Ahmedabad: All Time Plastics Limited shall open its bid/offer in relation to its Initial Public Offer (IPO) of equity shares on Thursday, August 7, 2025. The bid/offer will open for subscription on Thursday, August 7, 2025, and will close on Monday, August 11, 2025. The UPI mandate end time and date shall be 5:00 p.m. on August 11, 2025, the company said today.

The company stated: “The offer comprises a fresh issue of equity shares aggregating up to ₹2,800.00 million (‘Fresh Issue’) and an offer for sale of up to 4,385,562 equity shares. The company proposes to utilize the net proceeds from the Fresh Issue towards (a) prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company, estimated at ₹1,430.00 million; (b) purchase of equipment and machinery for the Manekpur facility and installation of an automated storage and retrieval system (ASRS) for the warehouse at the Manekpur facility, estimated at ₹1,137.14 million; and (c) the balance towards general corporate purposes.”

As per the company: “The Offer for Sale comprises up to 1,461,854 equity shares by Kailesh Punamchand Shah; up to 1,461,854 equity shares by Bhupesh Punamchand Shah; and up to 1,461,854 equity shares by Nilesh Punamchand Shah.”

“The equity shares, offered through the Red Herring Prospectus of the company dated August 1, 2025 (‘RHP’) filed with the Registrar of Companies, Maharashtra at Mumbai (‘ROC’), are proposed to be listed on the National Stock Exchange of India Limited (‘NSE’) and BSE Limited (‘BSE’ and together with NSE, the ‘Stock Exchanges’). For the purposes of the offer, BSE is the designated stock exchange. Intensive Fiscal Services Private Limited and DAM Capital Advisors Limited are the Book Running Lead Managers to the offer,” the press note further stated.