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11 May 07 Time Technoplast IPO

Time Technoplast, a leading producer of plastic drums, is all set to tap the Indian capital market through an initial public offer (IPO) of over 39.21 lakh fresh equity shares. Time Technoplast IPO opens for subscription on 18 May 2007 and closes for subscription on 23 May 2007. Time Technoplast has stated in its IPO prospectus that the objective of the IPO is to raise funds for setting up a unit to make medical devices and expand operations abroad, in Sharjah and Poland. The Sharjah plant will manufacture polymer based products catering to industrial packaging and lifestyle segments. Time Technoplast has fixed the price band  for the IPO between Rs. 290 and Rs. 315 per equity share of face value Rs. 10 each. Recently, leading Indian VC firm, Motilal Oswal Venture Capital Advisors had made a Pre IPO investment of Rs. 19.5 crores in Time Technoplast. Post IPO, the shares of Time Technoplast will be listed both on NSE and BSE. For updates on the subscription / oversubscription ratio of Time Technoplast IPO and to know the allotment status, refund details and listing date of Time Technoplast IPO, do check this blog regularly.

Time Technoplast IPO Prospectus
For more information, read the Red Herring IPO prospectus of the Time Technoplast IPO Issue.


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Reader's Comments

  1. |

    pl. inform me time to time for listing date of glory polyfilm,nitin fire project ind,ashahi colour & time technoplast ipo.

    pl. reply me above ipo listing date.

    thanks

    pankaj patel

  2. |

    @Pankaj – Sure, I’ll post them in the respective posts as soon as the listing dates are announced

  3. |

    What are the prospects of Time Technoplast Ltd IPO. Is it advisable to invest for short term/listing gains

  4. |

    Why the Glory poly film is hiding the date of listing date..

    Is it not responsible to inform the investors when is the listing date.

  5. |

    when listing of ttl is expected?

  6. |

    Listing of TTL is on 12th june

  7. |

    Are you sure its lsiting tommtorow..no its not.. i think..!!

  8. |

    @Srinivas – Even I’m clueless about the listing date of glory polyfilms.

  9. |

    Rahul, The Time Technoplast Listing date is June 13th and not June 12th.

  10. |

    I have one query.
    Actually i have very little money so i usually trade with that and ont invest in IPO,s.
    Now time technoplast IPO is coming. I wish to buy it at opening at sell it later the day. I,m planning to buy 1000 and sell it later so i thin i can make heavy profit using this. The reason i am choosing this ipo is bcoz institutional oversubscription is 70 times wheras retail is 13 times. So acc to you even if retail book profit theinstituonal will keep and on the same day it will rise atleast 100 rs thats what i think after seeing gud IPO,s like MIC and nitin fire this week who also had the same subscritption. But i,m a little tensed with it also. So i think i shud put a stoploss but dont know how much shud i put. Bcoz like MIC drifted 10 points after listing and then went up..So if i put a stop loss of say 20 rs it might get hit and i,ll be in loss.
    So kindly reply me. (Willing to take a risk as i guess it will go very high as instituonla is 70 oversubscription).

  11. |

    Bullish Indian,

    R u sure that listing is on 13th only.

  12. |

    Yes Pravesh. Time Technoplast Listing date is June 13th only, unless time technoplast decides to change the date of listing (highly unlikely)



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