All Time Plastics shares list at 14% premium over IPO price
All Time Plastics made a strong debut, opening at a premium on both BSE and NSE after a highly subscribed IPO. The IPO, priced at Rs 275, witnessed significant demand across investor segments.
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Shares of All Time Plastics made a strong market debut on Thursday, opening at Rs 314.30 on the BSE—a 14.3% premium to its issue price of Rs 275. On the NSE, the shares listed at Rs 311.30, up 13.2% from the IPO price.The Rs 401 crore IPO saw robust demand across investor segments, with an overall subscription of 8.62 times. The QIB portion was subscribed 10.30 times, the NII segment 14.01 times, and the retail category 5.36 times.The IPO was priced at Rs 275 per share and comprised a fresh issue of 1.02 crore shares worth Rs 280.09 crore and an offer for sale of 0.44 crore shares worth Rs 120.60 crore by the promoters. Ahead of the launch, the company raised Rs 119.91 crore from anchor investors, including marquee domestic and global institutions.In the grey market, All Time Plastics shares commanded a modest premium of about 4% over the issue price just ahead of the market debut, indicating expectations of a cautious but positive listing. If the sentiment sustains, the stock could open around Rs 285–290 per share on debut.All Time Plastics manufactures and sells plastic houseware products, catering primarily to the export market, which accounts for over 85% of its revenue.The company operates more than 1,800 SKUs across eight categories, ranging from kitchenware and food storage containers to cleaning products, hangers, and child-friendly tableware. It serves global retail giants such as IKEA, Tesco, Asda, and Michaels, alongside leading Indian modern trade players like Spencer's Retail.The company plans to use the net proceeds from the fresh issue to prepay or repay certain borrowings, purchase new equipment and machinery for its Manekpur facility, and for general corporate purposes.With solid subscription numbers, established global relationships, and a strong export focus, the market will now watch closely whether the company can deliver on listing day and sustain momentum in the sessions ahead.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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