The IPO of Pyramid Technoplast was overall subscribed 14.72 times between August 18-22 as the company sold its shares in the range of Rs 151-166 apiece.
The non-institutional investors portion was booked the most at 20.09x, followed by retail at 11.12x. The category reserved for qualified institutional buyers (QIB) was subscribed 1.63 times.
Pyramid Technoplast IPO | The polymer-based molded products manufacturer intends to raise Rs 91.3 crore via fresh issue and the remaining Rs 61.75 crore via offer for sale by the promoter.
The retail portion was subscribed the most at 4.20x, followed by non-institutional investors at 3.5x. The category reserved for qualified institutional buyers (QIB) was subscribed 1.3 times.