Home / News / India News / Article / All Time Plastics IPO lists at up to 14 percent premium, trade above IPO price

All Time Plastics IPO lists at up to 14 percent premium, trade above IPO price

The company achieved a market valuation of over Rs 1,976 crore, with its IPO garnering 8x times subscription by the final day of bidding

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The company intends to use the proceeds from the fresh issue to purchase machinery for its Manekpur plant in Gujarat, repay debt, support general corporate activities, and fund expansion plans  File pic

The company intends to use the proceeds from the fresh issue to purchase machinery for its Manekpur plant in Gujarat, repay debt, support general corporate activities, and fund expansion plans File pic

Shares of consumerware products maker, 'All Time Plastics Ltd' on Thursday listed with a premium of over 14 per cent against the issue price of Rs 275.

The stock started trading at Rs 314.30, a jump of 14.29 per cent from the issue price on the BSE. Later, it surged 17.14 per cent to Rs 322.15.

At the NSE, the stock listed at Rs 311.30, up 13.2 per cent.

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