Latest news with #AllTimePlastics'
News18
19 hours ago
- Business
- News18
All Time Plastics IPO Listing: Shares List At 14% Premium Over Issue Price; Details Here
On the BSE, All Time Plastics' shares open at Rs 314.30, marking a 14.29 per cent gain, and later rose as much as 17.14 per cent to Rs 322.15. All Time Plastics IPO Listing: Shares of consumerware products maker All Time Plastics Ltd made a decent debut on Thursday, listing with a premium of more than 14 per cent over the issue price of Rs 275. On the BSE, the stock opened at Rs 314.30, marking a 14.29 per cent gain, and later rose as much as 17.14 per cent to Rs 322.15. However, the stock cooled from the day's high and was trading at Rs 295.1 as of 11:27 am, which is 7.3 per cent higher than the issue price. On the NSE, it began trading at Rs 311.30, up 13.2 per cent from the issue price. The company's market capitalisation stood at Rs 1,976.37 crore. The Rs 401-crore initial public offering (IPO) had received 8.34 times subscription by the close of bidding on Monday. The price band was fixed at Rs 260–Rs 275 per share. The offer comprised a fresh issue of equity shares worth up to Rs 280 crore and an offer for sale of over 43.8 lakh shares valued at ₹120.6 crore, at the upper end of the price band, by the promoters. Proceeds from the fresh issue will be used for acquiring machinery for the company's Manekpur plant in Gujarat, repaying debt, funding general corporate needs, and supporting expansion plans. With 14 years in the business, All Time Plastics manufactures plastic consumerware for everyday household use. The company primarily exports to major retailers in the European Union, the UK, and the US, while in India, it sells through modern trade channels, super distributors, and distributors catering to general trade outlets. The IPO was a combination of fresh issuance of equity shares worth up to Rs 280 crore by the company, and an offer-for-sale of over 43.8 lakh equity shares valued Rs 120.6 crore, at the upper end of the price band, by promoters. This takes the total issue size to Rs 401 crore. All Time Plastics garnered Rs 120 crore from anchor investors, ahead of the IPO. Intensive Fiscal Services and DAM Capital Advisors are the merchant bankers for All Time Plastics' public issue. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Economic Times
3 days ago
- Business
- Economic Times
All Time Plastics IPO allotment out today. Here's how you can check status
How to check allotment status Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel All Time Plastics will put out the basis of allotment for its Rs 401 crore IPO, paving the way for investors to find out whether they have received shares in the strongly subscribed book-built IPO, which was open from August 7 to August 11, 2025, garnered an overall subscription of 8.34 times. The qualified institutional buyers (QIB) portion was subscribed 10.30 times, the non-institutional investor (NII) category a robust 13.95 times, and the retail investor segment 5.13 can check their allotment through the IPO registrar, Kfin Technologies Limited Visit the Kfintech IPO allotment 'All Time Plastics' from the your PAN, application number, or DP/Client the details to view your allotment status can also be checked via the BSE to Select 'Equity' and 'All Time Plastics' from the your application number and 'Search' to check your for applicants who did not receive shares and credit of shares to successful bidders' demat accounts are scheduled for Wednesday. Trading in the company's shares will commence on Thursday on both the BSE and the grey market, the stock is trading at a modest 3% premium to the issue price, indicating muted but positive expectations ahead of in 1971, All Time Plastics is a leading manufacturer of plastic houseware products, with more than 1,800 SKUs across eight categories, including kitchenware, storage containers, hangers, cleaning products, and child-friendly company serves both domestic and export markets, with over 85% of revenue coming from international clients, including global retail giants like IKEA, Tesco, Asda, and IPO comprised a fresh issue of 1.02 crore shares worth Rs 280 crore and an offer for sale of 0.44 crore shares worth Rs 120.60 crore. The price band was set at Rs 260–275 per share, with a lot size of 54 from the fresh issue will be used to prepay or repay borrowings, purchase equipment and machinery for the company's Manekpur facility, and meet general corporate expenses.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
3 days ago
- Business
- Time of India
All Time Plastics IPO allotment out today. Here's how you can check status
All Time Plastics will put out the basis of allotment for its Rs 401 crore IPO, paving the way for investors to find out whether they have received shares in the strongly subscribed issue. The book-built IPO, which was open from August 7 to August 11, 2025, garnered an overall subscription of 8.34 times. The qualified institutional buyers (QIB) portion was subscribed 10.30 times, the non-institutional investor (NII) category a robust 13.95 times, and the retail investor segment 5.13 times. Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program How to check allotment status Investors can check their allotment through the IPO registrar, Kfin Technologies Limited . Visit the Kfintech IPO allotment page. Live Events Select 'All Time Plastics' from the dropdown. Enter your PAN, application number, or DP/Client ID. Submit the details to view your allotment status. The status can also be checked via the BSE website. Go to Select 'Equity' and 'All Time Plastics' from the dropdowns. Enter your application number and PAN. Click 'Search' to check your status. Refunds for applicants who did not receive shares and credit of shares to successful bidders' demat accounts are scheduled for Wednesday. Trading in the company's shares will commence on Thursday on both the BSE and NSE. In the grey market, the stock is trading at a modest 3% premium to the issue price, indicating muted but positive expectations ahead of listing. Founded in 1971, All Time Plastics is a leading manufacturer of plastic houseware products, with more than 1,800 SKUs across eight categories, including kitchenware, storage containers, hangers, cleaning products, and child-friendly tableware. The company serves both domestic and export markets, with over 85% of revenue coming from international clients, including global retail giants like IKEA, Tesco, Asda, and Michaels. The IPO comprised a fresh issue of 1.02 crore shares worth Rs 280 crore and an offer for sale of 0.44 crore shares worth Rs 120.60 crore. The price band was set at Rs 260–275 per share, with a lot size of 54 shares. Proceeds from the fresh issue will be used to prepay or repay borrowings, purchase equipment and machinery for the company's Manekpur facility, and meet general corporate expenses. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Hans India
3 days ago
- Business
- Hans India
All Time Plastics IPO Oversubscribed 8.34 Times
All Time Plastics' IPO got bids for 8.79 crore shares. Only 1.05 crore shares were offered. The IPO was oversubscribed 8.34 times. It ran from 7 to 11 August 2025. The price band was Rs 260 to Rs 275 per share. The offer has a fresh issue of Rs 280 crore. There is also an offer for sale worth about Rs 114 to Rs 121 crore. The company will use the money to repay Rs 143 crore debt. It will buy new equipment for the Manekpur plant. An automated storage system will also be installed. The Manekpur plant will produce 16,500 tonnes by FY26. Production will rise to 22,500 tonnes by FY27. After the IPO, promoters' share will fall from 90.79% to 69.97%. All Time Plastics makes plastic goods. It exports to 29 countries. Clients include IKEA. The company has three factories with a total capacity of 33,000 tonnes. In FY25, sales were Rs 558 crore. Net profit was Rs 47 crore. Anchor investors bought Rs 120 crore shares before the IPO.
