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Pyramid Technoplast IPO Subscription Status

Pyramid Technoplast IPO was subscribed 18.29 times when bidding closed on 22 Aug 2023: QIB 9.94x, NII 32.24x, Retail 14.72x.

The Pyramid Technoplast IPO has been subscribed 18.29x times overall. Retail investors have shown interest with bids for 14.72x the shares available. The Non-Institutional Investor (NII) category has been subscribed 32.24x. Within NII, Big HNI (B-HNI) subscribed 33.81x and Small HNI (S-HNI) subscribed 29.09x. Qualified Institutional Buyers (QIBs) have subscribed 9.94x. Data last updated on 10 Nov, 06:04 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 18 Aug, 2023 and closes on 22 Aug, 2023. The shares are expected to list on stock exchanges on 29 Aug, 2023.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 06:04 PM
Category Bid details Times
QIB - of - - 9.94x
NII - of - - 32.24x
bHNI — bid amount above ₹10 Lakh
- - 33.81
sHNI — bid amount ₹2–10 Lakh
- - 29.09
Retail - of - - 14.72x
TOTAL - - 18.29x
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Pyramid Technoplast IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 14
~6.8% chance per PAN — based on 14.72x subscription. Winners get exactly 1 lot (₹14,940) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 29
~3.4% chance — based on 29.09x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 34
~3% chance — based on 33.81x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
9.94x
Proportionate allotment — at 9.94x, institutions receive ~10.1% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 6.8% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 9.94x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
22 Aug 2023
Day 3
18.29x ▼
QIB9.94x BHNI33.81x SHNI29.09x Retail14.72x
21 Aug 2023
Day 2
5.84x ▼
QIB1.49x BHNI5.88x SHNI8.42x Retail6.52x
18 Aug 2023
Day 1
1.59x ▼
QIB1.27x BHNI0.74x SHNI1.68x Retail1.89x

Pyramid Technoplast IPO dates

From the bidding window to listing. Today is 14 November.

Key dates Listed
  1. Open 18 Aug 2023
  2. Close 22 Aug 2023
  3. Allotment 25 Aug 2023
  4. Refund/credit 28 Aug 2023
  5. Listing 29 Aug 2023

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
CARNELIAN STRUCTURAL SHIFT FUND INVESTMENT ACCOUNT ₹12.55 Cr 45.55%
ALCHEMIE VENTURES FUND-SCHEME I ₹5.00 Cr 18.15%
PLURIS FUND LIMITED ₹5.00 Cr 18.15%
RESONANCE OPPORTUNITIES FUND ₹5.00 Cr 18.15%
TOTAL ₹27.55 Cr 100.00%
View allotment letter PDF →

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Pyramid Technoplast IPO?

As of IPO close date (22 Aug, 2023), the Pyramid Technoplast IPO is subscribed 18.29x times. Retail category is 14.72x, and NII is 32.24x subscribed.

When is the allotment date for Pyramid Technoplast IPO?

The allotment for Pyramid Technoplast IPO is expected to be finalized on 25 August, 2023.

What is the GMP of Pyramid Technoplast?

The Grey Market Premium (GMP) for Pyramid Technoplast is currently ₹9.94, indicating a potential listing gain of 6%.

When will Pyramid Technoplast IPO list on the stock market?

Pyramid Technoplast is scheduled to list on BSE and NSE on 29 August, 2023.

What are the chances of getting allotment in Pyramid Technoplast IPO?

The retail category is oversubscribed at 14.72x, meaning allotment is by lottery. Statistically, approximately 1 in 15 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 9.94x mean for Pyramid Technoplast IPO?

Moderate — QIBs have subscribed 9.94x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Pyramid Technoplast IPO allotment status?

After the allotment date (25 Aug, 2023), you can check your Pyramid Technoplast IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
18.29x
QIB
9.94x
NII
32.24x
bHNI
33.81x
sHNI
29.09x
Retail
14.72x
Full IPO details
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