All Time Plastics IPO

All Time Plastics IPO is a bookbuilt issue of ₹400.60 crore. It combines a fresh issue of 1.02 crore shares aggregating to ₹280.00 crore and an offer for sale of 0.44 crore shares aggregating to ₹120.60 crore.

The IPO opens for subscription on August 7, 2025, and closes on August 11, 2025. The allotment is expected to be finalized on Tuesday, August 12, 2025. The price band for the IPO is set at ₹260 to ₹275 per share, and the minimum lot size for an application is 54 shares. 

Company Summary

Established in 1971, All Time Plastics Limited (ATPL) is an Indian company specializing in the manufacturing of plastic houseware products.

The company mainly manufactures 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 has 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.

As of March 31, 2025, the company had 690 employees and 1,589 persons working as contract labour.

Product portfolio

  • 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

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.

Company Financials

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets562.32415.46400.48
Revenue559.24515.88443.76
Profit After Tax47.2944.7928.27
EBITDA101.3497.173.38
Net Worth249.13202.35157.84
Reserves and Surplus247.73200.87156.6
Total Borrowing218.51142.35171.74
                                                                                                                                                                                                 Amount in ₹ Crore

Objectives of IPO

  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company.
  • Purchase of equipment and machinery for the Manekpur Facility.
  • General corporate purposes.

Promoters of the Company

Kailesh Punamchand Shah, Bhupesh Punamchand Shah, and Nilesh Punamchand Shah are the company promoters.

IPO Details

IPO DateAugust 7, 2025 to August 11, 2025
Listing DateAugust 14, 2025
Face Value₹2 per share
Price Band₹260 to ₹275 per share
Lot size54 shares
Total Issue Size1,45,67,380 shares (aggregating up to ₹400.60 Cr)
Fresh Issue1,01,81,818 shares (aggregating up to ₹280.00 Cr)
Offer for sale43,85,562 shares of ₹2 (aggregating up to ₹120.60 Cr)
Issue typeBookbuilding IPO
Listing atNSE, BSE
Share Holding Pre Issue5,53,22,580 shares
Share Holding Post Issue6,55,04,398 shares

Category Reservation Table

Application CategoryMaximum Bidding LimitsBidding at Cut-off Price Allowed
Only RIIUpto Rs 2 LakhsYes
Only sNIIRs 2 Lakhs to Rs 10 LakhsNo
Only bNIIRs 10 Lakhs to NII Reservation PortionNo
Only employeeUpto Rs 5 lakhsYes
Employee + RII/NII1. Employee limit: Upto Rs 5 lakhs (In certain cases, employees are given discount if bidding amount is upto Rs 2 Lakhs) 2. If applying as RII: Upto Rs 2 Lakhs 3. If applying as NII: sNII > Rs 2 Lakhs and upto Rs 10 Lakhs and bNII > Rs 10 lakhsYes for Employee and RII/NII

Lot Allocation Details

ApplicationLotsSharesAmount
Retail (Min)154₹14,850.00
Retail (Max)13702₹1,93,050.00
S-HNI (Min)14756₹2,07,900.00
S-HNI (Max)673,618₹9,94,950.00
B-HNI (Min)683,672₹10,09,800.00

Allotment Schedule

Basis of AllotmentTue, 12 Aug, 2025
Initiation of RefundsWed, 13 Aug, 2025
Credit of Shares to DematWed, 13 Aug, 2025
Tentative Listing DateThu, 14 Aug, 2025
Cut-off time for UPI mandate confirmation5 PM on August 11, 2025

IPO Reservation

Investor Category

Shares Offered

QIB Shares Offered

Not more than 50% of the Net Offer

Retail Shares Offered

Not less than 35% of the Net Offer

NII Shares Offered

Not less than 15% of the Net Offer

To check allotment, click here

Download NOVO App!

Invest in Zero-commission Direct Mutual funds, IPO, Sovereign Gold bonds, Government bills, and Corporate bonds.