All Time Plastics IPO: A Steady Player with Strong Growth Plans!

All Time Plastics Ltd is launching its Initial Public Offering (IPO) with a price band of ₹260 to ₹275 per share. The IPO will open for public subscription from August 7 to August 11, while anchor investors can bid on August 6. Once the IPO closes, the share allotment will be finalized on August 12, and shares will be credited or refunds processed on August 13. The stock is scheduled to list on the stock exchanges on August 14. The IPO includes a fresh issue worth ₹280 crore and an Offer for Sale (OFS) of 43.9 lakh shares, totalling about ₹121 crore at the upper price band. The company will use ₹143 crore from the fresh issue to repay loans, and around ₹114 crore to buy new machinery and set up an automated storage system at its Manekpur unit. The rest will be used for general corporate needs. All Time Plastics makes household plastic products, mostly through white-label manufacturing, which means it produces goods that are sold under other brands. About 91.66% of its revenue comes from this white-label business, while 7.56% is from its own branded products under the name All Time. In FY25, the company earned a profit of ₹47.3 crore, up from ₹44.8 crore in the previous year, and its revenue grew 8.8% to ₹558.1 crore. If you're considering investing in this IPO, this is a mid-sized player with steady growth and a strong focus on debt reduction and operational upgrades. Merchant bankers for the issue are Intensive Fiscal Services and DAM Capital Advisors.