Description
NSE circular announcing the listing of 39,777,247 equity shares of Time Technoplast Limited issued under QIP and 174,622 equity shares of ICICI Bank Limited issued under Abeyance Final, effective November 13, 2025.
Summary
NSE has admitted further equity shares of Time Technoplast Limited and ICICI Bank Limited for trading on the Capital Market segment effective November 13, 2025. Time Technoplast issued 39,777,247 equity shares under a Qualified Institutional Placement (QIP) at Rs. 201.12 per share, allotted on November 11, 2025. ICICI Bank issued 174,622 equity shares under Abeyance Final, originally allotted on June 24, 2017.
Key Points
Time Technoplast Limited (TIMETECHNO):
- 39,777,247 equity shares of Re. 1/- each listed
- Issue type: Qualified Institutional Placement (QIP)
- Issue price: Rs. 201.12 per share
- Date of allotment: November 11, 2025
- ISIN: INE508G01029
- Distinctive number range: 453858133 to 493635379
- Market lot: 1 share
- Pari passu with existing shares
- No lock-in applicable
ICICI Bank Limited (ICICIBANK):
- 174,622 equity shares of Rs. 2/- each listed
- Issue type: Abeyance Final
- Date of allotment: June 24, 2017
- ISIN: INE090A01021
- Market lot: 1 share
- Pari passu with existing shares
- No lock-in applicable
- Detailed distinctive number ranges provided in Annexure I
Regulatory Changes
No regulatory changes introduced. This circular implements existing regulations under National Stock Exchange (Capital Market) Trading Regulations Part A, specifically Regulation 3.1.1 (admission of securities) and Regulation 2.5.5 (lot size specifications).
Compliance Requirements
- Trading members must use designated security codes for identification on the trading system
- Securities must be traded in specified lot sizes (1 share for both securities)
- Trading to be conducted in accordance with NSE Capital Market Trading Regulations Part A
Important Dates
- Circular issue date: November 12, 2025
- Effective date for trading: November 13, 2025
- Time Technoplast allotment date: November 11, 2025
- ICICI Bank allotment date: June 24, 2017
Impact Assessment
Market Impact: Medium. The Time Technoplast QIP represents a significant capital raise with nearly 40 million shares added to the free float, which may impact trading liquidity and price discovery. The issue price of Rs. 201.12 provides a reference point for market valuation. The ICICI Bank listing of 174,622 shares from abeyance is minimal and unlikely to have material market impact given the bank’s large outstanding share base.
Trading Impact: Both securities will be available for trading from November 13, 2025, with standard market lot of 1 share. No special trading restrictions or lock-in periods apply, allowing immediate liquidity.
Impact Justification
Routine listing of further issues; Time Technoplast QIP is substantial (39.78 million shares) with medium market impact; ICICI Bank abeyance shares are minimal (174,622 shares)