Market Performance
All Time Plastics shares experienced a sharp fall on debut day after opening with a strong premium in the Indian stock market on August 14.
- BSE Listing Price: ₹314.30 per share (14.3% premium to issue price ₹275)
- NSE Listing Price: ₹311.30 per share (13.2% premium)
Despite the strong start, the stock witnessed selling pressure and dropped 10.64% from its listing price, hitting ₹280.85 per share on the BSE. Even after the decline, the price remained above its IPO level.
Main News
The IPO of All Time Plastics, a well-known plastic houseware products manufacturer, attracted decent investor demand before listing. On the listing day, shares opened at a healthy premium but quickly came under profit booking, leading to a significant drop from intraday highs.
Company Details
- Industry: Plastic houseware and kitchenware manufacturing
- Product Range: Kitchenware, bathware, tableware, children’s products, storage containers
- Business Model: Primarily B2B with white-label manufacturing for clients
- Export Reach: Products shipped to over 25 countries
The company is recognized for its household utility products designed for daily use.
Summary
All Time Plastics share price started the day with strong gains but ended significantly lower due to selling pressure. The stock’s debut still managed to stay above its IPO price of ₹275 per share, reflecting sustained interest from investors despite volatility.
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