Description
Time Technoplast Ltd. has listed 3,97,77,247 equity shares allotted to QIBs pursuant to Qualified Institutional Placement at Rs. 201.12 per share.
Summary
Time Technoplast Ltd. (Scrip Code: 532856, ISIN: INE508G01029) has listed 3,97,77,247 new equity shares of Re. 1/- each on BSE with effect from November 13, 2025. These shares were allotted to Qualified Institutional Buyers (QIBs) pursuant to a Qualified Institutional Placement (QIP) at an issue price of Rs. 201.12 per share. The new shares rank pari-passu with existing equity shares.
Key Points
- Total shares listed: 3,97,77,247 equity shares of Re. 1/- each
- Allotted to Qualified Institutional Buyers (QIBs) through QIP route
- Issue price: Rs. 201.12 per share
- Shares rank pari-passu with existing equity shares
- Distinctive Numbers: 453858133 to 493635379
- Trading commences: November 13, 2025
Regulatory Changes
No regulatory changes. This is a standard listing notification following SEBI regulations for QIP issuances.
Compliance Requirements
Trading members are informed of the new securities available for trading. No specific compliance action required from members beyond awareness of the increased share capital.
Important Dates
- Date of Allotment: November 11, 2025
- Listing Date: November 13, 2025 (Thursday)
- Notice Date: November 12, 2025
Impact Assessment
Market Impact: The QIP of approximately 3.98 crore shares at Rs. 201.12 per share raises approximately Rs. 800 crore for Time Technoplast Ltd. This represents a material equity dilution and will increase the company’s free float. The listing will increase liquidity in the stock.
Operational Impact: Minimal impact on trading operations. The new shares will be available for trading from November 13, 2025, with the same rights as existing shares. Contact person for clarifications: Mr. Pranav Rewale (Tel: 9653268851).
Impact Justification
Material equity dilution through QIP of approximately 3.98 crore shares, but routine listing procedure for existing company with shares ranking pari-passu