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The initial public offering (IPO) of Pyramid Technoplast will open for subscription on August 18. The issue closes on August 22. The company's shares are expected to get listed on both exchanges. Here are 10 things to know about the offer.
The price band for Pyramid Technoplast IPO has been fixed at Rs 151-Rs 166 per share; check details about the IPO here
Pyramid Technoplast aims to raise anywhere between Rs 139 crore - Rs 153 crore through the IPO, and the post implied market cap is likely to be around Rs 611 crore.
(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...