Bookbuilding IPO | ₹108 Cr | Listed at BSE, NSE | Thu, Nov 10, 2005 - Wed, Nov 16, 2005

Piramyd Retail IPO is a book build issue of ₹108.00 crores. The issue is entirely a fresh issue of 0.90 crore shares of ₹108.00 crore.
Piramyd Retail IPO bidding started from Nov 10, 2005 and ended on Nov 16, 2005. The shares got listed on NSE and BSE on Dec 6, 2005.
Piramyd Retail IPO is set final issue price at ₹120 per share.
Axis Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to for detailed Information.
IPO Open
Thu, Nov 10, 2005
IPO Close
Wed, Nov 16, 2005
Issue Price
₹120 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 10 to 16 Nov, 2005 |
| Listed on | Tue, Dec 6, 2005 |
| Face Value | ₹10 per share |
| Price Band | ₹120 to ₹140 |
| Issue Price | ₹120 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 90,00,000 shares (agg. up to ₹108 Cr) |
| Reserved for Private Promoter | 40,00,000 shares (agg. up to ₹56 Cr) |
| Fresh Issue | 50,00,000 shares (agg. up to ₹60 Cr) |
| Net Offered to Public | 50,00,000 shares (agg. up to ₹60 Cr) |
| Share Holding Pre Issue | 1,10,00,000 shares |
| Share Holding Post Issue | 2,00,00,000 shares |
| BSE Script Code / NSE Symbol | 532679 / SORILINFRA |
| ISIN | INE034H01016 |
Piramyd Retail IPO comprises a total issue size of 50,00,000 shares. The net offer to the public is 10,00,000 shares, after excluding 40,00,000 shares allotted on a firm basis. Of the Net offer 25,00,000 (50.00%) are allocated to QIB, 7,50,000 (15.00%) allocated to NII 17,50,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 25,00,000 | 50.00% | 50.00% |
| NII (HNI) Shares Offered | 7,50,000 | 15.00% | 15.00% |
| Retail Shares Offered | 17,50,000 | 35.00% | 35.00% |
| Firm Reservations | |||
| Private Promoter Shares Offered | 40,00,000 | 80.00% | |
| Total Shares Offered | 50,00,000 | 100.00% | 100.00% |
Piramyd Retail Limited, incorporated in 2005, is a part of the Piramal Group and operates in India’s organized retail sector, focusing on lifestyle retail and food, home & personal care (FHPC) segments.
The company runs “Piramyd Megastore” (lifestyle retail) and “TruMart” (supermarket) formats, offering apparel, accessories, groceries, and daily essentials through a scalable, multi-format retail model.
Key strengths
| Period Ended | 30 Jun 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 78.18 | 28.81 | 25.28 | 36.27 |
| Total Income | 15.40 | 48.00 | 36.83 | 34.64 |
| Profit After Tax | 0.00 | -10.34 | -9.65 | -10.32 |
| NET Worth | 0.00 | 1.89 | -40.25 | -15.93 |
| Reserves and Surplus | 0.00 | -12.37 | -53.25 | -28.93 |
| Total Borrowing | 59.76 | 26.46 | 45.82 | 35.08 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure | 118.76 |
| 2 | Upgradation of Information technology infrastructure | 6.00 |
| 3 | Repayment of Bridge Loan to Ashok Cutting Tools Ltd. | 30.00 |
| 4 | Public Issue Expenses | 7.24 |
| Total | 162.00 |
| KPI | Jun 30, 2005 |
|---|---|
| RoNW | 0.41% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 81.68% | 64.92% |
The Piramyd Retail IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 11.40 | 50,00,000 | 5,69,97,935 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLM Fees, Selling Commission, Underwriting Commission | 0.24 |
| 2 | Registrars | 0.02 |
| 3 | Legal Advisors | 0.02 |
| 4 | Others (including printing and distribution expenses, legal fees, statutory advertisement expenses and listing fees) | 0.39 |
| Total | 0.67 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹120.00 | ₹120.00 |
| Open | ₹140.00 | ₹146.00 |
| Low | ₹130.15 | ₹130.55 |
| High | ₹160.00 | ₹149.00 |
| Last Trade | ₹131.60 | ₹131.65 |
Piramyd Retail IPO is a main-board IPO of 90,00,000 equity shares of the face value of ₹10 aggregating up to ₹108 Crores. The issue is priced at ₹120 per share. The minimum order quantity is .
The IPO opens on Thu, Nov 10, 2005, and closes on Wed, Nov 16, 2005.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Piramyd Retail IPO using UPI as a payment gateway. Zerodha customers can apply in Piramyd Retail IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Piramyd Retail IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Piramyd Retail IPO opens on Thu, Nov 10, 2005 and closes on Wed, Nov 16, 2005.
Piramyd Retail IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Piramyd Retail IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Piramyd Retail IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Piramyd Retail IPO allotment status.
The Piramyd Retail IPO listing date is on .