Pyramid Technoplast Limited

Company Profile
Company Name Pyramid Technoplast Limited
Open Date 18-08-2023
Close Date 22-08-2023
Exchange NSE, BSE
Lot Size 90 Shares
Issue Price ₹ 151 - ₹ 166 per share
Issue Size 9,220,000 Equity Shares
Application Amount Min. Inv. - ₹ 14,940 (90 shares) Max. Inv. - ₹ 1,94,220 (1,170 shares)
Recommendation Apply

Company is in to industrial packaging company engaged in the business of manufacturing polymer based
molded products (Polymer Drums) mainly used by chemical, agrochemical, speciality chemical and
pharmaceutical companies for their packaging requirements. Company is one of the leading manufacturers
of rigid Intermediate Bulk Containers (IBC) in India manufacturing 1,000 litre capacity IBC (Source:
Marketysers Report). IBCs are industrial-grade containers engineered for the mass handling, transport, and
storage of liquids, semi-solids, pastes, or solids. Rigid IBCs are manufactured across a volume range which
is in between that of standard shipping drums and intermodal tank containers, hence the title intermediate
bulk container and also manufacture MS Drums made of mild steel (MS) used in the packaging and transport
of chemicals, agrochemicals and speciality chemicals. Company uses blow molding technology to
manufacture Polymer Drums and IBCs. Injection molding technology is used for manufacturing caps,
closures, bungs, lids, handles, lugs, etc. for in-house use. Products are marketed and sold under brand name

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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-23 Mar-22 Mar-21
Total Assets 22,578.16 18,375.59 15,345.57
Net Assets 10,725.02 7,520.36 4,884.60
Total Borrowings 5,534.36 6,476.51 5,129.61
Total Revenue 48,202.73 40,264.15 31,617.63
Profit After Tax 3,176.10 2,615.10 1,699.20

Tentative Timeline

Opening Date 18/08/2023
Closing Date 22-08-2023
Basis of Allotment 25-08-2023
Initiation of Refunds 28-08-2023
Credit of Shares to Demat 29-08-2023
Listing Date 20-08-2023

Objects of the Issue

Repayment and/or pre-payment, in full or part, of certain outstanding borrowings availed by the company
Funding of long-term working capital requirements
General corporate purposes.

Contact Information

Registered Office Office No.2, 2nd Floor, Shah Trade Centre, Rani Sati Marg, Near W.E Highway, Malad (East), Mumbai - 400 097
Phone +91 22 4276 1547

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Anchor Investor Shares Offered 1,659,600 (18.00%)
QIB Shares Offered 1,106,400 (12.00%)
NII (HNI) Shares Offered 1,844,000 (20.00%)
Retail Shares Offered 4,610,000 (50.00%)
Total Shares Offered 9,220,000 (100%)

Shareholding Pattern

Pre Issue Share Holding (Promoters) 100.00%
Post Issue Share Holding (Promoters) 74.94%

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