Mumbai, August 14:
All Time Plastics made a strong debut on the stock exchanges today, listing at a 14% premium over its IPO price after witnessing robust investor demand during the subscription period.
Market Performance
- BSE Listing Price: ₹314.30 per share (14% higher than IPO price of ₹275)
- NSE Listing Price: ₹311.30 per share (13.2% higher than issue price)
- Market Capitalisation: ₹2,058.91 crore at listing
IPO Subscription Details
The Initial Public Offering (IPO), open between July 25 and July 29, attracted healthy participation:
- Non-Institutional Investors (NIIs): Subscribed 13.5 times
- Retail Investors: Subscribed over 5 times
- Qualified Institutional Buyers (QIBs): Subscribed more than 10 times
The IPO consisted of:
- Fresh Issue: 1.02 crore shares worth ₹280 crore
- Offer for Sale (OFS): 0.44 crore shares worth ₹120.60 crore
Funds from the fresh issue will be utilised for:
- Acquisition of machinery for the Manekpur plant in Gujarat
- Debt repayment
- General corporate purposes
- Expansion initiatives
Company Profile
All Time Plastics has 14 years of experience in manufacturing plastic consumerware for household use. The company exports extensively to European Union, UK, and US markets, while domestically distributing via modern trade retailers, super distributors, and general trade stores.
Financial Highlights (FY23–FY25)
- Revenue: ₹443 crore → ₹558 crore
- PAT: ₹28 crore → ₹47 crore
- EBITDA Margin: Improved to 18.12% in FY25
- Return on Equity: 19.01%
Summary
All Time Plastics has marked its presence with a successful market debut, reflecting strong investor confidence. The listing at a double-digit premium underscores the company’s growth trajectory, healthy financial performance, and expansion plans aimed at strengthening its market position.
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