Pyramid Technoplast Limited, established in 1997 in Mumbai, is a manufacturer of polymer-based molded products like polymer drums and rigid Intermediate Bulk Containers (IBCs), primarily serving chemical, agrochemical, specialty chemical, and pharmaceutical sectors. The company operates six manufacturing units located in the industrial regions of Bharuch and Silvassa, known for diverse manufacturing activities. Pyramid Technoplast specializes in producing 1,000-litre capacity IBCs and mild steel drums, employing blow molding technology in its production processes. Over the years, the company has expanded its production capabilities, beginning with Polymer Drums in 1998 and later venturing into IBCs and mild steel drums by 2019.
The company is set to go public, offering 92,20,000 equity shares, which includes a fresh issue of 55,00,000 shares and an offer for sale of 37,20,000 shares. This expansion and strategic IPO aim to enhance its market presence in the packaging industry.
