- Bid /Offer will close on Monday, August 11, 2025
- The Anchor Investor Bidding Date shall be Wednesday, August 6, 2025
- Bids can be made for a minimum of 54 Equity Shares and in multiples thereof
- A discount of ₹26/- per Equity Share is offered to eligible employees bidding in the Employee Reservation Portion.
NE BUSINESS BUREAU
AHMEDABAD, AUG 5
Consumer ware products maker All Time Plastics Limited, which is backed by the ace investor Sunil Singhania-owned Abakkus Asset Manager, on Tuesday fixed a price band of ₹260 to ₹ 275 per share for its ₹ 401-crore initial public offering (IPO).
The initial share-sale will be open for public subscription on Thursday, August 7 and conclude on Monday, August 11. The anchor book of the offer will be launched entirely for institutional investors on Wednesday, August 6, the company announced.
The IPO is a combination of fresh issuance of equity shares worth up to ₹ 280 crore by the company, and an offer-for-sale of over 43.8 lakh equity shares valued ₹ 120.6 crore, at the upper-end of the price band, by promoters. This takes the total issue size to ₹ 401 crore.
The Offer for Sale comprises up to 1,461,854 Equity Shares by Kailesh Punamchand Shah; up to 1,461,854 Equity Shares by Bhupesh Punamchand Shah and up to 1,461,854 Equity Shares by Nilesh Punamchand Shah.
The IPO aims to utilise ₹ 143 crore of the fresh issue proceeds for debt repayment. Additionally, ₹ 113.7 crore will be invested in equipment and machinery for the Manekpur facility and installing an automated storage and retrieval system (ASRS) at the warehouse. Remaining funds will serve general corporate purposes.
Half of the issue size has been reserved for qualified institutional buyers, 35 per cent for retail investors and the remaining 15 per for non-institutional investors.
All Time Plastics has 14 years’ experience of manufacturing plastic consumerware products for everyday household needs. It primarily exports products to retailers in the European Union, the UK, and the US. In India, it sells through modern trade retailers, super distributors (who supply to distributors), and distributors (who supply to general trade stores).
Currently, promoters have 90.98 percent shareholding in the company, and the remainder 9.02 percent shares are owned by public shareholders including Abakkus Four2Eight Opportunities Fund.
Established in 1971, All Time Plastics Limited specialises in manufacturing plastic houseware products. The company had 1,848 “SKUs” across eight categories as of 31 March 2025. Their product lines include Prep Time, Containers, Organisation, Hangers, Meal Time, Cleaning Time, Bath Time, and Junior items.
Financially, All Time Plastics reported a profit of ₹ 47.3 crore for the year ending March 2025, marking a 5.6 percent increase from the previous year. Revenue also saw an uptick of 8.8 percent, reaching ₹558.1 crore. This growth underscores the company’s solid position in the market.
In fiscal year 2025, their white-label segment contributed 91.66 percent, while “All Time Branded Products” accounted for 7.56 percent of revenue.
The company is expected to list on the stock exchanges, BSE & NSE, on August 14.
Intensive Fiscal Services and DAM Capital Advisors are the merchant bankers for All Time Plastics’ public issue.
