All Time Plastics IPO Subscription Status: Hey everyone, if you’re into the stock market or just curious about new IPOs, you’ve probably heard about All Time Plastics hitting the scene. As an online news portal, we’re always keeping tabs on these exciting launches. Today, on August 11, 2025—the final day of bidding—let’s break down the subscription status of this plastics manufacturer’s IPO. It’s been quite the ride, with solid interest from investors. I’ll keep it simple, straightforward, and human—just like chatting over coffee. We’ll cover the essentials in about 600 words, with some handy bullet points for quick reads.
Table of Contents
Introduction to All Time Plastics and Its IPO
All Time Plastics isn’t just any company; it’s a major player in the plastics industry, supplying everyday items to big global names like IKEA, Tesco, and Asda. Based in India with factories in Daman, Silvassa, and Manekpur, they churn out kitchenware, storage containers, and more—over 1,800 products in total. Their “All Time” brand is even making waves in the consumer market.
The IPO is their big step into the public market, aiming to raise around Rs 400 crore. Funds will go toward paying off debt, buying new machinery, and boosting working capital. With revenues jumping from Rs 443 crore in FY23 to Rs 558 crore in FY25, and profits up to Rs 47 crore, they’re showing strong growth. Analysts like Canara Bank Securities are giving it a “Subscribe” thumbs up, especially for long-term investors, thanks to their export strength and decent valuations.
Key Details of the IPO
Before diving into the numbers, here’s a quick rundown of what the IPO entails. It opened on August 7, 2025, and closes today, August 11. Shares are set to list on the BSE and NSE on August 14.
- Price Band: Rs 260 to Rs 275 per share.
- Issue Size: Fresh issue of shares worth Rs 400 crore.
- Lot Size: 54 shares (minimum investment around Rs 14,850 at the upper band).
- Lead Managers: Involved firms like Canara Bank Securities.
- Use of Proceeds: Debt repayment (Rs 143 crore), new machinery (Rs 113.7 crore), and general needs.
This setup makes it accessible for retail folks while attracting big institutional players. The company’s P/E ratio at 30.52x looks reasonable compared to peers like Cello World.
Overall Subscription Status
Drumroll, please—the IPO closed with an impressive overall subscription of 8.34 times on Day 3. That’s a solid oversubscription, showing real investor enthusiasm despite a sluggish start. Early days saw milder interest: Day 1 hit about 1.02 times, and Day 2 climbed to around 1.02 times again, but things picked up steam today.
What does this mean? Out of the total shares on offer, bids came in for over eight times that amount. It’s a good sign for listing day, though markets can be unpredictable. Financially, with an EBITDA margin of 18.12% and return on equity at 19.01%, the company looks stable.
Breakdown by Investor Categories
Let’s get granular. Different investor groups showed varying levels of excitement:
- Retail Individual Investors (RIIs): Subscribed 5.1 times. Retail folks led the charge early, booking 1.44 times on Day 2 alone. They’re clearly betting on household brands.
- Non-Institutional Investors (NIIs): A whopping 13 times subscription. High-net-worth individuals poured in, loving the growth story.
- Qualified Institutional Buyers (QIBs): 10 times oversubscribed. Big funds like these signal confidence in long-term potential.
This mix shows broad appeal, though retail dipped a bit mid-way before rebounding.
Grey Market Premium and Listing Expectations
Finally, the buzz in the grey market. The GMP is hovering at Rs 9-10, which translates to a modest 3.3-3.4% premium over the Rs 275 upper price. That could mean a listing around Rs 284-285—not explosive, but steady.
Should you have subscribed? If you’re in for the long haul, yes—the company’s global ties and expansion plans look promising. Risks include raw material price swings and no long-term contracts with clients. Overall, it’s a decent play in the plastics sector. Keep an eye on allotment status in a couple of days!