All Time Plastics sets price band of Rs 260-275 a share

Anchor bidding will commence on August 6, and the issue will close on August 11.

All Time Plastics Ltd has set a price band of Rs 260-275 per share for its initial public offering (IPO), which will open for subscription on August 7.

Anchor bidding will commence on August 6, and the issue will close on August 11. The basis of allotment will be finalised on August 12, with refunds and credit of equity shares on August 13. The stock is scheduled to list on exchanges on August 14.

The IPO consists of a fresh issue worth Rs 280 crore and an offer for sale (OFS) of up to 4.39 million shares. At the upper end of the price band, the OFS component will amount to around Rs 121 crore.

Of the fresh issue proceeds, the company will utilise Rs 143 crore for debt repayment. Additionally, Rs 113.7 crore will be allocated towards the purchase of equipment and machinery for the Manekpur facility and installation of an automated storage and retrieval system (ASRS) for the warehouse in Manekpur. The remaining funds will be used for general corporate purposes.

All Time Plastics manufactures household plastic consumerware products for clients who market them under their own brand names (white-label manufacturing). The company also sells products under its proprietary brand — All Time Branded Products.

The white-label segment contributed 91.66 percent to its revenue in FY25, while All Time Branded Products accounted for 7.56 percent.

Its profit for the year ended March 2025 stood at Rs 47.3 crore, up 5.6 percent from Rs 44.8 crore in the previous year. Revenue rose 8.8 percent during the same period to Rs 558.1 crore.

Intensive Fiscal Services and DAM Capital Advisors are acting as the merchant bankers for the All Time Plastics IPO.