All Time Plastics IPO is a book-built issue worth ₹400.60 crore. This includes a fresh issue of 1.02 crore equity shares, aggregating to ₹280 crore, and an offer for sale of 0.44 crore shares, totalling ₹120.60 crore. The IPO will open for subscription on August 7, 2025, and close on August 11, 2025.
Allotment is expected to be finalised on August 12, 2025, and the shares are likely to be listed on BSE and NSE on August 14, 2025. The IPO price band has been set between ₹260 and ₹275 per share. Retail investors can apply for a minimum of 54 shares, requiring an investment of ₹14,040.
The lot size for sNII is 14 lots (756 shares), which amounts to ₹2,07,900, while for bNII, the lot size is 68 lots (3,672 shares), amounting to ₹10,09,800. Intensive Fiscal Services Private Limited is acting as the book-running lead manager for the issue, and Kfin Technologies Limited is the registrar. For more details, refer to the Red Herring Prospectus (RHP) of All Time Plastics IPO.
Industry Outlook
- The global consumerware market is expected to grow from USD 120 billion in 2024 to USD 163 billion by 2029, at a CAGR of 6.3%, driven by rising disposable income and demand for modern, functional living spaces.
- The global plastic houseware market is projected to rise from USD 30.5 billion in 2024 to USD 41.2 billion in 2029, growing at a CAGR of 6.2%, due to increasing preference for durable, lightweight plastic products.
- The Indian consumerware market is expected to grow from INR 299.9 billion in FY25 to INR 498.7 billion by FY30, registering a CAGR of 10.7%, supported by urbanisation, changing lifestyles, and higher online product accessibility.
All Time Plastics IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- The company plans to repay or prepay existing borrowings and reduce interest burden on the company.
- Some of the funds will be used to purchase machinery and install an automated storage system at the Manekpur facility.
- Any remaining funds will be used for general corporate purposes to support overall growth.
About All Time Plastics Limited
All Time Plastics Limited is a plastic consumerware manufacturing company with 14 years of experience in producing household products. The company mainly operates in the B2B segment, supplying white-label products to global and domestic retailers.
It also markets products under its own brand, “All Time Branded Products,” through a network of distributors and retailers across India. The company offers a wide product range across eight categories, with 1,848 SKUs as of March 31, 2025. Its product segments include food storage, kitchen tools, cleaning equipment, bathroom items, and child-friendly tableware.
All Time Plastics has built strong and long-term relationships with major global retailers such as IKEA, Asda, Michaels, and Tesco. In India, it supplies to leading modern trade retailers like Spencer’s Retail. The company’s manufacturing units are located in Daman, Silvassa, and Manekpur, positioned strategically near key ports and logistics hubs.
These facilities are equipped with modern automation, robotics, and ERP systems, allowing efficient and high-quality production. The combined production capacity stands at 33,000 tonnes per annum, with a capacity utilisation of 79.48% in FY25.
The company focuses on sustainable manufacturing, with 27.21% of raw materials sourced from recycled inputs in FY25. Certifications like GRS and third-party audits such as the Sedex audit support its commitment to quality, ethics, and environmental responsibility.
With a strong export presence and emphasis on innovation, automation, and eco-conscious practices, All Time Plastics Limited continues to be a key player in the global plastic consumerware industry.
How To Check the Allotment Status of All Time Plastics IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for the All Time Plastics IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the All Time Plastics IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of All Time Plastics IPO
Registered office: B-30, Royal Industrial Estate, Wadala, Mumbai – 400 031,
Maharashtra, India
Phone: (+91 22) 6620 8900
E-mail: companysecretary@alltimeplastics.com
All Time Plastics IPO Reservation
|
Investor Category |
Shares Offered |
|
QIB Shares |
Not more than 50% of the Net Offer |
|
Retail Shares |
Not less than 35% of the Offer |
|
NII Shares |
Not less than 15% of the Net Offer |
Investor Category Reservations
|
Application Category |
Maximum Bidding Limit |
Cut-off Price Allowed |
|
RII Only |
Up to ₹2 Lakh |
Yes |
|
sNII Only |
₹2 Lakhs to ₹10 Lakh |
No |
|
bNII Only |
Above ₹10 Lakh |
No |
|
Employee Only |
Up to ₹5 Lakh |
Yes |
|
Employee + RII |
● Employee: Up to ₹5 Lakh ● RII: Up to ₹2 Lakh |
Yes (Employee only) |
|
Employee + NII |
● Employee: Up to ₹5 Lakh ● sNII: ₹2–10 Lakh ● bNII: Above ₹10 Lakh |
Yes (Employee only) |
All Time Plastics IPO Lot Size
|
Application |
Lots |
Shares |
Amount |
|
Retail (Min) |
1 |
54 |
₹14,850 |
|
Retail (Max) |
13 |
702 |
₹1,93,050 |
|
S-HNI (Min) |
14 |
756 |
₹2,07,900 |
|
S-HNI (Max) |
67 |
3,618 |
₹9,94,950 |
|
B-HNI (Min) |
68 |
3,672 |
₹10,09,800 |
All Time Plastics IPO Promoter Holding
The promoter of the company is Kailesh Punamchand Shah, Bhupesh Punamchand Shah and Nilesh Punamchand Shah.
