All Time Plastics IPO Opens 7 Aug - Check GMP, Allotment Status

All Time Plastics Limited is prepared to move ahead with the IPO. The Company is based out of Mumbai, Maharashtra (India) and represents a key player in the plastic manufacturing and packaging solutions ecosystem. The Company has made its mark as a significant player in India's plastics space and analysts believe there is solid potential in the market for the Company to capture revenues. The price band for the new issue IPO price is ₹275-293 per share, and investors should definitely consider this an attractive and opportune investment position for the Company as it appears on track to take advantage of India's burgeoning packaging industry and manufacturers.

At the time of writing All Time Plastics IPO GMP is revealing ₹18 (6.55%) premium in the grey market, which could suggest investors would be willing to buy the shares for ₹18 beyond the IPO price and moderate demand for the offering appears as well in the investment community. The grey market premium provides further verification of investor confidence in this industry leader in plastic manufacturing going public.

IPO Dates for All Time Plastics Limited

The All Time Plastics Limited IPO is set to open on August 7, 2025, and close on August 11, 2025. The Board of Allotment (BoA) date is expected to be August 12, 2025, with listing planned for August 14, 2025.

IPO Details Summary

The minimum bid of retail investors is ₹14,850, which is the cost of 54 shares. Investors are also watching All Time Plastics IPO's GMP, at a 6.55% premium. The moderate demand from investors has already shown investor appetite. This is one of the notable IPOs currently expected in the plastics and packaging materials industry.

About All Time Plastics Limited

All Time Plastics Limited is an important manufacturer of plastic and packaging solutions based in Mumbai, Maharashtra. All Time Plastics has been a significant contributor to the growth of the plastic manufacturing industry in India by providing quality plastic products, packaging solutions, and total manufacturing services to its customer base which includes consumer goods, pharmaceutical, food & beverage, and industrial sectors. 

The Company operates in the plastic manufacturing business selling plastic containers, packaging materials, custom molded products, and specialty solutions to consumers, manufacturing companies, packaging companies, and industrial entities which primarily use the product for packaging and storage. The Company provides a selection of plastics and packaging materials branded for both retail customers and solution-sized enterprises including multinational companies.   

The Company has gained recognition as a leader of plastic manufacturing in India with a diverse scope of business into multiple states as of March 2025. All Time Plastics has also established itself as an industry leader in sustainable manufacturing and innovative plastic technology to address one's contemporary packaging requirements.

Kfin Technologies Limited has been appointed as the registrar for the All Time Plastics IPO. The net fresh issue proceeds will be utilized towards capacity expansion, repayment and prepayment of borrowings, to fund working capital requirements and to meet general corporate purposes. With significant growth in India's packaging and manufacturing industry, All Time Plastics is well positioned to capitalise on India's rapidly changing consumer market and the development of manufacturing infrastructure.

Financial Performance of All Time Plastics Limited

The company has shown consistent growth performance in the competitive plastic manufacturing sector, with strong profitability trends in recent years.

Performance Analysis

All Time Plastics Limited has shown steady financial growth over the last few years. Revenue rose from ₹443.8 Cr in FY23 to ₹559.2 Cr in FY25, for total the 2 year growth of 26.0%. Profitability showed good improvement with Profit After Tax growing from ₹28.3 Cr in FY23 to ₹47.3 Cr in FY25, which is a 67.1% growth over the same period. This demonstrates the company's continued ability to maintain solid returns despite challenges in the market and competitive pressures in the plastic manufacturing market.

Looking at assets, All Time Plastics showed strong growth as total assets grew from ₹400.5 Cr to ₹562.3 Cr, indicating a total approximate growth of 40.4% over the 2 year period. Company net worth grew significantly from ₹157.8 Cr to ₹249.1 Cr, with a significant component being the retention of earnings and business growth. EBITDA grew from ₹73.4 Cr to ₹101.3 Cr which captures the enhanced operational capabilities in producing value. Total borrowings also grew to ₹218.5 Cr, reflecting the strategic element of debt in its expansion investments and working capital needs.

Overall, All Time Plastics shows strong momentum in financial performance with an overall healthy financial position, and seems well positioned to capitalize on opportunities in India's notable growth in the packaging and plastic manufacturing industry.

IPO Share Reservation

The IPO share allocation follows standard SEBI guidelines: The retail quota is 40%, QIB is 30%, and HNI is 30%.

Know Before Investing

Strengths

1. Market Leadership:
All Time Plastics has already established itself as a leading player in India's plastic manufacturing industry, with strong brand equity and distribution in various states.

2. Strong Financial Performance:
Total assets grew from ₹400.5 Cr to ₹562.3 Cr, while PAT has consistently grown from ₹28.3 Cr to ₹47.3 Cr; this shows that the company has strong business fundamentals.

