All Time Plastics

The story of All Time Plastics begins not in 2001 with its formal incorporation, but decades earlier, rooted in a family enterprise. The journey started in 1971 when the late Punamchand Hansraj Shah established a small factory in Mumbai to manufacture plastic articles. This foundation in the plastics industry was built upon by his sons, Kailesh, Bhupesh, and Nilesh Punamchand Shah, who would later become the founders of All Time Plastics. They gained experience through their association with other industry companies before consolidating their efforts. All Time Plastics Private Limited was officially incorporated on March 8, 2001. The company focused on producing a wide range of plastic consumerware, from kitchen tools and food containers to cleaning and bathroom products. A significant step in its growth was the establishment of a manufacturing facility in Silvassa in 2011, followed by the acquisition of the manufacturing business of Pyramid Plastics in 2014, which enhanced its production capabilities. The business model primarily targets B2B exports, manufacturing white-label products for major global retailers like IKEA and Asda, which accounts for over 85% of its business. A pivotal event in the company's history occurred in August 2025, when All Time Plastics converted to a public limited company and launched its Initial Public Offering (IPO). The IPO, a combination of a fresh issue of shares and an offer for sale by the founding promoters, aimed to raise funds for debt repayment and to purchase new machinery for its facilities. The successful IPO, which was oversubscribed, marked a new chapter for the company, solidifying its position in the competitive consumerware market and equipping it for future expansion.