Mumbai-based All Time Plastics Limited will open its Initial Public Offering (IPO) for subscription on August 7, 2025. The offering comprises a fresh issue of ₹280 crore and an Offer for Sale (OFS) of over 43.85 lakh shares, with proceeds earmarked for loan repayment and facility expansion.
All Time Plastics Limited (ATPL), headquartered in Mumbai, Maharashtra, is a prominent manufacturer of plastic products used across household, industrial, and commercial applications. The company operates in the consumer goods sector with significant exports and a presence in more than 60 countries. It specializes in injection-moulded plastic items and offers solutions for food storage, kitchenware, and industrial packaging.
The IPO will open on Thursday, August 7, 2025, and will close on Monday, August 11, 2025. The company has set a price band of ₹260 to ₹275 per equity share for the book-built issue. Anchor investor bidding will take place on Wednesday, August 6, 2025.
The IPO comprises two parts:
- A fresh issue of equity shares worth ₹280 crore, and
- An Offer for Sale (OFS) of 4,385,562 equity shares by the promoters.
Promoters Kailesh Punamchand Shah, Bhupesh Punamchand Shah, and Nilesh Punamchand Shah will each offload 1,461,854 equity shares under the OFS.
The net proceeds from the fresh issue will be strategically deployed as follows:
- ₹143 crore for prepayment or repayment of outstanding borrowings to reduce finance costs and improve the debt-to-equity ratio,
- ₹113.7 crore for the purchase and installation of new machinery and an Automated Storage and Retrieval System (ASRS) at the company’s Manekpur facility to modernize warehousing and enhance operational efficiency,
- The balance will be allocated for general corporate purposes, including working capital needs and organizational growth initiatives.
The equity shares will be listed on both the National Stock Exchange (NSE) and the BSE Limited, providing investors with liquidity and transparent price discovery.
The allocation of shares will follow standard regulatory guidelines:
- 50% of the net offer reserved for Qualified Institutional Buyers (QIBs),
- 15% for Non-Institutional Investors (NIIs),
- 35% for Retail Individual Investors (RIIs).
Intensive Fiscal Services Private Limited and DAM Capital Advisors Limited are serving as the Book Running Lead Managers (BRLMs) for this public issue, guiding the company through its capital market journey.
With this IPO, All Time Plastics aims to consolidate its market leadership, reduce dependency on debt, and scale up its technologically advanced production capabilities, ensuring long-term shareholder value and sustainable growth.
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