MUMBAI, 4 AUGUST, 2025 (GPN): All Time Plastics, a B2B consumer ware products maker, has set the price band for its maiden public issue in the range of Rs. 260 to Rs. 275 per equity share. The company aims to raise Rs. 400.6 crore through a combination of fresh issue of 10.2 million equity shares worth Rs. 280 crore and offer for sale (OFS) of 43.85 lakh shares by the promoters worth Rs. 120.6 crore.

Kailesh Punamchand Shah, Bhupesh Punamchand Shah, and Nilesh Punamchand Shah are the promoter selling shareholders.

At present, the promoters hold 90.98% of the company’s shares, while the remaining 9.02% is held by public shareholders, including Abakkus Four2Eight Opportunities Fund.

According to the red herring prospectus (RHP), All Time Plastics IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors. The employees have been reserved up to 35,750 equity shares of face value Rs. 2

Kfintech Technologies is the registrar for the issue. Intensive Fiscal Services and DAM Capital Advisors are the book-running lead managers.

According to the RHP, the issue will open for subscription on Thursday, August 7, 2025, and close on Monday, August 11, 2025. The anchor investor period shall be one day prior to the opening date, i.e. Wednesday, August 6, 2025. The basis of allotment of shares is likely to be finalised on Tuesday, August 12, 2025. The stock will be listed on the National Stock Exchange (NSE) and BSE, tentatively on Thursday, August 14, 2025.

The lot size for an application is 54 shares. Accordingly, a retail investor would require a minimum investment amount of Rs. 14,850 to bid for one lot or 54 shares.

The company plans to utilise Rs. 143 crore from the net fresh issue proceeds for prepayment and repayment of debt, Rs. 113.7 crore for the purchase of equipment and machinery for the Manekpur Facility and installation of an automated storage and retrieval system (ASRS) for the warehouse in the Manekpur Facility. The remaining funds will be used for general corporate purposes.

For the fiscal year ending in March 2025, the company’s profit reached Rs. 47.3 crore, reflecting a 5.6% increase from Rs. 44.8 crore in the previous year. During the same period, revenue rose by 8.8% to Rs. 558.1 crore.The white-label manufacturing segment generated 91.66% of its revenue in FY25, whereas All Time Branded Products contributed 7.56% to the total revenue.

All Time Plastics specialises in manufacturing plastic consumer ware products for everyday household needs. It primarily produces consumer ware for customers to market under their own brand names (i.e., on a business-to-business basis), which is known as white-label manufacturing. However, the company also sells its consumer ware products under its proprietary brand name All Time Branded Products.