All Time Plastics Ltd IPO

Our Company was incorporated as All Time Plastics Private Limited, a private limited company under the Companies Act, 1956 on March 8, 2001, and was granted the certificate of incorporation by the Registrar of Companies, Maharashtra at Mumbai (RoC). Pursuant to a special resolution passed by our Shareholders at the EGM on May 21, 2024 approving the conversion of our Company into a public limited company, the name of our Company was changed to All Time Plastics Limited, and the RoC issued a fresh certificate of incorporation on August 5, 2024.

The Indian consumerware market is estimated to be INR 273.6 billion in the year ended March 31, 2024 and the market is expected to reach INR 299.9 billion in the year ended March 31, 2025. Projections indicate continued growth with a compound annual growth rate of 10.7% in the subsequent four years, reaching a market size 498.7 billion by the year ended March 31, 2030 (source: Technopak Report). The market is broadly divided into three categories - Consumer Houseware, Consumer Glassware, and Small Kitchen Appliances, with the plastic consumerware industry estimated to grow at a compound annual growth rate of 11.6% between the years ended March 31, 2025 and 2030, growing from INR 103.6 billion to an estimated market size of INR 179.2 billion by the year ended March 31, 2030 (source: Technopak Report). For the year ended March 31, 2025, branded play accounted for approximately 54% (approximately INR 162.3 billion) of the Indian consumerware market and is projected to increase to approximately 60% (approximately INR 299.9 billion) by the year ended March 31, 2030, growing at a compound annual growth rate of 13.0%.

Our Company has 14 years' experience of manufacturing plastic consumerware products for everyday household needs. Our products include eight categories: Prep Time (kitchen tools for preparing cooking ingredients); Containers (food storage containers); Organization (miscellaneous storage containers); Hangers (various types of hangers); Meal Time (kitchenware); Cleaning Time (cleaning equipment); Bath Time (bathroom products); and Junior (child-friendly tableware, cutlery and other items). We primarily produce consumerware for customers to market under their own brand names (i.e., on a business-to-business basis), which is known as white label manufacturing. We also sell our products under our proprietary alltime brand (i.e., on a business-to-consumer basis). We primarily export our products to retailers in the European Union, the United Kingdom and the United States, and also sell our products in India to modern trade retailers, super distributors (who sell to distributors) and distributors (who sell to general trade stores).