Description
All Time Plastics Limited allocates 43,60,502 equity shares to anchor investors at ₹275 per share, raising ₹119.91 crores.
Summary
All Time Plastics Limited has completed the allocation of equity shares to anchor investors as part of its initial public offering (IPO). The company allocated 43,60,502 equity shares at ₹275 per share (face value ₹2 with premium ₹273), raising a total of ₹119.91 crores from 12 anchor investors.
Key Points
- Total shares allocated: 43,60,502 equity shares
- Allocation price: ₹275 per share (face value ₹2 + premium ₹273)
- Total amount raised: ₹119,91,38,050 (₹119.91 crores)
- Number of anchor investors: 12
- Domestic mutual fund allocation: 35% (15,26,202 shares) across 4 schemes from 3 funds
- IPO Committee meeting date: August 6, 2025
Major Anchor Investors
- ASHOKA INDIA EQUITY INVESTMENT TRUST PLC: 5,08,734 shares (11.67%)
- CANARA ROBECO MANUFACTURING FUND: 5,08,734 shares (11.67%)
- BANDHAN SMALL CAP FUND: 5,08,734 shares (11.67%)
- ABAKKUS DIVERSIFIED ALPHA FUND: 5,08,734 shares (11.67%)
- ABSL UMBRELLA UCITS FUND PLC - INDIA FRONTLINE EQUITY FUND: 5,08,734 shares (11.67%)
Mutual Fund Participation
- BANDHAN SMALL CAP FUND: 5,08,734 shares
- CANARA ROBECO MANUFACTURING FUND: 5,08,734 shares
- EDELWEISS RECENTLY LISTED IPO FUND: 3,27,240 shares
- EDELWEISS AGGRESSIVE HYBRID FUND: 1,81,494 shares
Important Dates
- IPO Committee Meeting: August 6, 2025
- Red Herring Prospectus Filed: August 1, 2025
Impact Assessment
The successful anchor investor allocation demonstrates strong institutional interest in All Time Plastics Limited’s IPO. The participation of prominent mutual funds and investment trusts provides credibility to the offering and may influence retail investor participation in the public issue.
Impact Justification
IPO anchor allocation represents significant capital raising activity and market entry for the company