All Time Plastics Ltd. IPO: Should You Apply in This Upcoming Issue?

Written by Kiran Jani

Last Updated on: August 6, 2025

The IPO landscape in India continues to offer fresh investment opportunities, and one such promising listing on the radar is the All Time Plastics Ltd. IPO. Scheduled to open on August 7, 2025, this issue has captured the attention of investors eyeing the plastic houseware manufacturing sector.

With over 35 years of experience, All Time Plastics Ltd. (ATPL) has carved a strong niche for itself in the domestic and global plastic products market. If you’re looking to apply for a fundamentally strong IPO with a proven track record, this guide explores all the crucial details you need to know before investing in the All Time Plastics Ltd. IPO.

All Time Plastics Ltd. IPO Details

The All Time Plastics Ltd. IPO is a combination of fresh issue and offer for sale. The proceeds from the IPO will be used for debt repayment, equipment purchase, and general corporate purposes.

About All Time Plastics Ltd.

Founded over three decades ago, All Time Plastics Ltd. is a well-established manufacturer in the plastic houseware sector. The company produces a wide range of products including:

• Kitchenware
• Tableware
• Storage solutions
• Cleaning and utility products

The company operates out of three strategically located manufacturing units in Daman (Daman and Diu) and Silvassa (Dadra and Nagar Haveli).

ATPL is a highly export-oriented business, with exports accounting for over 50% of its total revenue. It caters to large international clients across the United States, Europe, and Australia, while also maintaining a strong presence in the Indian market.

With over 2,000 Stock Keeping Units (SKUs), All Time Plastics has built strong relationships with both branded and private-label clients globally, providing consistent revenue visibility.

Financial and Operational Metrics of All Time Plastics Ltd. IPO

Investors looking to apply in All Time Plastics Ltd. IPO should carefully review its key financial metrics:

The company’s margins, return ratios, and overall profitability reflect a well-managed, scalable business with decent efficiency levels. The debt-to-equity ratio of 0.88 also indicates moderate leverage.

Objects of the All Time Plastics Ltd. IPO

The proceeds from the All Time Plastics Ltd. IPO will be utilized as follows:

• ₹143 Cr. for prepayment or repayment of certain borrowings
• ₹113.71 Cr. for purchase of equipment and machinery for the Manekpur Facility
• The remaining proceeds will be used for general corporate purposes

Strengths of All Time Plastics Ltd. IPO

Here’s why the All Time Plastics Ltd. IPO may be worth considering:

1. Established Market Presence
   With over 35 years of experience, ATPL has a solid reputation in both domestic and global markets for plastic houseware manufacturing.
2. Strong Export Orientation
   More than 50% of revenue comes from exports, offering stability and showcasing global demand for its products.
3. Wide Product Range
   ATPL’s portfolio includes 2,000+ SKUs, allowing it to serve a wide customer base across multiple utility categories.
4. Stable Client Relationships
   The company has long-standing partnerships with leading global retailers, including major brands, which helps in consistent revenue generation.
5. Economies of Scale
   The company benefits from three manufacturing facilities and integrated operations that improve production efficiency.
6. Professional Governance
   The shift from a promoter-driven setup to professional management has strengthened internal governance and scalability.
7. Sustainability Focus
   ATPL has adopted eco-friendly practices, such as using recycled materials and implementing effective waste management systems.

Key Challenges of All Time Plastics Ltd. IPO

While the fundamentals are strong, investors must be aware of the potential risks:

1. Raw Material Price Volatility
   Plastic resins and other raw materials are subject to price fluctuations, which could impact profit margins.
2. Environmental Regulations
   Increasing scrutiny around single-use plastics may impose operational restrictions and require costly compliance measures.
3. Foreign Exchange Risk
   As over half of the revenue is from exports, currency volatility poses a significant risk.
4. Intense Market Competition
   The plastic houseware market is highly fragmented, facing competition from organized and unorganized players globally.
5. Customer Concentration
   A major portion of revenue comes from a limited number of customers, especially in the export segment.
6. Capacity Constraints
   Any delay in capacity addition or technological upgrades could affect the company’s future growth trajectory.

Should You Apply for All Time Plastics Ltd. IPO?

The All Time Plastics Ltd. IPO offers a balanced mix of strong fundamentals, export-driven growth, and wide product diversity. However, regulatory challenges and raw material risks remain.

Investors should evaluate their risk appetite and consider the company’s strong brand, financials, and client base before applying.

Disclaimer: This article is intended for informational purposes only and does not constitute investment advice or a recommendation to apply for the IPO. Please read the Red Herring Prospectus (RHP) and consult a SEBI-registered financial advisor before making any investment decisions. For detailed disclosures and risk factors, refer to the official filings available on the SEBI website.

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