Economic Times
4 days ago
- Business
- Economic Times
All Time Plastics IPO: GMP drops to 3%; issue booked 1.26x on Day 3. Should you subscribe? Check key details
All Time Plastics' Rs 401 crore Initial Public Offering (IPO) is witnessing mild investor enthusiasm, with shares currently trading at a 3.3% premium in the grey market over the issue price of Rs 275 on Day 3 of subscription. At its peak, the grey market premium had touched around 9%, suggesting that early excitement has eased, but investors still expect a modest gain at listing. ADVERTISEMENT As per stock exchange data, the All Time Plastics IPO was subscribed 1.26 times overall as of 10:12 AM on the third and final day of bidding. The bulk of this demand came from retail investors, who have shown relatively higher interest compared to institutional and high-net-worth segments. The Grey Market Premium (GMP) for All Time Plastics shares currently stood at around Rs 9–10 per share as per the latest updates, reflecting a 3.3% to 3.4% premium over the IPO issue price of Rs 275. This GMP hints at a possible listing of around Rs 284–285. While GMP isn't an official indicator, it often provides insight into market demand and listing expectations ahead of formal of 10:12 AM on Day 3, the IPO has been subscribed 1.26 times overall, showing a modest level of interest ADVERTISEMENT Retail Individual Investors (RIIs) have shown comparatively stronger interest. They have subscribed to 1.44 times the 52.92 lakh shares reserved for them—signalling retail confidence in the Non-Institutional Investor (NII) segment, which includes high-net-worth individuals and corporates, has subscribed to 85% of its allocated 22.68 lakh shares. This is relatively subdued but could improve as the day progresses. ADVERTISEMENT Qualified Institutional Buyers (QIBs) have subscribed to 37% of their 29.49 lakh share quota as of now. All Time Plastics IPO Price Band and Listing Details ADVERTISEMENT All Time Plastics has fixed its IPO price band at Rs 260 to Rs 275 per share for its upcoming initial public offering (IPO). Shares of the company are scheduled to be listed on both the BSE and National Stock Exchange (NSE) on August Time Plastics is a key supplier to major global retail chains such as IKEA, Tesco, Asda, and Michaels. ADVERTISEMENT While the company has traditionally operated under a business-to-business (B2B) model, it has gradually diversified into the business-to-consumer (B2C) segment through its in-house brand, "All Time." Currently, it offers a wide range of 1,848 stock-keeping units (SKUs) across product categories such as kitchenware, bathware, storage containers, and child-friendly Time Plastics runs three manufacturing facilities located in Daman, Silvassa, and Manekpur, collectively offering an installed production capacity of 33,000 tonnes per annum (TPA) as of FY25. The IPO proceeds will primarily be utilised to repay outstanding debt worth Rs 143 crore, invest Rs 113.7 crore in new machinery for the Manekpur plant, and meet working capital and general corporate needs. The expansion is expected to enhance manufacturing efficiency and help meet growing demand from both domestic and international company's financial performance has shown consistent improvement between FY23 and FY25. Revenues increased from Rs 443 crore to Rs 558 crore, while profit after tax (PAT) rose from Rs 28 crore to Rs 47 crore. The EBITDA margin strengthened to 18.12% in FY25, and the return on equity reached 19.01%. Based on the upper end of the IPO price band, the stock is priced at a price-to-earnings (P/E) ratio of 30.52x and a price-to-book (P/B) ratio of 5.80x. According to a report by Canara Bank Securities, All Time Plastics' IPO has been assigned a 'Subscribe' rating, particularly suited for investors with a medium to long-term investment horizon. The brokerage highlights the company's robust export presence, well-established relationships with leading global retailers, healthy margin profile, and planned capacity expansion as key factors supporting its growth trajectory. The report also notes that, when compared to listed peers such as Shaily Engineering (trading at a P/E of 78.93x) and Cello World (P/E of 38.18x), All Time Plastics is reasonably valued at the upper end of its price the report also cautions investors about certain risks. These include the lack of long-term supply contracts with customers, exposure to raw material price fluctuations, and margin pressure from international retailers. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
