Plastics Maker Raises ₹120 Crore from Anchor Investors Ahead of IPO

On August 7, 2025, All Time Plastics, a leading manufacturer of plastic consumer goods, is set to open its initial public offering (IPO) for public subscription. In a significant development, the company has already secured ₹120 crore from anchor investors, including Ashoka India Equity Investment Trust PLC, Canara Robeco Mutual Fund, Bandhan Mutual Fund, and others.

The IPO, with a price band of ₹260 to ₹275 per share, will be a combination of fresh issuance of equity shares worth up to ₹280 crore and an offer-for-sale of over 43.8 lakh equity shares valued at ₹120.6 crore by the promoters. At the upper end of the price band, the company will be valued at over ₹1,800 crore.

All Time Plastics plans to utilize the funds raised from the fresh issuance for acquiring new machinery for its Manekpur plant in Gujarat, paying off debt, and general corporate purposes, as well as other expansion efforts. The company has 14 years of experience in manufacturing plastic consumer goods for everyday household needs and primarily exports its products to retailers in the European Union, the UK, and the US. In the Indian market, it sells through modern trade retailers, super distributors, and general trade stores.

The public issue is being managed by Intensive Fiscal Services and DAM Capital Advisors, and the company is expected to list on the stock exchanges on August 14, 2025.