Pyramid Technoplast IPO Review

Pyramid Technoplast Ltd. (PTL) specializes in manufacturing polymer-based products, particularly rigid Intermediate Bulk Containers (IBCs), widely used in chemical and pharmaceutical packaging. With consistent revenue and profit growth over the past three fiscal years, PTL boasts a solid financial track record. The company's average EPS stands at Rs. 8.83, with an average RoNW of 32.19%. Priced at a P/BV of 4.84 based on its pre-IPO NAV and 3.08 post-IPO NAV, PTL appears attractively valued. Additionally, PTL is expanding its capacity by constructing a seventh plant, signaling confidence in future growth. Investors seeking exposure to a leading industrial packaging player with promising long-term prospects may find PTL's IPO an appealing investment opportunity.