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Time Technoplast Limited IPO (Time Technoplast IPO) Detail

May 18, 2007 - May 23, 2007

Time Technoplast IPO is a book built issue of Rs 123.53 crores.

Time Technoplast IPO bidding started from May 18, 2007 and ended on May 23, 2007. The shares got listed on BSE, NSE on June 13, 2007.

Time Technoplast IPO price band is set at ₹290 to ₹315 per share. The minimum lot size for an application is 20 Shares. The minimum amount of investment required by retail investors is ₹6,300.

Il&Fs Investsmart Securities Ltd is the book running lead manager of the Time Technoplast IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Time Technoplast IPO RHP for detailed information.

Time Technoplast IPO Details

IPO Date May 18, 2007 to May 23, 2007
Listing Date June 13, 2007
Face Value ₹10 per share
Price Band ₹290 to ₹315 per share
Lot Size 20 Shares
Total Issue Size3,921,500 shares
(aggregating up to ₹123.53 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue17,005,000
Share holding post issue20,926,500

Time Technoplast IPO Lot Size

Investors can bid for a minimum of 20 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 20 ₹6,300
Retail (Max) 31 620 ₹195,300
Lot Size Calculator

Time Technoplast IPO Promoter Holding

Share Holding Pre Issue 76.84%
Share Holding Post Issue 62.44%

About Time Technoplast Limited

Incorporated in 1991, Time Technoplast Limited (TTL) is in business of manufacturing technology based polymer products for Industrial and Consumer Packaging Solutions, Lifestyle Products, Auto Components, Healthcare Products and Construction and Infrastructure related products.

TTL has manufacturing facilities spread over 6 strategic locations and equipped with 11 regional / area marketing offices. TTL serve over 500 institutional clients and its distribution network spread to reach 345 cities and towns. For FY05-06, TTL revenue was Rs 3045 million.


TTL’s product portfolio include following popular brands:
Time Mauser : Packaging Product – Drums / Containers
Conipails: Packaging – Pails
Ecopet: Packaging – PET Sheet
Meadowz: Lifestyle – Turf,
DuroTurf: Duro Soft Lifestyle – Entrance Mattings
Regal: Lifestyle – Garden Furniture
3S: Auto Components – Anti Spray Device
Genex: Healthcare – Medical Devices

Key Performance Indicator

Objects of the Issue (Time Technoplast IPO Objectives)

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital
1. To finance setting up of a new project at Thane (Himachal Pradesh) for manufacture of disposable medical devices;
2. To set up integrated injection molding facility at Silvassa (Union Territory) for augmenting production capacity for plastic pails and auto components and consolidation of injection moulding operations for optimum utilization of capacity;
3. To part finance setting up of a new project in our wholly owned subsidiary " Elan Incorporated , FZE ", in Sharjah ,U.A E for packaging (plastic drums and containers, coni pails) and life style products (Garden furniture);
4. To set up production facility in our wholly owned subsidiary " Novo Tech SP Z o.o." Poland , Europe for auto components (anti spray devices) and life style products (entrance matting and turf);
5. To repay Loan availed from IL&FS;
6. To acquire entire 49% holding of Time Securities Services Pvt. Ltd. in the Singapore based Joint Venture Mauser Holding Asia Pte. Ltd with Mauser Holding Netherlands B.V. holding remaining 51%.


Time Technoplast IPO Subscription Status (Bidding Detail)

The Time Technoplast IPO is subscribed 49.55 times on May 23, 2007 5:00:00 PM. The public issue subscribed 12.97 times in the retail category, 69.88 times in the QIB category, and 72.17 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Time Technoplast IPO Prospectus

Time Technoplast IPO Rating

125
4.2
Rating:Rated 4.2 stars
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Time Technoplast IPO Listing Details

