The All Time Plastics IPO is one of the most awaited public issues of August 2025. Investors are closely tracking its subscription status, financials, grey market premium (GMP), and listing potential. The IPO opens for bidding on 7th August 2025 and closes on 11th August 2025, with a tentative listing on 14th August 2025 on BSE and NSE.
This article provides a comprehensive 360° analysis of the All Time Plastics IPO, covering its details, GMP, financial performance, promoter holding, objectives, subscription status, bidding requirements, and expert review to help you make an informed investment decision.
All Time Plastics IPO Key Details
The All Time Plastics IPO is a bookbuilding issue worth ₹400.60 crores. It comprises a fresh issue of 1.02 crore shares and an offer for sale (OFS) of 0.44 crore shares. The face value of shares is ₹2, and the price band is fixed between ₹260 – ₹275 per share.
IPO Timeline and Key Details:
| Event | Date/Details |
|---|---|
| IPO Open Date | 7th August 2025 |
| IPO Close Date | 11th August 2025 |
| IPO Allotment Date | 12th August 2025 |
| Refund Initiation | 13th August 2025 |
| Listing Date | 14th August 2025 |
| Issue Size | 1,45,67,380 shares (₹400.60 Cr) |
| Fresh Issue | 1,01,81,818 shares (₹280 Cr) |
| Offer for Sale (OFS) | 43,85,562 shares (₹120.60 Cr) |
| Face Value | ₹2 per share |
| Price Band | ₹260 – ₹275 per share |
| Lot Size | 54 shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE & NSE |
The registrar for this IPO is Kfin Technologies Limited, which will manage allotment and refund processes.
All Time Plastics IPO Share Reservation
SEBI mandates category-wise allocation for IPOs. For All Time Plastics Limited, the share reservation is as follows:
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the offer |
| Retail | Not less than 35% of the offer |
| NII (HNI) | Not less than 15% of the net offer |
All Time Plastics IPO GMP (Grey Market Premium)
Grey Market Premium (GMP) is the price at which IPO shares trade in the unofficial market before listing. As of 5th August 2025, All Time Plastics IPO GMP stands at ₹0 per share, indicating a listing around ₹275 per share, with 0% estimated gains.
| Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
|---|---|---|---|---|
| 05-08-2025 | ₹275.00 | ₹0.00 | ₹275.00 | 0.00% |
| 04-08-2025 | ₹275.00 | ₹0.00 | ₹275.00 | 0.00% |
| 03-08-2025 | ₹275.00 | ₹0.00 | ₹275.00 | 0.00% |
Note: GMP trends can fluctuate with subscription demand and market sentiment, so live tracking is advised for better listing expectations.
All Time Plastics Limited Financial Performance
A company’s financial health is crucial before investing in its IPO. All Time Plastics Limited has demonstrated steady growth in revenue and profitability.
| Financial Year Ended | 31-Mar-2025 (₹ Cr) | 31-Mar-2024 (₹ Cr) | 31-Mar-2023 (₹ Cr) |
|---|---|---|---|
| Assets | 562.32 | 415.46 | 400.48 |
| Revenue | 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 |
| Reserve & Surplus | 247.73 | 200.87 | 156.60 |
| Total Borrowing | 218.51 | 142.35 | 171.74 |
Key Financial Highlights:
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Revenue grew by 8% YoY (FY24 to FY25).
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PAT increased 6%, indicating consistent profitability.
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Borrowings rose to ₹218.51 crore, reflecting capacity expansion and modernization.
Technical Analysis of All Time Plastics IPO
| Key Indicator | Value |
|---|---|
| PE Ratio (Pre-Issue) | 32.17 |
| PE Ratio (Post-Issue) | 38.09 |
| EPS (Pre-Issue) | 8.55 |
| EPS (Post-Issue) | 7.22 |
| RoNW | 19.01% |
| ROCE | 16.99% |
| EBITDA Margin | 18.16% |
| Price to Book Value | 7.15 |
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Moderate PE ratio suggests the IPO is fully priced.
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Healthy RoNW of 19% reflects efficient utilization of equity.
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Steady EBITDA margins show operational efficiency.
All Time Plastics IPO Peer Comparison
| Company Name | EPS | P/E Ratio | RoNW | Revenue (₹ Cr) |
|---|---|---|---|---|
| All Time Plastics Limited | 8.55 | 32.17 | 19.01 | 515.88 |
| Shaily Engineering Limited | 20.29 | 80.69 | 17.00 | 650.00 |
| Cello World Limited | 15.50 | 40.71 | 16.82 | 2,025.00 |
Analysis:
All Time Plastics has lower revenue than peers, but its valuation is reasonable compared to Shaily Engineering.
Promoter Holding Structure
| Shareholding Status | Percentage |
|---|---|
| Pre-Issue | 90.98% |
| Post-Issue | 70.15% |
A 20.83% dilution post-IPO shows promoters will still retain strong control.
All Time Plastics IPO Objectives
The primary objectives of the ₹400.60 crore IPO are:
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Debt repayment to strengthen the balance sheet.
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Modernization of the Manekpur facility with new machinery.
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Funding for general corporate purposes to support growth and operations.
Bidding Requirements and Lot Size
| Investor Type | Min. Lot | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 54 | 14,850 |
| Retail (Max) | 13 | 702 | 1,93,050 |
| S-HNI (Min) | 14 | 756 | 2,07,900 |
| B-HNI (Min) | 68 | 3,672 | 10,09,800 |
Investors can apply via UPI or ASBA through their broker or banking platform.
Pros and Cons of All Time Plastics IPO
Pros:
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50+ year legacy with global presence in 20+ countries.
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Strong B2B client base including IKEA, Tesco, and ASDA.
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ISO-certified integrated manufacturing ensuring quality.
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Consistent top-line and bottom-line growth.
Cons:
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High competition in the plastic household products market.
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Environmental concerns reducing long-term plastic demand.
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High borrowing and reliance on B2B clients limit brand visibility.
Should You Invest in All Time Plastics IPO?
According to market experts, including Dilip Davda, the IPO is fully priced but offers stable growth prospects. Investors with a medium-to-long-term horizon can consider applying, while short-term investors should track subscription status and GMP trends for potential listing gains.
Conclusion
The All Time Plastics IPO is a ₹400.60 crore bookbuilding issue aiming to strengthen the company’s financials, expand capacity, and repay debt. With a tentative listing on 14th August 2025, the IPO has moderate valuation, stable growth, and global client credibility.
Final Verdict:
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For long-term investors: Suitable for portfolio diversification.
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For listing gains: Monitor subscription and GMP trends closely.
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