Alice Blue Home
URL copied to clipboard
All Time Plastics Ltd IPO Review

1 min read

All Time Plastics Ltd IPO Review

All Time Plastics Limited is launching an IPO with a total offering of 1,45,67,380 equity shares, each with a face value of ₹2. This includes a fresh issue of 1,01,81,818 shares and an offer for sale of 43,85,562 shares. The company plans to use the funds raised for repayment or prepayment of borrowings, procurement of equipment and installation of an Automated Storage and Retrieval System (ASRS), and for general corporate purposes..

All Time Plastics Ltd IPO – Important Dates

All Time Plastics Ltd IPO DateAugust 7, 2025, to August 11, 2025.
All Time Plastics Ltd IPO Listing DateAugust 14, 2025
All Time Plastics Ltd IPO Price₹260 to ₹275 per share
All Time Plastics Ltd IPO Lot Size54 Shares
All Time Plastics Ltd IPO Total Issue Size1,45,67,380 shares
All Time Plastics Ltd IPO Basis of AllotmentAugust 12, 2025
All Time Plastics Ltd IPO Initiation of RefundsAugust 13, 2025
All Time Plastics Ltd IPO Credit of Shares to DematAugust 13, 2025
All Time Plastics Ltd IPO Issue TypeBookbuilding IPO
All Time Plastics Ltd IPO Listing AtBSE, NSE

All Time Plastics Ltd IPO – Company Profile

All Time Plastics Limited (ATPL), incorporated in 1971, is a prominent Indian manufacturer of plastic houseware products. The company primarily operates in the B2B segment by offering white-label solutions to global retail giants, while also catering to B2C consumers under its in-house brand, “All Time Branded Products.”

As of March 31, 2025, ATPL’s product portfolio comprised 1,848 SKUs across eight categories, covering a broad spectrum of household needs. These include kitchen preparation tools (like chopping boards, strainers, and measuring sets), food storage containers, various hangers, and cleaning essentials such as bins and dish drainers. The company employed 690 permanent staff and 1,589 contract workers to support its operations.

ATPL’s competitive advantages lie in its strategically located, integrated manufacturing units that facilitate cost-effective, high-volume production. The company’s in-house design capabilities allow for continuous innovation across its product range. With long-standing partnerships with major international retailers such as IKEA, Tesco, Asda, and Michaels, as well as Indian retail chains, ATPL has established a strong global presence. Its commitment to sustainability, along with solid financial performance, further strengthens its market position.

All Time Plastics Ltd IPO Fundamental Analysis 

All Time Plastics Limited’s financial analysis reveals a growing performance. Revenue has increased, along with an increase in profitability. There is an increase in the EPS, and a decline in RoNW, along with asset growth and rising liabilities, indicating potential operational efficiency.

  • Revenue Trend: The revenue has increased from ₹5,128.53 millions in March 2024 to ₹5,581.67 millions in March 2025.
  • Equity and Liabilities: Equities have shown a consistent increase over the periods, reflecting potential growth and expansion. 
  • Profitability: The profit after tax (PAT) has increased from ₹447.90 million in March 2024 to ₹472.94 million in March 2025. 
  • Earnings per Share (EPS): The basic EPS has increased from ₹8.53 in March 2024 to ₹9.01 in March 2025, reflecting higher earnings per share for investors. 
  • Return on Net Worth (RoNW): The RoNW has decreased from 22.18% to 19.01%, indicating a decline in the company’s ability to generate returns on shareholder equity. 
  • Financial Position: Total assets have increased, suggesting business expansion. Also, the current ratio has decreased, indicating a decline in the ability to meet short-term obligations compared to the previous year.

All Time Plastics Ltd IPO Financial Analysis

ParticularAs of 31 March 2023(Standalone)As of 31 March 2024(Standalone)As of 31 March 2025(Consolidated)
Revenue From Operations (₹ in million)4,434.865,128.535,581.67
Total Income (₹ in million)4,437.645,158.775,592.35
EBITDA (₹in million)733.82971.011,013.37
Net asset value per Equity Share (in ₹)30.0338.4647.39
Profit after Tax (₹ in million)282.70447.90472.94
Earnings per Share (EPS)5.388.539.01
Return on Net Worth (%)17.9322.1819.01
Return on Capital Employed (%)17.1622.6416.99
Debt Equity Ratio0.990.650.84
EBITDA Margin16.5518.9318.16

All Time Plastics Ltd IPO Peer Comparison

All Time Plastics Limited reports a solid EPS and the highest Return on Net Worth (RoNW) among its peers, indicating efficient use of equity capital despite having the lowest revenue. Shaily Engineering Plastics Limited leads in both EPS and Net Asset Value (NAV) per equity share, highlighting strong profitability and a robust asset base. Cello World Limited, while having the highest revenue, shows moderate EPS and RoNW, reflecting stable overall performance with strong market presence.

