All Time Plastics Sets ₹260-275 Price Band for ₹401-Crore IPO
Consumerware manufacturer All Time Plastics has fixed a price band of ₹260 to ₹275 per share for its ₹401-crore initial public offering. The IPO, opening on August 7 and closing on August 11, values the company at over ₹1,800 crore at the upper end of the range.
The offering comprises a fresh issuance of ₹280 crore in equity shares and an offer-for-sale of 4.38 million shares by promoters. Proceeds will fund machinery acquisition at its Gujarat plant, debt repayment, and corporate expansion. Allocation is split 50% for institutional buyers, 35% for retail investors, and 15% for non-institutional participants.
With 14 years in plastic consumerware production, the company exports primarily to EU, UK, and US retailers while distributing domestically through modern trade channels and distributors. The bookrunning lead managers are Intensive Fiscal Services and DAM Capital Advisors.