All Time Plastics IPO Day Received 0.88 Times Subscription Applications by Midday of Day 2

Mumbai, August 8: Today was the second day of All Times Plastics IPO. As of 2:19 PM on August 8, 2025, it had received 0.88 times subscription applications. Retail investors oversubscribed their portion, and the employee quota was subscribed more than two and a half times by this time.

With over 14 years of industry experience, All Time Plastics designs and manufactures plastic consumerware products such as storage containers, kitchen prep tools, bath accessories, and cleaning equipment. The company’s core revenue is export-driven, with a strong presence in the EU, UK, and US, primarily through white-label partnerships.

Insights For Investors

• IPO Size is ₹401 crore
  The public issue aims to raise ₹401 crore through a fresh issue of shares at a fixed price of ₹275 per share.
• Minimum investment is ₹14,850
  Retail investors need to apply for at least one lot (54 shares), which requires a minimum investment of ₹14,850.
• Issue closes on August 11, 2025
  Investors have time until August 11 to apply; listing is scheduled for August 14 on the exchanges.
• Anchor portion raised ₹119.91 crore
  The company secured strong anchor backing by allotting 43.6 lakh shares to institutional investors at ₹275 per share.
• Retail category is fully subscribed (1.24x)
  Retail investors have shown solid interest, with bids exceeding the available quota by 24% on Day 2.
• Employee quota is highly oversubscribed (2.75x)
  Strong internal confidence is reflected in employees bidding nearly three times their reserved portion.
• QIB subscription is still low at 0.38x
  Qualified Institutional Buyers have shown limited participation so far, which is typical as they usually bid towards the end.
• NII category subscribed at 0.66x
  The non-institutional portion is gradually building, with high-net-worth bids (bNII) showing more traction than smaller ones (sNII).
• Export-driven business model
  All Time Plastics earns most of its revenue from developed markets like the EU, UK, and US through white-label partnerships.
• Overall subscription at 0.88x
  Total bids are at 88% of the offered shares, indicating a steady build-up of interest across categories.

Subscription Status (as of 2:19 PM, August 8)

The subscription data for All Time Plastics IPO shows a strong response from individual investors. The Employee Reservation portion has been subscribed 2.75 times, with bids for 98,334 shares against 35,750 shares on offer. Retail Investors have fully subscribed their portion, with their category being subscribed 1.24 times on bids for 63,18,000 shares against the 50,87,254 shares offered.

Institutional interest is still building. The Non-Institutional Buyers category was subscribed 0.66 times, with bids for 14,41,206 shares out of 21,80,252 shares offered. This category saw a breakdown between bNII (bids above ₹10 lakh) at 0.94 times and sNII (bids below ₹10 lakh) at 0.52 times. Qualified Institutional Buyers (QIBs) have placed bids for 10,97,064 shares, resulting in a subscription of 0.38 times.

Overall, the total issue received bids for 89,54,604 shares against a total offer of 1,02,10,259 shares. The Anchor Investors portion, which was already fully subscribed, saw 43,60,502 shares allotted for a total amount of ₹119.914 crore.

Demand Snapshot (as of 2:19 PM)

The shares in the IPO are allocated to different investor categories as follows:

• Anchor Investors were offered 43,60,502 shares, valued at ₹119.91 crore, which makes up 23.03% of the total issue.
• Qualified Institutional Buyers (QIBs) have the largest allocation, with 72,67,505 shares, worth ₹199.86 crore, accounting for 38.39% of the total issue.
• Non-Institutional Investors (NIIs) were offered 21,80,252 shares, valued at ₹59.96 crore, or 11.52%of the issue. This category is further split into:
  • bNII (bids above ₹10 lakh): 7,26,751 shares.
  • sNII (bids below ₹10 lakh): 14,53,501 shares.
• Retail Investors have an allocation of 50,87,254 shares, valued at ₹139.90 crore, making up 26.87% of the issue.
• Employees were offered 35,750 shares, worth ₹0.98 crore, which is 0.19% of the total issue.

Anchor Investor Boost

Ahead of the issue opening, the company secured ₹119.91 crore from anchor investors by allocating 43.6 lakh shares at ₹275 each. This allocation was fully subscribed.

The IPO will remain open until August 11, with listing scheduled for August 14.

How To Apply?

Retail investors can apply for the IPO through any demat-enabled trading or banking platform that supports IPO applications. The minimum investment is for 1 lot, which includes 54 shares priced at ₹275 each, totalling ₹14,850. Investors must have an active demat account and a sufficient bank balance for the amount to be blocked via the ASBA process or UPI. Once applied, the amount is held until allotment is finalised.

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