Latest news with #TimePlastics
Economic Times
2 days ago
- Business
- Economic Times
All Time Plastics shares list at 14% premium over 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. 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. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads 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 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 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 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 Time Plastics manufactures and sells plastic houseware products, catering primarily to the export market, which accounts for over 85% of its 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 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 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)
Economic Times
5 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)
Time of India
5 days ago
- Business
- Time of India
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 IPO is modestly subscribed at 1.26 times, with retail investors showing strong interest on Day 3. The grey market premium stands around 3.3%, indicating a potential listing price slightly above the issue price of Rs 275. Tired of too many ads? Remove Ads All Time Plastics IPO GMP Today: Indicates Mild Positive Sentiment Tired of too many ads? Remove Ads Business Model and Operations Tired of too many ads? Remove Ads Financial Performance Investment Outlook 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 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 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– 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 interestRetail 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 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 DetailsAll 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 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 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.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
08-08-2025
- Business
- Economic Times
All Time Plastics IPO fully subscribed on Day 2. Check details
The initial share sale of consumerware products maker All Time Plastics Ltd got fully subscribed on Thursday, the day two of bidding. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The initial share sale of consumerware products maker All Time Plastics Ltd got fully subscribed on Thursday, the day two of company's initial public offering ( IPO ) got bids for 1,07,80,074 shares against 1,05,46,297 shares on offer, translating into 1.02 times subscription, as per individual investors (RIIs) quota garnered 1.44 times subscription while the portion for non-institutional investors received 85 per cent subscription. Qualified institutional buyers (QIBs) part got subscribed 37 per Time Plastics on Wednesday said it has garnered Rs 120 crore from anchor company's public issue, with a price band of Rs 260-275 per share, will conclude on August 11. At the upper end of the price band, the company is valued over Rs 1,800 IPO is 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 company plans to utilise funds raised from fresh issuance for acquiring machinery for its Manekpur plant in Gujarat, payment of debt, general corporate purposes and other expansion Time Plastics has 14 years' experience of manufacturing plastic consumerware products for everyday household needs. It primarily exports products to retailers in the European Union, the UK, and the India, it sells through modern trade retailers, super distributors (who supply to distributors), and distributors (who supply to general trade stores).Intensive Fiscal Services and DAM Capital Advisors are the merchant bankers for All Time Plastics' public issue. The company is expected to list on the stock exchanges on August 14.
Time of India
04-08-2025
- Business
- Time of India
All Time Plastics' IPO to open on Aug 7; sets price band at Rs 260-275/share
Consumer ware products maker All Time Plastics on Monday fixed a price band of Rs 260 to Rs 275 per share for its Rs 401-crore initial public offering (IPO). Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Consumer ware products maker All Time Plastics on Monday fixed a price band of Rs 260 to Rs 275 per share for its Rs 401-crore initial public offering ( IPO ).The initial share-sale will be open for public subscription on August 7 and conclude on August 11, the company the upper-end of the price band, the company is valued over Rs 1,800 IPO is 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 company plans to utilise funds raised from fresh issuance for acquiring machinery for its Manekpur plant in Gujarat, payment of debt, general corporate purposes and other expansion of the issue size has been reserved for qualified institutional buyers, 35 per cent for retail investors and the remaining 15 per for non-institutional Time Plastics has 14 years' experience of manufacturing plastic consumerware products for everyday household needs. It primarily exports products to retailers in the European Union, the UK, and the US. In India, it sells through modern trade retailers, super distributors (who supply to distributors), and distributors (who supply to general trade stores).Intensive Fiscal Services and DAM Capital Advisors are the merchant bankers for All Time Plastics' public issue. The company is expected to list on the stock exchanges on August 14.
