All time Plastics IPO Day 2 Live: Issue has so far subscribed to 35%. Check GMP, subscription, review. Should you apply or not?
All Time Plastics IPO Day 2 Live: The initial share sale of All Time Plastics Ltd was a 35% bid rate on the first day, which took place on Thursday. The public subscription period for all time Plastics’ initial share offering began on August 7 and will end on August 11. All time Plastics IPO price band has been set between £ 260 and £ 275 a share, leading to a total supply amount of £ 401 crore. If it is priced at the higher point of this series, the valuation of the company is over £ 1,800 crore. On August 6, the IPO of the $ 119.9 plastics IPO acquired through the Anchor Book. Participants in the Anchor Book include Ashoka India, ABSL Umbrella Ucits Fund, Canara Robeco MF, Bandhan Mutual Fund, Abakkus Asset Manager, 360 One Equity Opportunity Fund, Edelweiss, Nuvama and Gagandeep Credit Capital. Fifty percent of the total issue is designated for qualified institutional buyers, 35 percent are allocated for retail investors, and 15 percent are reserved for non-institutional investors. The IPO of all time consists of a new issue of shares of a total of £ 280 by the company, in addition to an offer for selling more than 43.8 Lakh shares worth £ 120.6 at the top price point of the promoters. This results in a total of £ 401 crore. The capital obtained from the new share issue will be aimed at obtaining machinery for its Manekpur facility in Gujarat, and pays debt, general corporate expenses and various expansion projects. With 14 years of experience in producing plastic consumer goods for daily use, plastic in all times mainly feeds its products to retailers in the European Union, the United Kingdom and the US. In India, the company sells its products by modern trade retailers, super -distributors (providing supplies to distributors), and distributors (serving general trading stores). Intensive fiscal services and dam capital advisers serve as the commercial bankers for the public offering of all time plastic. All Time Plastics IPO subscription status All Time Plastics IPO is signed in the first day of the bid process 35% from 17:00. The retail portion was discussed 55%, NII portion 33%, while the employee quota was booked 1.86 times. QIB section has not seen any bids yet. All the Time Plastics IPO review according to Reliance Securities, all temporary plastic is strategically aligned with the strong expansion of the industry and changing global consumption patterns. With its strong export footprint, diverse product offers and commitment to sustainable production, the company is positioned to leverage opportunities locally as well as worldwide. Nevertheless, to address challenges such as reliance on export, fluctuations in raw material costs and the increase of ESG regulations will be of utmost importance to maintain long-term value. The broker advises – subscribe. As per SBICAP securities, the firm is the second largest manufacturer of plastic consumer products in India and serves as a proxy for global retailers such as IKEA and Asda. In the future, ATPL plans to increase its current Manekpur capacity from 4,000 TPA in FY25 to 16,500/22 500 TPA in FY26E/FY27E. Furthermore, the company is expected to pay the £ 143 debt using the returns from the new expense, which will help reduce interest costs and increase profitability. The broker advises investors to record the issue against the cut -off price. All time plastics IPO GMP today all time plastics IPO Gray Market Premium is +25. According to Investmentain.com, according to Investorggain.com, according to Investgingain.com, it was traded to a £ 25 premium in the Gray market. Taking into account the top end of the IPO price band and the current premium in the Gray market, the estimated list price of all time plastics IPO GMP share price is indicated at £ 300 each, which is 9.09% higher than the IPO price of £ 275. According to the Grey Market activities. robust listing suggestion. The lowest GMP recorded is £ 0.00, while the highest is at £ 25, according to insights from investment gain.com experts. ‘Gray Market Premium’ indicates investors’ readiness to pay more than the issue price. Disclaimer: The views and recommendations above are those of individual analysts, experts and brokerage companies, not of currency. We advise investors to check with certified experts before making any investment decision.