Listing Date June 13, 2007
BSE Script Code 532856
NSE Symbol TIMETECHNO
ISIN INE508G01029
Final Issue Price ₹315 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹315.00
₹415.55
₹415.55
₹498.00
₹480.35
NSE
₹315.00
₹489.80
₹420.00
₹499.00
₹480.90

Check IPO Performance…

Time Technoplast Limited Contact Details

Time Technoplast Limited
Time Technoplast Limited,
213, Sabari Kachigam,
Daman (U.T.) - 396210. India
Phone: +91-260-2240156
Email: investors@timemauser.com
Website: http://www.timetechnoplast.com

Time Technoplast IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: timetechno.ipo@intimespectrum.com
Website: https://linkintime.co.in/initial_offer/public-issues.html

Time Technoplast IPO - Buy or Not

Time Technoplast IPO Recommendation Summary

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Members 0 0 0

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Time Technoplast IPO FAQs

Time Technoplast IPO is a main-board IPO of 3,921,500 equity shares of the face value of ₹10 aggregating up to ₹123.53 Crores. The issue is priced at ₹290 to ₹315 per share. The minimum order quantity is 20 Shares.

The IPO opens on May 18, 2007, and closes on May 23, 2007.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Time Technoplast IPO opens on May 18, 2007 and closes on May 23, 2007.

Time Technoplast IPO lot size is 20 Shares, and the minimum amount required is ₹6,300.

You can apply in Time Technoplast IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Time Technoplast IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Time Technoplast IPO allotment status.

The Time Technoplast IPO listing date is on June 13, 2007.
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Time Technoplast IPO Message Board

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213 Comments

213. Amit Chadha |   Link |  Bookmark |October 7, 2007 8:59:33 PM
i have 500 shares of time techno at 777. it has come down
to 759. whats now.
212. Raghav |   Link |  Bookmark |July 17, 2007 5:56:51 PM
BHARTI YOU HAVE GOT ALLOTED 90+90=180 SHARES OF HDIL
211. strong buy |   Link |  Bookmark |June 19, 2007 12:05:48 AM
target 1 of 550 achieved in 1 day.good technicals.hold or sell at 585+ (2week)
210. IPO&IPO |   Link |  Bookmark |June 18, 2007 10:36:11 PM
sell time technoplast .its going to fall down to issue price again.motilal oswal is getting out of this stock and now retailers will be caught soon.sell time technoplast as its going to go to 310-330 rs. exit and play safe.
THE ABOVE message was posted by TB at 1.42 P.M.
At the end of the day stock is up nearly 11 % and closed at 525.
i don't know why people post such type of messages to mislead others.

209. TANUSHRI |   Link |  Bookmark |June 15, 2007 7:44:13 PM
SELL TIME TECHNOPLAST CURRENT PRICE.
IF YOU WISH CAN BUY AT AROUND Rs 390/
208. Raj |   Link |  Bookmark |June 15, 2007 10:16:26 AM
Hi

The indian markets were taking global cues in the past few days and have dropped. Now that the global markets are back with the bull, the Indian markets have started the recovery. And also the big IPO has come to an end. All these factors should contribute to the upward movement of Time Technoplast. I suggest people to hold and it might hit Rs.530 - Rs.540 today and may be higher during the next week if the market keeps its upward movement. Once again these are just my views you guys make your own decisions.

PS: Due to the weekend, there might be some profit booking at the end of the day, so don't panic. But again the market has just recovered and profit booking should be less or nil.

Happy investing.
207. tanushree |   Link |  Bookmark |June 14, 2007 2:12:56 AM
Hi Himasagar,
if u get 30-40 rs up ur purchase price sell it and enter again at lower level.i think it is still risky in short term.
if u r ready to hold for long term dont worry but in short term it looks choppy.but my view is it may or may not go down but better book profits and forget it even if it goes up because there is still more chances of downside in short term.Reenter again at aroung 400 if u get.
Discolsure: I have not sold yet but tommorow i may sell 50-60% of my holdings to be on safer side
206. tanushree |   Link |  Bookmark |June 14, 2007 2:06:49 AM
hi,
although my previous staement says sell time technoplast at aroung 550 but i still think its better to offload that is sell time technoplast now 50% of ur shares at near to 500 .although long term value is intact but in short term it may fall and maybe around 400 it is again good to enter. i am not sure but on safer side book 50% profits now.
205. Raj |   Link |  Bookmark |June 13, 2007 9:08:52 PM
Hi Himasagar

