August 18, 2023 - August 22, 2023

Pyramid Technoplast IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Pyramid Technoplast IPO. Capital Market has "Neutral" view about the IPO. Axis Capital has "Not Rated" the IPO.

Pyramid Technoplast IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	0	1	0	1
%	33.33	0.00	33.33	0.00	33.33

Pyramid Technoplast IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Axis Capital	Not Rated
Capital Market	Neutral
Dilip Davda	Apply

Pyramid Technoplast IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Pyramid Technoplast IPO is 42. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	42	Avoid, however active risk seekers can try

Pyramid Technoplast IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is one of the leading industrial packaging company. It manufactures and markets polymer-based moulded products. For the past three fiscals, it posted growth in its top and bottom lines. The company is setting up a 7th plant to expand its capacities. Based on FY23 performance, the issue appears fully priced. However, well-informed investors may park funds for the medium to long-term rewards. Read detail review...

Pyramid Technoplast IPO Peer Comparison

Pyramid Technoplast Limited peer comparison with similar listed entities. () (As on March 31, 2023)

Company Name	EPS (Rs)		NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	EPS Diluted	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Pyramid Technoplast Limited	10.24	10.24	34.28		29.61
Time Technoplast Limited	9.69	9.64	102.92	14.16	9.61
TPL Plastech Limited	2.06	2.06	14.79	20.50	13.89
Mold-Tek Packaging Limited	24.40	24.37	168.46	41.10	14.40

Notes:

All the financial information for listed industry peers mentioned above is sourced from the regulatory filings made by aforesaid companies to stock exchanges for the year ended March 31, 2023 to compute the corresponding financial ratios. Except for Time Technoplast Limited, the financial information for other peer group companies is on a standalone basis.
P/E figures for the peers are based on closing market prices of equity shares on BSE on August 4, 2023, divided by the Basic EPS as at March 31, 2023.
Basic Earnings per share = Net profit after tax, as restated attributable to equity shareholders /Weighted average number of shares outstanding during the year/ period.
Diluted Earnings per share = Net profit after tax, as restated / Weighted average number of diluted equity shares outstanding during the year/ period.
NAV per share for listed industry peers is computed as the Total Equity as on March 31, 2023 divided by the outstanding number of equity shares as on March 31, 2023.
Return on Net Worth (%) for listed industry peers has been computed based on the Profit for the year ended March 31, 2023 divided by Total Equity as on March 31, 2023.

Pyramid Technoplast IPO Review by Members

Pyramid Technoplast IPO Reviews, analysis and views by popular members. Read Pyramid Technoplast Limited IPO reviews by retail investors to find recommended ipo to buy.

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Pyramid Technoplast IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	3	0	2	0
%	60.00	0.00	40.00	0.00

Member	Review
Waseem	Apply for Long Term at Upper Price Band Thanks for ur information Please Please solve my doubt Icici direct . SME pre open market me sell krne ke liye deta hai ya nhi ....... EXAMPLE AGR MUGHE SME IPO ME ALLOTMENT MIL GYA THEN ME PREOPEN MARKET ME SELL KR SKTA HU YA NHI icici direct application me August 11, 2023 8:25:50 AM
jitendra Vithalani	Apply for Listing Gain at Cut-off Price 5 to 25 % listing Gain can be possible 1 August 19, 2023 11:43:42 PM
Crow IPO Mentor (900+ Posts, 1100+ Likes)	Neutral At first look, Pyramid Technoplast IPO looks decent. Only the low GMP and T-group listing are matters of concern at this point. Will apply with FF if QIB crosses 30x and exit at listing. Tough allotment mostly. Thanks. August 18, 2023 12:39:35 PM
B.M.SURANA IPO Guru (2700+ Posts, 5300+ Likes)	Neutral Pehle Application Bikta haI GM Main toh bech kar Apply karo No tension. 2 August 17, 2023 11:57:45 AM
Ankit Dhakad	Apply for Long Term at Cut-off Price Company's financial track record looking good and PAT increasing YOY. Apply for medium or long-term. August 21, 2023 7:21:22 PM

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1 Comments

1. Dhanvantri Link|August 22, 2023 3:37:42 PM

It is unfortunate that while providing IPO it's listing category should be declared.