All Time Plastics Ends 3% Higher on Market Debut; Raises ₹400.6 Crore via IPO

All Time Plastics Ltd made a modest stock market debut on Friday, closing 3% higher at ₹283.3 per share on the NSE, compared to its IPO price of ₹275. The stock opened with a strong 13% premium, climbing to an intraday high of ₹325, but gains could not be sustained as profit-booking emerged. On debut, the stock witnessed strong volumes, with 1.66 crore shares traded on NSE and 18.74 lakh shares on BSE. The company now commands a market capitalization of ₹1,856 crore. In comparison, JSW Cement, which also listed today, ended with a 0.6% loss on debut, despite being from a different sector. 💰 IPO Details IPO Size: ₹400.6 crore Fresh Issue: ₹280.03 crore Offer for Sale (OFS): ₹120.57 crore (by promoters) Utilization of Proceeds: Debt reduction: ₹143 crore Purchase of machinery for Manekpur facility: ₹113.7 crore General corporate purposes: balance amount 📦 Business Overview All Time Plastics is a leading supplier of consumerware products to global retail giants, including IKEA, Tesco, Michaels, and Asda Stores, which together account for its top four customers. On the financial front, the company delivered steady growth in FY25: Net Profit: ₹47.3 crore (▲5.6% YoY) Revenue: ₹558.2 crore (▲8.8% YoY) 📊 Outlook Analysts note that while the listing gains were modest compared to initial expectations, All Time Plastics’ strong client base, debt reduction plan, and capacity expansion provide a long-term growth runway. Investor interest was also highlighted by bulk deals, including Sun Life Excel India Fund buying 0.9% stake on listing day. #alltime #plastics #stocks