All Time Plastics IPO
Bookbuilding IPO | ₹401.00 Cr | Listing at BSE, NSE
IPO Open
Thu, Aug 07, 2025
IPO Close
Mon, Aug 11, 2025
Price Band
₹260.00 to ₹275.00
Market Cap (Pre-IPO)
₹1,801.37 Cr
IPO Details
| IPO Date | Aug 07, 2025 to Aug 11, 2025 |
| Listing Date | Aug 14, 2025 |
| Face Value | ₹2.00 per share |
| Price Band | ₹260.00 to ₹275.00 |
| Lot Size | 54 Shares (Minimum: ₹14,850.00) |
| Sale Type | Offer For Sale + Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹401.00 Crores |
| Total Shares Offered | 14,570,760 shares |
| Fresh Issue | 10,185,198 shares |
| Offer For Sale | 4,385,562 shares |
Subscription Data
| Category | Times Subscribed |
|---|---|
| QIB | 10.30x |
| NII | 14.01x |
| RII | 5.36x |
| Total | 8.62x |
All Time Plastics IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 72,67,504 (49.88%) |
| Retail Shares Offered | 50,87,254 (34.91%) |
| NII Shares Offered | 21,80,252 (14.96%) |
All Time Plastics IPO Lot Size
Investors can bid for a minimum of 54 shares and in multiples thereof
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 54 | ₹14,850 |
| Retail (Max) | 13 | 702 | ₹193,050 |
| S-HNI (Min) | 14 | 756 | ₹207,900 |
| S-HNI (Max) | 67 | 3,618 | ₹994,950 |
| B-HNI (Min) | 68 | 3,672 | ₹1,009,800 |
All Time Plastics Financial Information (Restated Consolidated)
All Time Plastics Ltd.'s revenue increased by 8% and profit after tax (PAT) rose by 6% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 562.32 | 415.46 | 400.48 |
| Total Income | 559.24 | 515.88 | 443.76 |
| Profit After Tax | 47.29 | 44.79 | 28.27 |
| EBITDA | 101.34 | 97.10 | 73.38 |
| NET Worth | 249.13 | 202.35 | 157.84 |
| Reserves and Surplus | 247.73 | 200.87 | 156.60 |
| Total Borrowing | 218.51 | 142.35 | 171.74 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 19.01% |
| ROCE (Return on Capital Employed) | 16.99% |
| Debt/Equity | 0.88 |
| RoNW (Return on Net Worth) | 19.01% |
| PAT Margin (Profit After Tax Margin) | 8.46% |
| EBITDA Margin | 18.16% |
| Price to Book Value | 7.15 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 8.55 | 7.22 |
| P/E (x) | 32.17 | 38.09 |
| Promoter Holding | 90.98% | 70.15% |
Company Promoters
- Kailesh Punamchand Shah
- Bhupesh Punamchand Shah and Nilesh Punamchand Shah are the company promoters.
Company Overview
Established in 1971, All Time Plastics Limited (ATPL) is an Indian company specializing in the manufacturing of plastic houseware products.
The company mainly manufacture consumerware for B2B white-label clients, while also offering products under their proprietary brand, “All Time Branded Products,” for B2C customers.
As at March 31, 2025, The company had 1,848 stock-keeping units (“SKUs”) across eight categories: Prep Time (kitchen tools for preparing cooking ingredients); Containers (food storage containers); Organization (miscellaneous storage containers); Hangers (various types of hangers); Meal Time (kitchenware); Cleaning Time (cleaning equipment); Bath Time (bathroom products); and Junior (child-friendly tableware, cutlery and other items).
The company have a long-standing relationship with global retailers, including IKEA, Asda Stores Limited, trading as Asda (“Asda”), Michaels Stores, Inc., trading as Michaels (“Michaels”) and Tesco Plc (“Tesco”).
In Fiscal 2025, the company sold the All Time Branded Products to 22 modern trade retailers, including Spencer’s Retail Limited, as well as five super distributors and 38 distributors with whom they do business directly across 23 states and six union territories in India.
Products:
- Prep Time: Chopping boards, strainers, mixing bowls, colander, measuring jugs, measuring cups and spoons, kitchen tools
- Containers: Crisper containers, store fresh containers, lock and safe containers, bestow boxes
- Hangers:Hanger, teen hanger, smart hanger with loop
- Cleaning Time: Dish drainers, bins, dustpans, drums
As at March 31, 2025, the company had 690 employees and 1,589 persons working as contract labour.
Company Strengths
- Strategically located and integrated manufacturing facilities, enabling high volume, low-cost and high quality plastic consumerware production.
- Wide and growing range of plastic consumerware products, with in-house product design and mould design teams.
- Long-standing relationships with global retailers, including IKEA, Asda, Michaels and Tesco, and Indian retailers.
- Demonstrated focus on sustainable practices and environmental responsibility.
- Strong financial performance and financial metrics.
Use of Proceeds
| 1) | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company. | 143.00 |
| 2) | Purchase of equipment and machinery for the Manekpur Facility. | 113.71 |
| 3) | General corporate purposes. | 0.40 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
All Time Plastics IPO Peer Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| All Time Plastics Limited | 9.01 | 9.01 | 47.39 | 0.00 | 19.01 | 0.00 | Consolidated |
| Shaily Engineering Plastics Ltd. | 20.29 | 20.29 | 119.18 | 80.69 | 17.00 | 0.00 | Consolidated |
| Cello World Limited | 15.50 | 15.50 | 98.12 | 40.71 | 16.82 | 0.00 | Consolidated |
Quick Info
| Sector | Plastic Products |
| Exchange | BSE, NSE |
| Market Cap (Pre-IPO) | ₹1,801.37 Cr |
| GMP | 0.00 |
Important Dates
| IPO Open | Aug 07, 2025 |
| IPO Close | Aug 11, 2025 |
| Allotment Date | Aug 12, 2025 |
| Credit to Demat | Aug 13, 2025 |
| Listing Date | Aug 14, 2025 |
Lead Manager(s)
Intensive Fiscal Services Pvt.Ltd.
Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
Description
- All Time Plastics IPO is a book build issue of ₹400.60 crores. The issue is a combination of fresh issue of 1.02 crore shares aggregating to ₹280.03 crores and offer for sale of 0.44 crore shares aggregating to ₹120.57 crores.
- All Time Plastics IPO bidding started from Aug 7, 2025 and ended on Aug 11, 2025. The allotment for All Time Plastics IPO was finalized on Aug 12, 2025. The shares got listed on BSE, NSE on Aug 14, 2025.
- All Time Plastics IPO price band is set at ₹275.00 per share . The lot size for an application is 54. The minimum amount of investment required by an retail is ₹14,040 (54 shares). The lot size investment for sNII is 14 lots (756 shares), amounting to ₹2,07,900, and for bNII, it is 68 lots (3,672 shares), amounting to ₹10,09,800.
- The issue includes a reservation of up to 35,750 shares for employees offered at a discount of ₹26.00 to the issue price.