All Time Plastics IPO open now; Price band: Rs 260-275

New Delhi, August 7, 2025 – All Time Plastics Limited, a manufacturer of plastic consumerware products, opened its ₹401 crore Initial Public Offering (IPO) for subscription today. The public issue follows a successful anchor round in which institutional investors committed ₹119.91 crore, subscribing to 43.6 lakh equity shares at ₹275 per share on August 6. IPO price band is Rs 260 – 275 per share.

Strong Institutional Backing Sets the Tone

Twelve anchor investors were allotted a total of 43,60,502 equity shares, raising ₹119.91 crore. The allocation is as follows:

• Ashoka India Equity Investment Trust PLC received 5,08,734 shares with an investment of ₹13.99 crore.
• Bandhan Small Cap Fund also picked up 5,08,734 shares, investing ₹13.99 crore.
• Canara Robeco Manufacturing Fund secured 5,08,734 shares, committing ₹13.99 crore.
• Abakkus Diversified Alpha Fund was allotted 5,08,734 shares worth ₹13.99 crore.
• ABSL UCITS India Frontline Equity Fund got 5,08,734 shares with a total value of ₹13.99 crore.
• Edelweiss Recently Listed IPO Fund took 3,27,240 shares, amounting to ₹9 crore.
• Edelweiss Aggressive Hybrid Fund received 1,81,494 shares for ₹5 crore.
• 360 ONE Equity Opportunity Fund – Series 4 picked up 3,26,915 shares, investing ₹8.99 crore.
• 360 ONE Equity Opportunity Fund – Series 2 got 1,81,819 shares for ₹5 crore.
• NUVAMA Crossover Opportunities Fund – Series III B invested ₹6.99 crore for 2,54,367 shares.
• NUVAMA Crossover Opportunities Fund – Series 4A also received 2,54,367 shares for ₹6.99 crore.
• Gagandeep Credit Capital Pvt Ltd was allotted 2,90,630 shares, investing ₹7.99 crore.
• The anchor allocation reflects a healthy mix of domestic and global institutional interest, boosting credibility ahead of the broader IPO launch.

Of the total anchor allocation, 35% (15.26 lakh shares) were subscribed by domestic mutual funds through four schemes.

IPO Details at a Glance

The public issue is set to open for subscription from August 7. It will remain open until August 11, 2025. The company has fixed a price band between ₹260 and ₹275 per share. Investors can bid for a minimum of 54 shares, and in multiples thereafter.

The total issue size stands at ₹401 crore. This includes a fresh issue worth ₹280 crore. It consists of an offer for sale of ₹120.6 crore. This translates to 43.85 lakh shares being offloaded by existing shareholders. Eligible employees will get a discount of ₹26 per share. Each equity share carries a face value of ₹2. The stock is scheduled to list on the exchanges on August 14, 2025.

Fund Utilization

• ₹113.7 crore for machinery and automation at the Manekpur plant in Gujarat
• ₹143 crore for debt repayment
• Balance for general corporate purposes

Allocation Structure

Out of the total offer, 50% of the shares have been reserved for Qualified Institutional Buyers (QIBs), while retail investors will have access to 35% of the issue. Non-Institutional Investors (NIIs) have been allocated 15% of the shares. Additionally, employees of the company will have a separate quota of 35,750 shares, offered to them at a discounted price.

Key Advisors

All Time Plastics IPO is being managed by Intensive Fiscal Services Private Limited and DAM Capital Advisors Limited as the Book Running Lead Managers. KFin Technologies Limited is acting as the registrar to the issue. Axis Bank and ICICI Bank are serving as the designated sponsor banks.

REF: https://nsearchives.nseindia.com/content/ipo/ANCHOR_ALLTIME.zip

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