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IPO

Pyramid Technoplast IPO subscribed 18.29 times

Chittorgarh.com  

Pyramid Technoplast's initial public offering was subscribed 18.29 times on the last day. The public issue was subscribed 14.72 times in the retail category, 9.94 times in the category of qualified institutional buyers (QIBs), and 32.24 times in the NII (non-institutional investor) category. About 3,82,86,440 shares were bid for INR 2,295.55 crore across categories. The polymer-based molded products maker has reserved half the offer size for retail investors, 30% for QIBs and the remaining 20% for HNIs.