All Time Plastics Limited IPO

All Time Plastics Limited IPO is a bookbuilt of ₹400.60 crores with a combination of 1.02 crore fresh equity shares and 0.44 crore offer-for-sale shares. Subscription for the issue will open on 7th August, 2025 and will close by 11th August, 2025. The IPO allotment is expected to be by 12th August, 2025, with the listing on NSE and BSE platforms expected by 14th August, 2025. Retail investors can apply for a minimum of shares worth ₹14,040, i.e., 54 shares. sNIIs can apply for 756 shares of ₹2,07,900 and bNIIs for 3,672 shares worth ₹10,09,800.

Company Background

All Time Plastics was founded in 2001 and is currently a leading manufacturer of high-quality plastic homeware products. The company has its headquarters in Mumbai and an industry experience of about 50 years. With a high focus on product quality, the company offers a wide portfolio for its customers. All Time Plastics has a well-established priority to ensure ethical values, safety and environmental responsibilities in its operations.

Operations & Product Range

Facility and Services

Currently, the corporation manages multiple facilities in various regions of India, such as Silvassa, Daman, Mumbai and Manekpur. Its manufacturing facilities are well-equipped with about 115 injection molding machines and they also make use of robotic and automated technology to increase production efficiency and reduce energy consumption. They offer a vast variety of products like food preparation, storage, kitchen utility, serving, baby care, bathware, home utility and tableware.

Brand and Market Presence

The company has a firm presence in India and over 25 countries on a global level, these countries include Europe, USE and the UK. They provide products to popular retail brands such as IKEA, Tesco, Asda & Michaels and major Indian retailers such as Spencer’s. The company functions on a dual channel business model i.e., both B2B and B2C models through modern trade distribution networks.

Revenue Channels

Approximately 85% of the company's revenue is generated through the manufacturing of plastic consumerware products under white-label agreements for retailers on a global level, like IKEA, Tesco, Asda and Michaels. Furthermore, around 7.5% of the revenue is generated through its flagship brand “All Time” in India, which includes distribution through trade retailers like Spencer’s and direct distribution in 23 states and 6 union territories. The company registered a revenue of ₹559 crore in FY25.

Management & Shareholding

Promoters and Shareholders

All Time Plastics Limited IPO is promoted by Mr. Kailesh Punamchand Shah, Mr. Bhupesh Punamchand Shah and Mr. Nilesh Punamchand Shah. The promoters have a 90.98% stake in the company, which is expected to go through dilution after its IPO listing on 7th August.

Board Members

The company’s board group consists of members with over 40 years of experience in the industry of plastic manufacturing, such as -
Kailesh Punamchand Shah - Chairman and Managing Director (Promoter)

1. 1. Bhupesh Punamchand Shah (Whole-time Director)
2. 2. Nilesh Punamchand Shah (Whole-time Director)
3. 3. Shrinivas Damodar Joshi (Independent Director)
4. 4. Belur Krishna Murthy Sethuram (Independent Director)
5. 5. Lakshmi Anant Nadkarni (Independent Director)
6. 6. Antony Alapat (Company Secretary and Compliance Officer)
7. 7. Manish Gattani (Chief Financial Officer)