Pyramid Technoplast Limited IPO
Pyramid Technoplast Limited was a mainboard IPO in the Packaging sector, offered at ₹151–₹166 per share to raise ₹122 crore. The issue was subscribed 18.29× overall (QIBs 9.94×, NIIs 32.24×, retail 14.72×). It listed on 29 Aug 2023 at ₹187 and closed its first day at ₹178, a listing gain of +7.0% versus the ₹166 issue price. It now trades around ₹147 (-11.2% versus the issue price).
Frequently asked questions
- How many times was the Pyramid Technoplast Limited IPO subscribed?
- The Pyramid Technoplast Limited IPO was subscribed 18.29× overall — 9.94× in the QIB category, 32.24× among non-institutional investors, 14.72× in retail.
- What were the Pyramid Technoplast Limited IPO listing gains?
- Pyramid Technoplast Limited listed on 29 Aug 2023 at ₹187, closing its first day at ₹178 — a listing gain of +7.0% versus the ₹166 issue price.
- What were the retail allotment odds for the Pyramid Technoplast Limited IPO?
- Retail was subscribed 14.72×, so a single-lot application had roughly a 6.8% chance of allotment (about 1 in 15), and allotment was finalised on 23 Aug 2023.
- What was the price band and lot size of the Pyramid Technoplast Limited IPO?
- The price band was ₹151–₹166 per share, with a minimum lot of 90 shares (₹14,940 at the upper band).
- Who were the registrar and lead manager for the Pyramid Technoplast Limited IPO?
- Bigshare Services Private Limited was the registrar, and PNB Investment Services AND First Overseas Capital was the book-running lead manager.