All Time Plastics Ltd.

ALLTIME

Equity

NSE,BSE

Min. Investment

2,60,000.00

Open a free Demat account and invest in IPOs easily.

Download Orca

Google PlayApp Store

To access realtime data for GP Eco Solutions India Ltd. and use advance features for Applying IPO. Register or Login to Orca.

IPO Details

Bidding Dates

07 Aug 25 - 11 Aug 25

Lot Size

54

Price Range ₹

260 - 275

Exchange Status

NSE,BSE

Total Equity

0.00Cr

IPO Doc

IPO Timeline

Listing

--

Offer start

07 Aug 2025

Offer end

11 Aug 2025

Allotment

12 Aug 2025

Refund initiation

13 Aug 2025

Demat transfer

13 Aug 2025

About Company

All Time Plastics Limited (ATPL), established in 1971, is an Indian manufacturer specializing in plastic houseware products, catering primarily to B2B white-label clients while also expanding its B2C presence through its proprietary “All Time Branded Products.” As of March 31, 2025, the company offered 1,848 SKUs across eight product categories including kitchen tools, storage containers, hangers, bathroom items, and children’s tableware. It has long-standing relationships with global retail giants such as IKEA, Tesco, Asda, and Michaels, along with a strong distribution network across 23 Indian states and six union territories. Financially, ATPL has shown consistent growth, with FY25 revenue rising to ₹559.24 crore and PAT at ₹47.29 crore. The company maintains healthy margins (EBITDA margin of 18.16%) and a return on equity of 19.01%. The IPO aims to raise funds primarily for debt repayment and equipment purchase. Strengths include its integrated manufacturing, diversified product range, global clientele, and focus on sustainability. However, risks such as high valuation, moderate debt, B2B dependency, limited B2C brand visibility, and exposure to raw material cost fluctuations should be considered by investors.

Year Founded

08-03-2001

Promotor Details

Kailesh Punamchand Shah

Promoter Holdings Details

ParticularPre-IPOPost-IPO
Percentage1000
Share Capital525000000
0

Project Details

  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company - 1200cr
  • Purchase of equipment and machinery for the Manekpur Facility - 1337.31cr

Objectives

  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company
  • Purchase of equipment and machinery for the Manekpur Facility
  • andGeneral corporate purposes.

Highlights

  • Long-term supply partnerships with IKEA, Tesco, Asda, and Michaels provide credibility and consistent international demand.
  • A wide array of SKUs across 8 essential household categories ensures market resilience and customer stickiness.
  • Healthy top-line and bottom-line growth over the last 3 fiscal years; PAT increased by 6% YoY in FY25.
  • Strategically located and integrated facilities help maintain margins and production scalability.
  • The company demonstrates commitment to environmentally responsible practices, which aligns with global buyer preferences.

Challenges

  • Post-IPO P/E of 38.09x is significantly higher than many industry peers, indicating a potentially overpriced offering.
  • Although improving, the debt/equity ratio of 0.88 is moderately high, indicating reliance on external funding.
  • Major revenue relies on B2B white-label sales, which may be vulnerable to price negotiations and order volume fluctuations.
  • Despite launching “All Time Branded Products,” the B2C segment is still developing and may face stiff competition from established players.
  • Plastic manufacturing is highly dependent on petroleum-based raw materials, making margins susceptible to crude oil price fluctuations.
Enrich money logo