Pyramid Technoplast’s IPO will open for subscription on Friday, August 18th and close on Tuesday, August 22nd. Allocation to anchor investors for Pyramid Technoplast’s IPO is scheduled for Thursday, August 17th. The Pyramid Technoplast IPO price range has been set in the range between ₹151 bis ₹166 per share with a par value of ₹10 each. The lot size of Pyramid Technoplast’s IPO is 90 shares and multiples of 90 shares thereafter.
Pyramid Technoplast’s IPO will open for subscription on Friday, August 18th and close on Tuesday, August 22nd. Allocation to anchor investors for Pyramid Technoplast’s IPO is scheduled for Thursday, August 17th. The Pyramid Technoplast IPO price range has been set in the range between ₹151 bis ₹166 per share with a par value of ₹10 each. The lot size of Pyramid Technoplast’s IPO is 90 shares and multiples of 90 shares thereafter.
The minimum price is 15.10 times the par value and the maximum price is 16.60 times the par value of the share.
The minimum price is 15.10 times the par value and the maximum price is 16.60 times the par value of the share.
Pyramid Technoplast IPO details
The Pyramid Technoplast IPO consists of a new issue with a total value of ₹91.30 crore and Offered For Sale (OFS) Share combined ₹61.75 crore on the top price through the offer.
Pyramid Technoplast IPO details
The Pyramid Technoplast IPO consists of a new issue with a total value of ₹91.30 crore and Offered For Sale (OFS) Share combined ₹61.75 crore on the top price through the offer.
The net proceeds from the Offering will be used to defray the costs associated with the Offering and to repay all or part of and/or prepay or repay any outstanding borrowings the Company has taken out.
The net proceeds from the Offering will be used to defray the costs associated with the Offering and to repay all or part of and/or prepay or repay any outstanding borrowings the Company has taken out.
PNB Investment Services Limited and First Overseas Capital Limited are the book running lead managers (BRLM) for the offering. Bigshare Services Private Limited is the registrar of the offering.
PNB Investment Services Limited and First Overseas Capital Limited are the book running lead managers (BRLM) for the offering. Bigshare Services Private Limited is the registrar of the offering.
The Company’s sponsors are Jaiprakash Agarwal, Pushpa Devi Agarwal, Madhu Agarwal, Bijaykumar Agarwal, Yash Synthetics Private Limited and Credence Financial Consultancy LLP.
The Company’s sponsors are Jaiprakash Agarwal, Pushpa Devi Agarwal, Madhu Agarwal, Bijaykumar Agarwal, Yash Synthetics Private Limited and Credence Financial Consultancy LLP.
Pyramid Technoplast IPO has reserved no more than 30% of the shares of the public offering for qualified institutional buyers (QIB), no less than 20% for non-institutional investors (NII) and no less than 50% of the offering is reserved for qualified institutional buyers private investors.
Pyramid Technoplast IPO has reserved no more than 30% of the shares of the public offering for qualified institutional buyers (QIB), no less than 20% for non-institutional investors (NII) and no less than 50% of the offering is reserved for qualified institutional buyers private investors.
Pyramid Technoplast IPO date
The basis for the allotment of shares in Pyramid Technoplast’s IPO will be determined on Friday 25th August and the company will issue the refund on Monday 28th August while the shares will be issued on Tuesday 29th August 2019 be credited to the demat account of the allotment recipients. Shares in the Pyramid Technoplast IPO are expected to list on the BSE and NSE on Wednesday 30th August.
Pyramid Technoplast IPO date
The basis for the allotment of shares in Pyramid Technoplast’s IPO will be determined on Friday 25th August and the company will issue the refund on Monday 28th August while the shares will be issued on Tuesday 29th August 2019 be credited to the demat account of the allotment recipients. Shares in the Pyramid Technoplast IPO are expected to list on the BSE and NSE on Wednesday 30th August.
Pyramid Technoplast IPO GMP today
Pyramid Technoplast IPO GMP or Gray Market Premium is +20. This suggests that Pyramid Technoplast’s share price was trading at a premium of ₹20 in the gray market on Thursday, according to market watchers.
Pyramid Technoplast IPO GMP today
Pyramid Technoplast IPO GMP or Gray Market Premium is +20. This suggests that Pyramid Technoplast’s share price was trading at a premium of ₹20 in the gray market on Thursday, according to market watchers.
Considering the high end of the IPO price range and the current gray market premium, the estimated listing price of Pyramid Technoplast stock is ₹186 each, which is 12% above the IPO price.
Considering the high end of the IPO price range and the current gray market premium, the estimated listing price of Pyramid Technoplast stock is ₹186 each, which is 12% above the IPO price.
“Grey market premium” indicates investors’ willingness to pay more than the issue price.
“Grey market premium” indicates investors’ willingness to pay more than the issue price.
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