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.
Time Technoplast Limited (TTL) is entering the capital markets with an initial public offering, IPO of 52,21,500 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs 290/- at lower level and Rs 315/- at upper level for equity share of Rs 10. The issue opens on May 18, 2007, and closes for subscription on May 23, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).