All Time Plastics IPO Closes Today with Full Subscription

New Delhi, 8 August, 2025: All Time Plastics is scheduled to be closed for subscription today, marking the culmination of a four-day bidding period that began on August 7, 2025. The IPO, which has an issue size of approximately Rs 401 crore, has already been fully subscribed, with a strong response being received across various investor categories.

The IPO consists of a fresh issue of equity shares valued at up to Rs 280 crore, and an offer-for-sale (OFS) of over 43.8 lakh shares. The funds raised from the fresh issue are intended to be utilized for the acquisition of new machinery for the company’s plant in Manekpur, Gujarat, the repayment of certain debts, and for general corporate purposes. This strategic use of capital is expected to support the company’s expansion plans and enhance its manufacturing capabilities.

The subscription status of the IPO has shown a positive trend, with an overall subscription of 1.02 times reported as of Friday, August 8. The retail individual investors (RIIs) portion has been subscribed 1.44 times, reflecting a notable interest from individual investors. The portion reserved for employees has also been oversubscribed, with a particularly robust response of 3.13 times being observed. The non-institutional investors (NIIs) and qualified institutional buyers (QIBs) portions have seen a more measured response, with subscription levels of 0.85 times and 0.37 times, respectively, being reported. It is a common market practice for institutional investors to place their bids closer to the closing date, and their final participation is a key determinant of the overall subscription figure.

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The price band for the IPO has been fixed at Rs 260 to Rs 275 per share, with a face value of Rs 2 per share. The Grey Market Premium (GMP), an unofficial indicator of investor sentiment, has been fluctuating. As of today, the GMP is being reported at around Rs 19 to Rs 23, suggesting that a positive listing is anticipated by market observers. However, it is a speculative figure and is not an official measure of the final listing price.

All Time Plastics, a manufacturer of plastic consumerware products for household needs, has a history of supplying products to major global retailers in the European Union, the UK, and the US. In India, its products are sold through a mix of modern trade, super distributors, and general distributors. The company’s financial performance in recent years has been characterized by consistent growth in revenue and profit after tax, which has been cited as a positive factor by analysts. The shares are expected to be allotted on August 12, 2025, and are tentatively scheduled to be listed on both the BSE and NSE on August 14, 2025.