All Time Plastics Share Price Gains for 3rd Day, Rises 6% After Investor Stake Purchase

Mumbai, August 19:

All Time Plastics share price continued its upward momentum on Monday, marking the third consecutive day of gains. The stock jumped 6% to ₹308 per share, now trading 12% above its IPO upper price band of ₹275.

Market Performance

• Current Price: ₹308 per share
• 3-Day Rally: Stock has been gaining since listing
• Premium Over IPO Price Band: +12%

This strong performance comes on the back of a significant investment from ace investor Manish Chokhani, who picked up a sizeable stake in the company.

Main News

According to exchange data, Vibhav Manish Chokhani purchased 3.5 lakh shares, representing a 0.53% stake in All Time Plastics.

• Acquisition Price: ₹287.11 per share
• Total Investment: ₹10.05 crore

The fresh buying activity has boosted investor sentiment and supported the stock’s rally in recent sessions.

Company Details

All Time Plastics, a Mumbai-based plastic consumerware manufacturer, caters to both domestic and global markets.

• Exports: IKEA, Tesco, and other global retailers in the EU, UK, and US
• Domestic Sales: Through modern trade, super distributors, and general trade networks
• IPO Details:
  • Fresh Issue: 1.02 crore shares worth ₹280 crore
  • Offer-for-Sale: 0.44 crore shares worth ₹120.60 crore
• Anchor Investment Raised: ₹120 crore from institutions like Ashoka India Equity, Canara Robeco, Bandhan Mutual Fund, Edelweiss, 360 ONE, and others

The IPO saw strong demand across categories:

• NIIs: 13.5 times subscription
• QIBs: 10 times subscription
• Retail Investors: 5 times subscription

Financial Performance

All Time Plastics has delivered consistent growth in recent years:

• Revenue: ₹443 crore (FY23) → ₹558 crore (FY25)
• Profit After Tax (PAT): ₹28 crore (FY23) → ₹47 crore (FY25)
• EBITDA Margin: 18.12% (FY25)
• Return on Equity (ROE): 19.01% (FY25)

Proceeds from the IPO are being utilized for new machinery acquisition at its Gujarat plant, debt repayment, expansion, and corporate purposes.

Summary

The All Time Plastics share price is witnessing sustained gains, driven by strong investor interest and solid financial performance. With its robust IPO response, growing export base, and rising profitability, the company remains a key player in the plastic consumerware industry.