Pyramid Technoplast IPO
Plastic Drums / Industrial Packaging - Listed on 29 August 2023
Pyramid Technoplast IPO listing summary
Pyramid Technoplast (Plastic Drums / Industrial Packaging) closed its IPO window in 2023 and listed on NSE and BSE on 29 August 2023 at an upper band issue price of Rs 166, opening at Rs 187 for a listing gain of +12.7% and closing day one at Rs 177.65 (+7.0% on closing basis). The IPO was subscribed 18.29x overall - QIB 9.94x, HNI/NII 32.24x, Retail 14.72x. The total issue size was Rs 153.05 Cr (Fresh Issue Rs 91.3 Cr, OFS Rs 61.75 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Pyramid Technoplast IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 22 | +13.25% |
| Day 2 | Rs 27 | +16.27% |
| Day 3 | Rs 24 | +14.46% |
| Day 4 | Rs 25 | +15.06% |
| Day 5 | Rs 27 | +16.27% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Pyramid Technoplast IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Pyramid Technoplast IPO - FAQs
What was the listing gain of Pyramid Technoplast IPO?
Pyramid Technoplast IPO listed at +12.7% versus the upper issue price of Rs 166 on 29 August 2023.
How many times was Pyramid Technoplast IPO subscribed?
Pyramid Technoplast IPO was subscribed 18.29x overall. QIB portion was subscribed 9.94x, HNI / NII 32.24x and Retail 14.72x.
What was the IPO GMP for Pyramid Technoplast?
IPO GMP started at Rs 22 on Day 1 and moved to Rs 27 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.