BSECompany Update7 Aug 2026 · 7 Aug 2026, 12:28 pm
Monitoring Agency Report for the quarter ended June 30, 2026
All Time Plastics Ltd · 544479
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All Time Plastics Ltd has submitted a Monitoring Agency Report for the quarter ended June 30, 2026, issued by Crisil Ratings Limited, regarding the utilization of proceeds of IPO and Pre-IPO.
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All Time Plastics Ltd - 544479 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
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Date: August 07, 2026 SEC/SE/2026-27/25
BSE Limited National Stock Exchange India Ltd.
Floor 25, Phiroze Jeejeebhoy Tower, Exchange Plaza, C-1, Block-G,
Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai – 400 001 Mumbai-400051
Scrip Code: 544479 Stock Code: ALLTIME
Sub.: Monitoring Agency Report for the quarter ended June 30, 2026
Dear Sirs/ Madam,
Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“Listing Regulations”), we hereby submit Monitoring Agency Report for
the quarter ended June 30, 2026, issued by Crisil Ratings Limited, towards utilization of proceeds of IPO
and Pre-IPO.
This is for your information and records.
Thanking you,
Yours faithfully,
For All Time Plastics Limited
Antony Alapat
(Company Secretary)
ICSI M.No.A34946
Encl: As above
All Time Plastics Limited
(formerly known as all time plastics private limited)
Registered Office: B-30, Royal Industrial Estate, Naigaum Cross Road, Wadala , Mumbai - 400031 India
CIN: L25209MH2001PLC131139 call +91-22-6620 8900 mail info@alltimeplastics com visit www.alltimeplastics.com
Monitoring Agency Report
All Time Plastics Limited
for the quarter ended
June 30, 2026
CRL/MAR/IABPPL/2026-27/1952
August 06, 2026
All Time Plastics Limited
B-30, Royal Industrial Estate,
Naigaum Cross Road, Wadala,
Mumbai
Dear Sir,
Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offer (“IPO”)
and Pre-IPO proceeds of All Time Plastics Limited (“the Company”)
Pursuant to Regulation 41(2) of SEBI (lssue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI
ICDR Regulations”) and Monitoring Agency Agreement dated July 31, 2025, enclosed herewith the Monitoring
Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR
Regulations towards utilization of proceeds of IPO and pre-IPO for the quarter ended June 30, 2026.
Request you to kindly take the same on records.
Thanking you,
For and on behalf of Crisil Ratings Limited
Shounak Chakravarty
Director, Ratings (LCG)
Report of the Monitoring Agency (MA)
Name of the issuer: All Time Plastics Limited
For quarter ended: June 30, 2026
Name of the Monitoring Agency: Crisil Ratings Limited
(a) Deviation from the objects: Not Applicable
(b) Range of Deviation: Not applicable
Declaration:
We declare that this report provides an objective view of the utilization of the issue proceeds and pre-IPO proceeds in relation
to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it
to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/
certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which
accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed
herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned
in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or
between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section
2(38) of the Companies Act, 2013.
The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains
and may receive separate compensation for its ratings and certain credit-related analyses. We confirm that we do not perceive
any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds and
pre-IPO proceeds by the issuer.
We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable.
There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the
Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer
and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA
takes no responsibility for such comments of the issuer’s Management/Board.
Signature:
Name and designation of the Authorized Signatory: Shounak Chakravarty
Designation of Authorized person/Signing Authority: Director, Ratings (LCG)
1) Issuer Details:
Name of the issuer: All Time Plastics Limited
Names of the promoter: a. Mr Bhupesh Punamchand Shah
b. Mr Kailesh Punamchand Shah
c. Mr Nilesh Punamchand Shah
Industry/sector to which it belongs: Housewares & Specialities
2) Issue Details
2.1 For proceeds from Initial Public Offer
Issue Period: Thursday, August 07, 2025, to Monday, August 11, 2025
Type of issue (public/rights): Initial Public Offer (IPO)
Type of specified securities: Equity Shares
IPO Grading, if any: NA
Issue size: Fresh Issuance of Rs 2,800.00 million (Refer Note 1)
Note 1:
Particulars Amount (Rs in million)
Gross proceeds from the Fresh Issue 2,800.00*
Less: Issue Expenses 228.91**
Net Proceeds 2,571.09
*Crisil Ratings shall be monitoring the gross proceeds.
**On the basis of the certificate dated July 30, 2026, issued by M/s Maheshwari & Co. Chartered Accountants (Firm
Registration Number: 105834W), Peer-Reviewed Independent Chartered Accountant, out of the offer related
expenses of Rs 228.91 million, the Company has spent entire Rs 228.91 million towards the issue expenses.
2.2 For proceeds from Pre -IPO proceeds:
Allotment date: Friday, June 30, 2025
Type of issue (public/rights): Private placement
Type of specified securities: Equity Shares
IPO Grading, if any: NA
Issue size: Fresh issuance of Rs 700 million (Refer Note 2)
Note 2:
Particulars Amount (Rs in million)
Gross proceeds from the Fresh Issue 700.00*
Less: Issue Expenses 27.02**
Net Proceeds 672.98
*Crisil Ratings shall be monitoring the gross proceeds.
**On the basis of the certificate dated July 30, 2026, issued by M/s Maheshwari & Co. Chartered Accountants (Firm
Registration Number: 105834W), Peer-Reviewed Independent Chartered Accountant, out of the offer related
expenses of Rs 27.02 million, the Company has spent entire Rs 27.02 million towards the issue expenses.
3) Details of the arrangement made to ensure the monitoring of issue proceeds:
Source of
information/
certifications
considered by Comments of the Comments of the
Particulars Reply
Monitoring Monitoring Agency Board of Directors
Agency for
preparation of
report
Peer-Reviewed
Independent
Chartered IPO Proceeds are
Accountant utilised towards
Whether all utilization is as per the
Yes Certificate^, objects disclosed in No Comments
disclosures in the Offer Document?
Management the Prospectus viz
undertaking, capex.
Prospectus, Bank
Statements
Whether shareholder approval has
been obtained in case of material
NA No Comments No Comments
deviations from expenditures
disclosed in the Offer Document?
Whether the means of finance for
the disclosed objects of the issue No No Comments No Comments
has changed?
Is there any major deviation
observed over the earlier No No Comments No Comments
monitoring agency reports? Peer-Reviewed
Whether all Government/statutory Independent
approvals related to the object(s) Yes Chartered No Comments No Comments
have been obtained? Accountant
Whether all arrangements Certificate^,
pertaining to technical Management
Yes No Comments No Comments
assistance/collaboration are in Undertaking
operation?
Are there any favorable events
improving the viability of these No No Comments No Comments
object(s)?
Are there any unfavorable events
affecting the viability of the No No Comments No Comments
object(s)?
Is there any other relevant
information that may materially
No No Comments No Comments
affect the decision making of t
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