Description
Time Technoplast Ltd. has listed 3,97,77,247 new equity shares allotted to QIBs through Qualified Institutional Placement at Rs. 201.12 per share, effective November 13, 2025.
Summary
Time Technoplast Ltd. (Scrip Code: 532856, ISIN: INE508G01029) has successfully listed 3,97,77,247 new equity shares of Re. 1/- each on BSE. 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 securities are admitted for trading with effect from Thursday, November 13, 2025, and will rank pari-passu with existing equity shares.
Key Points
- Company: Time Technoplast Ltd. (Scrip Code: 532856, ISIN: INE508G01029)
- Number of Shares Listed: 3,97,77,247 equity shares of Re. 1/- each
- Mode of Issuance: Qualified Institutional Placement (QIP)
- Allottees: Qualified Institutional Buyers (QIBs)
- Issue Price: Rs. 201.12 per share
- Date of Allotment: November 11, 2025
- Trading Commencement: Thursday, November 13, 2025
- Distinctive Numbers: 453858133 to 493635379
- Status: New shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes are introduced by this circular. This is a standard listing notification following a capital raising exercise through QIP route.
Compliance Requirements
- Trading members must update their records to reflect the increased share capital of Time Technoplast Ltd.
- Market participants should note the new distinctive number range (453858133 to 493635379) for the newly listed shares
- Brokers and trading members should inform their clients about the listing of these new securities
Important Dates
- November 11, 2025: Date of allotment of new equity shares
- November 12, 2025: Notice date and circular issuance
- November 13, 2025: Effective date for trading commencement of new securities
Impact Assessment
Market Impact: The listing of approximately 3.98 crore new shares represents a significant dilution event for existing shareholders. At the issue price of Rs. 201.12, the QIP has raised approximately Rs. 800 crores (3,97,77,247 × Rs. 201.12), indicating substantial capital infusion into the company.
Shareholding Impact: Existing shareholders will experience dilution in their ownership percentage, though the exact dilution percentage depends on the pre-QIP share capital. The allotment to QIBs (institutional investors) may improve the institutional holding profile of the company.
Trading Impact: Increased float and liquidity in the stock from November 13, 2025. The market will need to absorb the additional supply, which could create short-term price pressure depending on demand conditions.
Operational Impact: The capital raised through QIP will likely be used for business expansion, debt reduction, or working capital requirements, which could positively impact the company’s long-term operational capacity and financial health.
Impact Justification
Significant dilution of approximately 3.98 crore shares through QIP, which will impact existing shareholding pattern and market capitalization. The issue price of Rs. 201.12 and trading commencement date are material for investors.