Archive · 7 Nov 2025
Time Technoplast Stock Gains Attention Amid QIP Launch
Time Technoplast, a company that makes plastic products like packaging and car parts, is offering new shares to big investors.
They set a starting price for these shares at Rs 211.70, but they might offer them for a bit less, up to 5% cheaper.
This is called a QIP, which is a way for companies to get more money.
The company has operations in many countries and has seen its stock price grow a lot in the last few years.
The stock price was a bit down recently, and its trading indicators suggest it's not extremely popular or unpopular right now, but it is trading below its average prices from the last few months.
Time Technoplast has launched a Qualified Institutional Placement (QIP) for equity shares.
The floor price for the QIP is set at Rs 211.70 per share, with a possible discount of up to 5%.
The company authorized the opening of the issue on November 06, 2025, to eligible institutional buyers.
Time Technoplast is a multinational manufacturer of technology-based polymer products with a global presence.
The company's stock has shown significant long-term growth, rallying 161% in two years and 302% in three years.
- Who
- Time Technoplast
- What
- Launched a Qualified Institutional Placement (QIP) of equity shares with a floor price of Rs 211.70 per share.
- When
- November 06, 2025
- Where
- India, UAE, Saudi Arabia, USA (global presence)
- Why
- To raise capital through the issuance of equity shares to eligible qualified institutional buyers.
- QIP Floor Price
- Rs 211.70 per share
- Maximum Discount
- Up to 5%
- Face Value
- Rs 1 per share
- QIP Authorization Date
- November 06, 2025
- Previous Day Closing Price
- Rs 209
- Market Capitalization
- Rs 9,485.63 crore
- One-Year Beta
- 2