Pyramid Technoplast allotment date, Pyramid Technoplast IPO allotment status: The initial public offering (IPO) of Pyramid Technoplast concluded on August 22. The Rs 153 crore IPO of the packaging company got bids for 13,82,86,440 shares against 75,60,400 shares on offer, i.e., 18.29 times, according to an update available with NSE. The quota for Qualified Institutional Buyers (QIBs) was subscribed 9.94 times, while the category for Retail Individual Investors (RIIs) was subscribed 14.72 times, and the portion for non-institutional investors witnessed 32.24 times subscription.

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The basis of the allotment of shares under the IPO is set to be finalised today, August 25. Besides, the successful bidders will get the shares credited into their demat accounts on August 29, Tuesday, whereas other participants will have refunds initiated on August 28, Monday. Pyramid Technoplast shares will likely be listed on the BSE and NSE on August 30.

Pyramid Technoplast IPO allotment how to check online: Here's a step-by-step guide on how to check the allotment status.

Those who participated in the Pyramid Technoplast IPO can check the status of their application online in two ways: through the BSE website and through the website of the registrar.

Pyramid Technoplast IPO allotment status check through BSE

Step 1: A bidder is required to visit the official website of the BSE to check the status of the IPO application online. Login at the direct BSE link — bseindia.com/investors/appli_check.aspx

Step 2: Select the option of 'Equity' under 'Issue Type'

Step 3: Select 'Issue Name'. Either enter your application number in the box or provide your PAN details to proceed further.

Step 4: Click on 'I'm not a robot' and then submit.

The status of your Pyramid Technoplast application will appear on the screen.

Pyramid Technoplast IPO allotment status check through registrar: Bigshare Services

A bidder is required to log in at the direct Bigshare Services website (https://www.bigshareonline.com/ipo_allotment.html) and follow through to check the status of the IPO application online. A bidder may log in to the direct Bigshare Services website to check the status of the IPO application online.

Step 1: Log in at the direct Pyramid Technoplast web link: https://www.bigshareonline.com/ipo_allotment.html.

Step 2: Select the Pyramid Technoplast IPO

Step 3: The bidder then has to enter PAN details.

Step 4: Click on the 'Search' option.

The status of your Pyramid Technoplast application will appear on the screen.

What does Pyramid Technoplast do? 

Pyramid Technoplast is a drum manufacturing company, offering a comprehensive range of packaging solutions. The industrial packaging company is engaged in the business of manufacturing polymer-based moulded products (polymer drums), mainly used by chemical, agrochemical, specialty chemical, and pharmaceutical companies for their packaging requirements.

(With PTI inputs)

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