Pyramid Technoplast IPO Details 

Open Date

18 August 2023

22 August  2023

90 shares

Rs. 153.05 Cr

Lot Size

IPO Size

Listing At

BSE, NSE

Listing  Date

Price Range

₹151 to ₹166  per share

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Close Date

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Allotment Date

25 August 2023

30 August 2023

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Pyramid Technoplast Limited, founded in 1997, makes polymer-based molded products (Polymer Drums) that are primarily used for packaging by chemical, agrochemical, specialty chemical, and pharmaceutical firms.

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 General corporate purposes.

Objective

The book-running lead managers to the offer are: Pnb Investment Services Ltd  First Overseas Capital Ltd