PYRAMID TECHNOPLAST
Pyramid Technoplast is a manufacturer of polymer-based moulded products (Polymer Drums), which are primarily utilised by chemical, agrochemical, specialty chemical, and pharmaceutical firms for their packaging needs. One of India’s top producers of rigid Intermediate Bulk Containers (IBC) with a 1,000 litre capacity is this company. Additionally, it produces MS Drums, which are mild steel containers used for transporting and storing chemicals, agrochemicals, and speciality chemicals.
In Unit I, Pyramid Technoplast began commercial production in 1998. The company currently has six strategically placed production facilities, four of which are located in Bharuch, GIDC, and two of which are located in Silvassa. At the Bharuch GIDC, next to the other six manufacturing units, a seventh unit is being built.
Pyramid Technoplast IPO Details
| Signature Global IPO Details | ||
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Pyramid Technoplast IPO Dates |
18 – 22 August 2023 |
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Pyramid Technoplast IPO Price |
INR 151 – 166 per share |
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Fresh issue |
55,00,000 shares (INR 83.05 – 91.30 crores) |
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Offer For Sale |
37,20,000 shares (INR 56.17 – 61.75 crores) |
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Total IPO Size |
92,20,000 shares (INR 139.22 – 153.05 crores) |
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Minimum bid (size) |
90 shares (INR 14,940) |
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Face Value |
INR 10 per share |
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NII Allocation |
50% |
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Listing On |
BSE, NSE |
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Pyramid Technoplast Financial Performance
| Signature Global Financial Performance | |||
|---|---|---|---|
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FY21 |
FY22 |
FY23 |
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Revenue |
313.50 |
400.42 |
480.03 |
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Expenses |
293.30 |
367.48 |
439.18 |
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Net income |
16.99 |
26.15 |
31.76 |
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Margin (%) |
5.42 |
6.53 |
6.62 |
Figures in INR Crore unless specified otherwise