All Time Plastics IPO Opens on August 7; Price Band Set at ₹260–₹275 per Share

New Delhi, August 4, 2025 – All Time Plastics Limited, a household consumer ware products manufacturer, has announced the price band for its upcoming ₹401-crore Initial Public Offering (IPO) at ₹260 to ₹275 per share. The issue opens for public subscription on August 7, 2025, and will close on August 11, 2025, with listing scheduled for August 14, 2025.

Key Highlights of the IPO

• The total size of the IPO is ₹401 crore.
• The price band for the issue is set between ₹260 and ₹275 per share.
• The lot size will be confirmed in the final prospectus.
• Each equity share carries a face value of ₹2.
• The company’s shares will be listed on both NSE and BSE.
• The tentative listing date is August 14, 2025.
• Anchor investor bidding will open on August 6, 2025.

Offer Structure

• The IPO includes a fresh issue of shares worth ₹280 crore.
• An offer for sale (OFS) component includes 43,85,562 equity shares, aggregating to ₹120.6 crore at the upper price band.
• The total issue size amounts to ₹401 crore.

The OFS comprises equal participation from three promoter shareholders: Kailesh, Bhupesh, and Nilesh Punamchand Shah, each offloading up to 14.61 lakh shares.

Valuation

At the upper end of the price band, the company commands a post-issue valuation of over ₹1,800 crore.

Objects of the Issue

The ₹280 crore fresh issue proceeds will be utilized for:

• The company plans to use ₹113.7 crore from the fresh issue proceeds to purchase machinery and automation systems for its Manekpur facility in Gujarat.
• An amount of ₹143 crore will be allocated towards debt repayment.
• The remaining funds will be used for general corporate purposes.

Reservation Details

• 50% of the offer is reserved for Qualified Institutional Buyers (QIBs).
• 35% of the issue is allocated to retail investors.
• 15% is set aside for Non-Institutional Investors (NIIs).
• A total of 35,750 shares are reserved under the Employee Reservation Portion.

Business Overview

With over 14 years of operational experience, All Time Plastics manufactures a wide array of plastic consumerware under eight segments, including kitchen prep tools, containers, hangers, bath products, and cleaning equipment.

The company primarily serves international markets, including the EU, UK, and US, through white-label exports and sells its proprietary “alltime” branded products in India through modern trade channels, super distributors, and general trade distributors.

Financial Snapshot

As per FY25 consolidated financials:

• The company reported revenue from operations of ₹558.2 crore in FY25.
• Net profit for the year stood at ₹47.3 crore.
• The EBITDA margin was healthy at 18.16%.
• Return on Equity (ROE) came in at 19.01%.
• Return on Capital Employed (ROCE) stood at 16.99%.

Merchant Bankers

The IPO is being managed by Intensive Fiscal Services Pvt Ltd and DAM Capital Advisors Ltd as the merchant bankers.

Registrar to the Issue

KFin Technologies Ltd has been appointed as the registrar for the issue.

The IPO, which includes both a fresh issue and an OFS component, aims to strengthen the company’s manufacturing and automation capabilities while also optimizing its capital structure. With robust export credentials and steady financial growth, All Time Plastics is looking to scale up its production and product range in the coming quarters.

REF: https://dhxsmo2hh5phd.cloudfront.net/media/Gcuxdf_Project-Sahaj—RHP-Filing-Version.pdf

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