Day 1 - 22-11-23 05:00 PM | 1.27x | 1.07x | 1.95x | 1.63x |
| Day 2 - 23-11-23 05:00 PM | 1.49x | 6.74x | 6.59x | 5.88x |
| Day 3 - 24-11-23 05:00 PM | 9.94x | 32.24x | 14.72x | 18.29x |
| Total No. of Application: | 7,31,756 (Approx.) | |||
| Retail Subscription on the basis of Apps: | 14.29x | |||
| Earning Per Share(EPS) | ₹10.24/- |
| P/E Ratio | 16.21 |
| RoNW | 29.61% |
| Net Asset Value (NAV) - Post Issue: | ₹N/A/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Mar,2023 | 225.78 | 482.03 | 31.76 |
| 31 Mar,2022 | 183.76 | 402.64 | 26.15 |
| 31 Mar,2021 | 153.46 | 316.18 | 16.99 |
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 74.94% |
| 1. Bijaykumar Agarwal |
| 2. Jaiprakash Agarwal |
| 3. Pushpa Devi Agarwal |
| 4. Madhu Agarwal |
| 5. Yash Synthetics Private Limited |
| 6.Credence Finacial Consultancy LLP |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Repayment and/or pre-payment, in full or part, of certain outstanding borrowings availed by the company,
- Funding working capital requirements of the company, and
- General corporate purposes.
Incorporated in 1997, Pyramid Technoplast Limited manufactures polymer-based molded products (Polymer Drums) mainly used by chemical, agrochemical, specialty chemical, and pharmaceutical companies for their packaging requirements.
The company manufactures polymer-based bulk packaging drums and Intermediate Bulk Containers (IBC), as well as MS Drums for packaging used in the packaging and transport of chemicals, agrochemicals, and specialty chemicals.
Pyramid Technoplast started its commercial production in 1998 and now has over 6 manufacturing units out of which four are situated in Bharuch, GIDC, Gujarat, and two are situated at Silvassa, UT of Dadra and Nagar Haveli. The total installed capacity of their Polymer Drum manufacturing units is 20,612 MTPA, the total installed capacity of the IBC manufacturing unit is 12,820 MTPA and the total installed capacity of the MS Drums unit is 6,200 MTPA. The company is in the process of constructing its seventh manufacturing unit which will also be situated in Bharuch, GIDC, Gujarat.
The company has obtained UN certification outlined by United Nations Recommendation for IBC and MS Drums to meet safety levels. The manufacturing units are ISO 9001:2015/ ISO 14001:2015/ISO 45001:2018 certified by quality, environment, health, and safety management systems for the manufacture of Polymer Drums, carboys, jerry cans, IBC & MS Drums and accessories, and their MS Drums meet the quality standards as per IS 1783:2014 (Part 1 and 2) laid down by Bureau of Indian Standards.
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Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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