Pyramid Technoplast IPO: Pyramid IPO subscribed over 5 times on day 2 so far; details here
IPO Subscription Status: Pyramid Technoplast IPO was subscribed 5.16 times on day 2. Pyramid Technoplast IPO opened Friday, August 18 and will close on Tuesday, August 22. Pyramid Technoplast IPO received overwhelming response from retail investors and non-institutional investors (NIIS) on day 2.
Qualified institutional buyers also responded positively to the issue on the second day. All three categories were fully subscribed on day 2. Pyramid IPO's retail investors portion was subscribed 6.00 times, NII portion was subscribed 5.29 times, and QIBs portion was subscribed 1.48 times.
Pyramid IPO has received bids for 3,90,40,650 shares against 75,60,400 shares on offer, at 15:45 IST, according to data from the BSE. Pyramid Technoplast IPO's retail investors' portion received bids for 2,76,52,500 shares against 46,10,000 shares on offer for this segment. Pyramid IPO's non-institutional investors' portion received bids for 97,52,130 shares against 18,44,000 on offer for this segment.
Pyramid Technoplast IPO's QIBs portion received bids for 16,36,020 shares against 11,06,400 on offer for this segment. Also Read: Pyramid Technoplast IPO: Pyramid IPO fully booked, subscribed 1.61 times on day 1 Pyramid Technoplast IPO price band has been fixed in the range between ₹151 to ₹166 per equity share of face value of ₹10 each. Pyramid Technoplast IPO lot size is 90 equity shares and in multiples of 90 equity shares thereafter.
Pyramid Technoplast IPO garnered a capital of ₹27.55 crore through an anchor book process on Thursday, August 17. Four investors took part in the anchor book offering, according to the exchange filing of Pyramid Technoplast. These investors include the Carnelian Structural Shift Fund, the Alchemie Ventures Fund,
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