CompanyRevenue from Operations (₹ in million)Face Value per Equity Share (₹)P/E RatioEPS (₹)RONW (%)NAV perequityShare (₹)
All Time Plastics Limited5,581.672–9.0119.0147.39
Shaily Engineering Plastics Limited7,867.98280.6920.2917119.18
Cello World Limited21,363.85540.7115.516.8298.12

All Time Plastics Ltd IPO Objective

The main objective of All Time Plastics Ltd is to utilise the Net Proceeds from the Issue for repaying or prepaying certain borrowings, purchasing equipment and installing an Automated Storage and Retrieval System (ASRS), and meeting general corporate requirements.

  1. For repayment or prepayment of certain existing borrowings of the Company: The company proposes to utilize up to ₹1,430.00 million from the Net Proceeds for the pre-payment or scheduled repayment of certain borrowings. This move is expected to reduce debt, improve the debt-equity ratio, strengthen the balance sheet, and enhance the company’s ability to raise future capital at competitive rates to support business expansion.
  2. For acquisition of equipment and machinery, including the installation of an automated storage and retrieval system (ASRS) for the warehouse: All Time Plastics Ltd plans to utilize up to ₹1,137.14 million from the Net Proceeds for the purchase, installation, and commissioning of equipment, machinery, and the automated storage and retrieval system (ASRS) at its Manekpur Facility. Of this, ₹984.14 million will be allocated for equipment and machinery, and ₹153.00 million for the ASRS and related ancillary equipment. A portion will also be used for freight and packing costs.
  1. To meet general corporate requirements: The Company proposes to deploy the balance proceeds towards general corporate purposes as approved by its management from time to time, subject to such utilisation not exceeding 25% of the gross proceeds from the Fresh Offer in compliance with the SEBI ICDR Regulations.

All Time Plastics Ltd IPO Risks And Challenges

All Time Plastics Ltd faces key business challenges such as, lack of long-term contracts with customers, high supplier dependence, the need for continuous innovation to remain competitive, intense market competition, and a potential shift in consumer preferences away from plastic products.

  • The company does not have long-term sales agreements with most of its customers. Any decision by these customers to stop sourcing from the company could negatively affect revenue and cash flows.
  • A large share of raw materials and packaging materials is sourced from a few key suppliers. Disruption in supply from any of the top 10 suppliers could impact production and operations.
  • The plastic consumerware industry is highly competitive. Inability to compete effectively may lead to loss of market share and pressure on margins.
  • The company invests in Research & Development to stay competitive, but failure to adapt to evolving technologies or market trends could affect its long-term sustainability and growth.
  • Any shift away from plastic products due to changing consumer behavior, environmental concerns, or regulations could reduce demand and impact future growth.

All Time Plastics Ltd IPO – Industry & Market Potential

All Time Plastics operates in India’s growing plastic consumerware market, which covers kitchenware, storage, bath, and lifestyle products. Globally, the plastic houseware market grew from around USD 24.3 billion in 2019 to USD 29 billion in 2023 and is projected to reach USD 37 billion by 2027. In India, the market expanded from ₹21,730 crore in FY15 to ₹38,598 crore in FY23 and is expected to grow to ₹64,749 crore by FY28.

The company is the second-largest B2B plastic consumerware manufacturer in India by revenue (FY23), with over 1,600 SKUs across eight product categories such as containers, prep tools, and hangers. It exports to over 25 countries and supplies to global retail giants like IKEA, Asda, Tesco, and Michaels. ATPL also contributes about 26% to India’s total plastic houseware exports.

Its manufacturing units in Daman, Silvassa, and Manekpur enable efficient, large-scale production. The company focuses on sustainability through zero-landfill operations and increased use of recycled materials, with 27% of raw materials in FY25 sourced from recycled content. It also holds several environmental and ethical certifications, aligning with global compliance standards.

All Time Plastics Ltd IPO – Type of Offer

All Time Plastics Limited plans to issue 1,45,67,380 equity shares of face value ₹2/- each, which includes fresh issue of 1,01,81,818 equity shares of face value ₹2/- each and an offer for sale of 43,85,562 equity shares of face value ₹2/- each to for repayment or prepayment of borrowings, procurement of equipment and installation of an Automated Storage and Retrieval System (ASRS), and for general corporate purposes.