My suggestion to you is avoiding loss is better than making gains. The market is bit gloomy, not just the Indian but throughout. So it is better to exit now and make little or no profit, rather than waiting for a week and ending up in more loss. If things get better you can always re-enter. But I repeat the fundamentals of the company are good and longterm investments will be fruitfull. Once again these are just my views you guys make your own decisions.

PS: I did say that it will not touch Rs. 500 today.

Happy investing.
204. Hemant |   Link |  Bookmark |June 13, 2007 8:45:31 PM
Himsagar.. as per my experience with these kind of IPOs you should sell them tomorrow early morning.. because after that it may not move up for quite a long time like nitin fire and MIC.. This is just my advice .. please do some of ur own research
203. strong buy |   Link |  Bookmark |June 13, 2007 8:12:06 PM
hold & it will show u 550+(1 week).
202. krupal |   Link |  Bookmark |June 13, 2007 5:55:20 PM
It will definately incerease not the decrease.
Wait for tomorrow it will got to 550 in the morning .
If the market breadth will good than may cross that.
201. HimaSagar |   Link |  Bookmark |June 13, 2007 4:28:22 PM
Hi all
Today morning I bought 30 shares in open at 480/-
from that time onwards it is decreasing, max is 499/-
Tanushree or any other experts, please advice me
what about tomorrow,
Is it increase or decrease ???????



200. CHKAPILA |   Link |  Bookmark |June 13, 2007 3:45:58 PM
What was the basis of allotment. I applied for 160 shares and have got no share alloted.
199. Hemant |   Link |  Bookmark |June 13, 2007 3:02:14 PM
I hope those who are holding on to it may gain .. I sold mine @ 490. But I thought not to be greedy like in Nitin Fire and MIC.. where my margins reduced in expectation of more profit.. Last hour may take it to new heights.. But its better not be greedy.. This is just my advice.. which i learnt through hard way in MIC and NItinFire.. I am also a new investor.. May be thats why more averse to taking more risk.. I hope you all gain a lot in this..
198. MAKY |   Link |  Bookmark |June 13, 2007 2:37:38 PM
Invest in LOW RISK STOCKS LIKE Time Technoplast instead of DLF. It can give a swing either ways. see what will happen on LISTING DAY.
197. maky |   Link |  Bookmark |June 13, 2007 2:28:33 PM
FINAL HOUR ACTION WILL TAKE TIME TECHNOPLAST TO 540-550 LEVELS.
196. maky |   Link |  Bookmark |June 13, 2007 2:27:02 PM
Considering the business aspect of things - TIME TECNOPLAST is an excellent stock. See how its holding well above 475 for 3 hours of volatile trade. I feel IT WILL REACH 540-550 LEVELS BY THE END OF THE DAY. The majority of action will BE IN THE FINAL HOUR. TOMMORROW SELL AT 600 + LEVELS. Thats my part of the things to come.
195. Raj |   Link |  Bookmark |June 13, 2007 1:52:12 PM
Although the fundamentals of Time Technoplast are strong, I really doubt if it will touch Rs.500 today. Given the negative sentiments in the market and all global bourses closing in negative, mega IPO (DLF and ICICI) crunching the liquidity and more over the weekend is almost round the corner. I will be amazed if it touches 550 in the next couple of weeks. I wont be surprised if it closes below 450 today. These are just my views you guys make your own decisions.

Happy investing.
194. VIJAY |   Link |  Bookmark |June 13, 2007 12:14:34 PM
buy it now it will be 600 as there is again midcap start getting funds