3. Revenue Growth:
The company continued strong revenue growth from ₹443.8 Cr to ₹559.2 Cr, indicating the growth of its market and customer base.

4. Strategic Location:
The company has manufacturing facilities located in important markets and distribution that provides it with advantages.

5. Industry Growth:
The company is set to benefit from the growth of India's strong packaging sector as well as e-commerce growth and greater demand for plastic packaging solutions.

6. Technology Focus:
Investment in modern manufacturing technology and sustainable practices helps set the company up for future growth.

7. Operational Efficiency:
The EBITDA growth of ₹73.4 Cr to ₹101.3 Cr shows improving operational margins and cost management.

8. Moderate GMP:
The grey market premium of 6.55% demonstrates good investor confidence in the company, but no over-speculation.

Risks

1. Debt Levels:
The total borrowings of ₹218.5 Cr, compared to a net worth of ₹249.1 Cr show a moderate level of leverage, and the company will need to monitor its future plans to service debt.

2. Market Competition:
Established plastic manufacturing competitors may hinder the company's ability to raise prices and achieve market share.

3. Raw Material Cost Risk:
Plastic manufacturing is dependent on petrochemicals, therefore the company is exposed to crude oil fodder price increases and fluctuation in input material costs.

4. Environmental Regulations:
With rising environmental awareness and stricter regulations on plastic consumption, this could impact demand and lead to additional compliance costs and responsibilities.

5. Cyclical Industry:
Plastic packaging is integrally linked to economic cycles, particularly consumer discretionary spending patterns, and in times of economic decline, the packaging industry is vulnerable to downturns in straining consumer discretionary purchases.

6. Customer Concentration:
During performance periods, such reliance on certain industry segments could flare up potential risks if such sectors are faced with waning growth or challenges.

7. Technology Disruption:
A shift towards alternative (e.g., biodegradable, paper-based) packaging materials which are swapped out for plastic, could negatively impact the overall demand.

How to Apply for All Time Plastics IPO?

Step-by-step guide (when IPO opens on August 7, 2025):

1. Log in to your broker app (Zerodha, Angel One, Groww, etc.)
2. Go to the IPO section and select the All Time Plastics IPO
3. Click Apply
4. Enter:
   • Lot size (54 shares minimum)
   • Bid price (₹275-293 or select Cut-Off)
   • Your UPI ID
5. Submit the application
6. Approve the UPI request in your UPI app (PhonePe, GPay, etc.)

⏰ Important: The UPI request must be approved before 5 PM on the same day or before the IPO closes on August 11, 2025.

How to Check All Time Plastics IPO Allotment Status?

You can check the All Time Plastics IPO allotment status through NSE/BSE and the registrar portal once the IPO opens.

Check On NSE/BSE

1. Visit the NSE or BSE official website
2. Go to the IPO Allotment Section
3. Select All Time Plastics IPO
4. Enter PAN number or application number
5. Submit details to get the All Time Plastics IPO allotment status

Check On the Registrar Portal

1. Visit Kfin Technologies Limited website:
2. Select IPO allotment status
3. Choose All Time Plastics IPO
4. Enter PAN or application number
5. Submit to check status

Company Address

Name: All Time Plastics Limited
Address: B-30, Royal Industrial Estate, Wadala Mumbai, Maharashtra, 400031
Phone: +912266208900
Email: companysecretary@alltimeplastics.com
Website: http://www.alltimeplastics.com/

IPO Registrar

Name: Kfin Technologies Limited
Phone: +914067162222
Email: reachus@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Address: Kfin Technologies Limited KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana India - 500 032

Conclusion

All Time Plastics Limited offers a promising opportunity in India's plastic manufacturing market. The business has robust fundamentals, with a strong revenue trend, profitability trend, and decent asset growth. The company is demonstrating revenue growth of 26.0% over two years and profit after tax growth of 67.1%, which shows the company is able to advantage of India's growing packaging industry. 

The IPO price band is set at ₹275-293 per share with moderate GMP of 6.55% are indicative of realistic price expectations. Given the company's strong operational performance with EBITDA growth from ₹73.4 Cr to ₹101.3 Cr, along with its well established market position and brand presence, the company should have a competitive edge in India's developing packaging and manufacturing market.

Investors should evaluate the pricing risk associated to raw material costs, environmental regulation exposure and competitive market dynamics. For investors with the appropriate risk appetite, who are ideological believers in India's packaging industry growth story, All Time Plastics Limited offers potential upside with strong financial performance, and growing presence in the Indian packaging and manufacturing market.

Disclaimer: This analysis is for educational purposes and not financial advice. Please consult a financial advisor before making investment decisions.

FAQs