  1. Fresh Issue: The company will issue 1,01,81,818 new shares of face value ₹2/- each new share to raise capital. The company intends to utilise the proceeds from the fresh issue for repayment or prepayment of borrowings, procurement of equipment and installation of an Automated Storage and Retrieval System (ASRS), and for general corporate purposes.
  1. Offer for sale: All Time Plastics Limited is offering to sell 43,85,562 existing shares of face value ₹2/-. The following are the details of the existing shareholders who are also the promoters selling the shares:
Name of the promoter selling shareholder
Kailesh Punamchand Shah
Bhupesh Punamchand Shah 
Nilesh Punamchand Shah

All Time Plastics Ltd IPO Offer Size

The offer size of All Time Plastics Limited IPO is 1,45,67,380 equity shares, each with a face value of ₹2. This includes a fresh issue of 1,01,81,818 shares and an offer for sale of 43,85,562 shares. The company intends to utilise the proceeds for repayment or prepayment of borrowings, procurement of equipment and installation of an Automated Storage and Retrieval System (ASRS), and for general corporate purposes.

All Time Plastics Ltd IPO Allotment Structure

All Time Plastics Ltd allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations.

● Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.

● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs. 2 lakhs.

● Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs. 2 lakhs. 

How to apply for the All Time Plastics Ltd IPO?

To apply for the All Time Plastics Limited IPO through Alice Blue, follow these steps:

Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.

  1. Check for IPO Details: Once your account is active, you can check for the All Time Plastics Limited IPO details in the IPO section of the Alice Blue platform.
  2. Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
  3. Submit the Application: Confirm all your details and submit your application.

You can apply for the All Time Plastics Limited IPO at Alice Blue in just a few clicks!

Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.

Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.

How do you check All Time Plastics Ltd IPO Allotment Status?

Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:

  1. Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
  2. Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
  3. Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
  4. Select the All Time Plastics IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the All Time Plastics Limited IPO.
  5. Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.

 If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance. 

Apart from Alice Blue, there are other ways to check the allotment status of the All Time Plastics Limited IPO:

● Registrar’s Website: Visit the website of KFin Technologies Limited, the registrar of the All Time Plastics IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status. 

● BSE NSE: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). You would need your application number and PAN to check the status. 

Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.

All Time Plastics Ltd IPO Offer Registrar

The registrar for the All Time Plastics Limited IPO is KFin Technologies Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.

Contact information for the registrar:

KFin Technologies Limited.

Tel.: +91 40 6716 2222

Email: [email protected]

All Time Plastics Ltd IPO – FAQs

What is the allotment date of the All Time Plastics Ltd IPO?

The allotment date of the All Time Plastics IPO is August 12, 2025.

What is the price band of the All Time Plastics Ltd IPO?

The price band of the All Time Plastics IPO is ₹260 to ₹275 per share.

What is the size of the All Time Plastics Ltd IPO?

The offer size of All Time Plastics Limited IPO is 1,45,67,380 equity shares, each with a face value of ₹2. This includes a fresh issue of 1,01,81,818 shares and an offer for sale of 43,85,562 shares. The company intends to utilise the proceeds for repayment or prepayment of borrowings, procurement of equipment and installation of an Automated Storage and Retrieval System (ASRS), and for general corporate purposes.

What is the listing date of the All Time Plastics Ltd IPO?

The listing date of the All Time Plastics IPO is August 14, 2025.

Where is the All Time Plastics Ltd IPO Getting Listed?

The All Time Plastics IPO is getting listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

What Are The Open And Close Dates Of The All Time Plastics Ltd IPO?

The open and close dates of the All Time Plastics Limited IPO are August 7, 2025, and August 11, 2025, respectively.

How To Apply For All Time Plastics Ltd IPO in Alice Blue?

To apply for the All Time Plastics Limited IPO through Alice Blue, open a Demat and trading account, check IPO details, place your bid within the price band, submit the application, and check allotment status. Allotment depends on demand, and shares are not guaranteed.

Who is The Book Runner For The All Time Plastics Ltd IPO?

The book runners for the All Time Plastics IPO are Intensive Fiscal Services Private Limited and DAM Capital Advisors Limited.

Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

All Topics

*T&C apply

READY FOR

NEW IPO'S ?

Get your Demat Account
and Apply For IPOs At "Free Of Cost"