|
Share Holding Pre-Issue |
90.98% |
|
Share Holding Post Issue  |
70.15% |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for All Time Plastics IPO
|
KPI |
Value |
|
Debt/Equity  |
0.88 |
|
ROE (%) |
19.01 |
|
RoCE (%) |
16.99 |
|
RoNW (%) |
19.01 |
|
PAT Margin (%) |
8.46 |
|
Price to Book Value |
7.15 |
|
EBITDA Margin (%) |
18.16 |
All Time Plastics IPO Prospectus
All Time Plastics IPO Registrar and Lead Managers
All Time Plastics IPO Lead Managers
- Intensive Fiscal Services Private Limited
Registrar for All Time Plastics IPO
Kfin Technologies Limited
- Contact Number: 04067162222, 04079611000
- Email Address: ipo@kfintech.com
All Time Plastics IPO Registrar
Financial Performance of All Time Plastics Limited
| Particulars | Year ending on March 31, 2025 | Year ending on March 31, 2024 |
|---|---|---|
| Revenue from Operation (in ₹ million) | 5,581.67 | 5,128.53 |
| Profit After Tax (in ₹ million) | 472.94 | 447.90 |
| Earnings per share (in ₹) | 9.01 | 8.53 |
| Net Worth (in ₹ million) | 2,491.25 | 2,023.46 |
| Return on Equity (%) | 19.01 | 22.18 |
| Return on capital employed (RoCE) (%) | 16.99 | 22.64 |
| EBITDA (in ₹ million) | 1,013.37 | 971.01 |
Know before investing
Strengths
8Three manufacturing units strategically located near ports and petrochemical plants ensure efficiency.
1,848 SKUs across 8 categories serve diverse home and kitchen needs.
Strong ties with global retailers like IKEA, Tesco, Asda, and Michaels.
CAGR of 29.34% in profit from ₹282.7M (FY23) to ₹472.94M (FY25).
Zero landfill waste and water recycling show commitment to sustainability and environment.
Promoters with 50+ years of legacy experience in plastic consumerware manufacturing business.
The use of modern technologies like SCADA (Supervisory Control and Data Acquisition) and NX Mold Wizard helps the company boost automation, improve mould design, and increase overall production efficiency.
Targeting ₹4.7 billion bamboo market by 2029 through sustainable export product expansion.
Risks
8Top customers contributed 59.29% revenue in FY25 — high client concentration risk.
No long-term contracts with customers increases unpredictability in future sales orders.
78.42% revenue in FY25 came from the top four customers increasing dependency.
73.24% raw material cost in FY25 came from top 10 suppliers.
Volatile plastic prices and no long-term contracts may hurt profitability significantly.
Changing preferences against plastic can make products less attractive or even obsolete.
Heavily dependent on Promoters’ leadership without a visible succession plan in place.
Highly competitive market with pressure on pricing could affect future growth margins.
All Time Plastics Limited Peer Comparison
| Company Name | EPS (Basic) | NAV (per share) (₹) | P/E (x) | RoNW (%) |
|---|---|---|---|---|
| All Time Plastics Limited | 9.01 | 47.39 | - | 19.01 |
| Shaily Engineering Plastics Limited | 20.29 | 119.18 | 80.69 | 17.00 |
| Cello World Limited | 15.50 | 98.12 | 40.71 | 16.82 |
