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Pyramid Technoplast IPO has received a strong response from investors. The issue had been subscribed 9.36 times by August 22 afternoon, the final day of bidding
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], August 10: Pyramid Technoplast Limited, an industrial packaging company known for its expertise in manufacturing polymer based molded products is planning to raise up to Rs. 153.05 crore from its public issue to fund its growth plans. The company plans to use issue proceeds for repayment of outstanding borrowings, funding working capital requirement and general corporate purposes. The public issue will open for subscription on August 18 and will close on August 22, 2023. The company’s shares will be l...