About Pyramid Technoplast Limited
Incorporated in 1997, Pyramid Technoplast Limited (PT) manufactures polymer-based molded products (Polymer Drums) used by chemical, agrochemical, and pharmaceutical companies for packaging.
- PT is one of the leading manufacturers of rigid Intermediate Bulk Containers (IBC) in India (IBCs are industrial-grade containers engineered for mass handling, transport, and storage.)
- PT also manufactures Mild Steel Drums (MS Drums) used in the packaging and transport of chemicals.
These products are marketed and sold under the brand name “Pyramid”. Presently they have 6 manufacturing facilities and are constructing another one.
Their products are ISO certified and have obtained a UN certification for IBC and MS Drums to meet safety levels outlined by the UN Recommendations on the Transport of Dangerous Goods, in order to transport them safely.
Objects of the offer
Repayment of outstanding borrowings, working capital, and general corporate purposes
Financial information and other valuation metrics (₹ crores)
| Period Ended | Revenue from operations | EBIDTA | PAT | EPS | ROE |
| March 31, 2023 | 480 | 51.83 | 31.76 | 10.24 | 29.61% |
| March 31, 2022 | 400.42 | 44.43 | 25.15 | 8.43 | 34.77% |
| March 31, 2021 | 313.50 | 32.5 | 16.99 | 5.41 | 34.79% |
IPO Schedule
| Issue Period | 18th August to 22nd August 2023 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | 25th August 2023 |
| Initiation of Refunds | 28th August 2023 |
| Credit of Shares | 29th August 2023 |
| Date of Listing | 30th August 2023 |
| Mandate end date | 6th September 2023 |
| Anchor Investors Lock-In End Date | 21st September 2023 |
How to apply to the Pyramid Technoplast Limited IPO?
You can apply for the Pyramid Technoplast Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for Pyramid Technoplast Limited IPO?
You can check the allotment status for the Pyramid Technoplast Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.