The mainboard IPO was open for subscription from August 7 to August 11.
The retail quota of the IPO was booked 5.14 times, while the Non-Institutional Investors’ (NIIs) category was subscribed by a healthy 13.47 times. The Qualified Institutional Buyers (QIBs) booked the issue 10.15 times. The Employees’ segment was subscribed 7.82 times.The IPO comprised a fresh issue of 1.01 crore shares, amounting to ₹280 crore, and an offer-for-sale (OFS) component of 43.85 lakh shares, aggregating to ₹120.6 crore.
All Time Plastics plans to utilise funds raised via IPO for acquiring machinery for its Manekpur plant in Gujarat, repayment of debts and general corporate purposes.Investors, who bid for the IPO shares, can check the allotment status online via the BSE, NSE and the official website of the issue registrar, Kfin Technologies Ltd.
Steps to check All Time Plastics IPO share allotment on BSE:
All Time Plastics IPO allotment status can also be checked via the NSE using the PAN and application number.
Following the IPO allotment, the company is expected to initiate refunds and transfer of shares on August 13.
Shares of All Time Plastics Ltd are tentatively scheduled to be listed on the NSE and BSE on Thursday, August 14.
All Time Plastics is a manufacturer of plastic consumer ware products for everyday household needs. It primarily exports products to retailers in the European Union, the United Kingdom and the United States.
