Time Technoplast completes ₹800 crore QIP allotment

Time Technoplast Limited announced the successful allotment of 39,777,247 equity shares at an issue price of ₹201.12 per share, including a premium of ₹200.12, to eligible Qualified Institutional Buyers (QIBs). This placement, concluded on November 11, 2025, raised ₹80,000.00 lakhs, taking into account a 5% discount on the floor price as permitted by SEBI regulations.

Following the QIP, the company's paid-up equity share capital increased from 453,858,132 equity shares to 493,635,379 equity shares. The shareholding pattern will be updated and submitted to the Securities and Exchange Board of India as per listing regulations.

Key allottees receiving more than 5% of the issue size include 3P India Equity Fund 1 (18.13%), Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund (10.50%), and ABERDEEN STANDARD SICAV I - INDIAN EQUITY FUND (7.93%).