All Time Plastics IPO GMP Indicates Flat Listing; Check Price Band, Subscription And More

The initial public offering (IPO) of All Time Plastics Ltd. is scheduled to open on Thursday, Aug. 7. The company is a leading manufacturer of plastic houseware products. Swedish furniture giant IKEA is among its major clients. With just a day before the launch of the mainboard issue, here’s a look at the grey market premium (GMP) and other key details about the All Time Plastics IPO.

According to InvestorGain, the grey market premium (GMP) for the All Time Plastics IPO stood at nil as of 7.55 a.m. on Aug. 6. The latest GMP indicates an estimated listing price of Rs 275 per share, the same as the upper limit of the IPO price band.  

Note: GMP does not represent official data and is based on speculation.

The All Time Plastics IPO is a book-built issue worth Rs 400.6 crore. It comprises a fresh issue of 1.02 crore shares, totalling Rs 280 crore, and an offer-for-sale (OFS) of 44 lakh shares, amounting to Rs 120.6 crore.

The price band for the IPO is set between Rs 260 and Rs 275 per share. Investors can bid for at least a single lot size of 54 shares. For retail investors, the minimum application size is a single lot, amounting to Rs 14,850. For small High Net-worth Individuals (S-HNIs), the minimum application is 14 lots (756 shares), amounting to Rs 2,07,900. For big HNIs (B-HNIs), the minimum application is 68 lots (3,672 shares), totalling Rs 10,09,800.

The All Time Plastics IPO will close for subscription on Aug. 11. The tentative date for allotment of shares is Aug. 12. Refunds are expected to be initiated on Aug. 13, along with the credit of shares to investors’ Demat accounts on the same day.

All Time Plastics shares are scheduled to be listed on both the BSE and NSE on Aug. 14.

Intensive Fiscal Services Pvt. Ltd. is the book-running lead manager for the All Time Plastics IPO. Kfin Technologies Ltd. is the issue registrar.

All Time Plastics Ltd., set up in 1971, makes plastic houseware items. While most of its business comes from supplying consumerware to other brands, it also sells products directly to consumers under its own label, All Time Branded Products.

All Time Plastics plans to use the funds raised from the IPO for a few purposes. A portion will go towards repaying or prepaying some of its existing borrowings. The remaining funds will be used for general corporate needs.

For the financial year ended March 31, 2025, All Time Plastics reported a total income of Rs 559.24 crore, up from Rs 515.88 crore in the previous fiscal. The company's profit after tax also increased to Rs 47.29 crore in FY25 from Rs 44.79 crore in FY24.

Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.