Financial Utilization Details
IPO proceeds utilization as certified by CA Shobhit Rajul Dave, partner of M/s. Keyur Shah and Associates, Chartered Accountants:
| Object | Planned Amount (₹ Lakhs) | Utilized till 30th September 2026 (₹ Lakhs) | Pending Utilization (₹ Lakhs) |
| Funding of Capital Expenditure for new purchase of Equipment | 1,420.62 | 470.62 | 949.64 |
| Purchase of Commercial Vehicle | 229.19 | 89.17 | 140.02 |
| Funding Working Capital Requirements | 1,668.00 | 1,668.00 | 0.00 |
| General Corporate Purpose | 661.48 | 661.48 | 0.00 |
| Total | 3,979.29 | 2,889.63 | 1,089.66 |
Certification and Review Process
The statement was certified by CA Shobhit Rajul Dave, partner of M/s. Keyur Shah and Associates, Chartered Accountants (FR No: 333288W), based on examination of books of accounts and other documents. The Audit Committee reviewed this statement in their meeting held on 13th November, 2026.