Pyramid Technoplast IPO GMP Today, Review, Subscription And Company Information

Spread The News

Pyramid Technoplast IPO GMP Today

The grey market premium (GMP) for Pyramid Technoplast IPO GMP Today is ₹28 as of August 18, 2023. This means that the market is willing to pay ₹28 more for a share of Pyramid Technoplast than the issue price of ₹151-166 per share.

Pyramid Technoplast IPO GMP Today is an unofficial indicator of the expected listing price of an IPO. It is based on the demand for the shares in the grey market, which is a parallel market where shares are traded before they are listed on a stock exchange.

The Pyramid Technoplast IPO GMP Today is higher than the GMPs of other recent IPOs, which suggests that there is strong demand for the shares. This could lead to a good listing price for the IPO.

However, it is important to note that the GMP is not a guarantee of the listing price. The actual listing price will depend on a number of factors, including the demand for the shares on the day of listing.

Pyramid Technoplast IPO Review

Pyramid Technoplast IPO is a primary and secondary offering of equity shares worth ₹153.05 crore. The issue comprises 92,20,000 equity shares and is priced at ₹151 to ₹166 per share. The IPO will open on August 18, 2023 and close on August 22, 2023. The company aims to raise ₹91.30 crore through fresh issue and ₹61.75 crore through offer for sale (OFS). The shares are proposed to be listed on BSE and NSE.

See also  How to Make Money Online In India In 2023

Here are some factors that could affect the Pyramid Technoplast IPO GMP Today:

  • The level of subscription received by the IPO.
  • The performance of the stock market in general.
  • The overall sentiment towards IPOs.

Also Read : Srivari Spices And Foods IPO डेब्यू पर 142% अधिक की बंपर ओपनिंग देखी गई।

Pyramid Technoplast IPO Overview

Here are some key details of the Pyramid Technoplast IPO:

  • Issue size: 92,20,000 equity shares
  • Price band: ₹151 to ₹166 per share
  • Minimum investment: ₹13,690 (1 lot of 90 shares)
  • Lead bankers: ICICI Securities, HDFC Bank, and Axis Capital
  • Registrar: Bigshare Services Pvt Ltd
  • Listing date: August 30, 2023

Hope our blog on Pyramid Technoplast IPO GMP Today was helpful for you !!

Pyramid Technoplast Company Details

Pyramid Technoplast is a polymer-based molded products manufacturer. The company’s products are used in a variety of industries, including chemical, agrochemical, specialty chemical, and pharmaceutical. The company has a strong track record of growth, with its revenues increasing from ₹316.18 crores in March 2021 to ₹482.03 crores in March 2023.

The company is well-positioned to benefit from the growth of the polymer-based molded products market. The market is expected to grow at a CAGR of 10% to 12% in the next few years. The company is also expanding its capacity to meet the growing demand.

Also Read : 10 Best Books About Life Lessons That Will Change Your Perspective

Pyramid Technoplast IPO Subscription

The Pyramid Technoplast IPO is currently open for subscription. Investors should carefully evaluate the company’s financials and growth prospects before investing.

See also  Top 10 Mutual Funds To Invest In 2024

Here are some of the risks to consider before subscribing to the Pyramid Technoplast IPO:

  • The IPO market is volatile and the prices of shares can go up or down significantly after listing.
  • The company is facing increasing competition from other polymer-based molded products manufacturers.
  • The company’s future growth prospects depend on the demand for its products.


If you are considering investing in the Pyramid Technoplast IPO, you should do your own research and make your own decision based on your risk appetite and investment goals.

Hope our blog on Pyramid Technoplast IPO GMP Today was helpful for you !!

For more detailed information about Pyramid Technoplast IPO and other stock market companies visit NSE official website.

Spread The News

Leave a Comment

Top 7 Best Holi Songs Hindi For Celebrating Holi 2024 !! Which Is The Worst Or Best IPL Jersey 2024 All Teams?