Fund Raising Details

  • Mode of Fund Raising: Public Issue (IPO)
  • Date of Fund Raising: November 9, 2026 (Date of Allotment)
  • Amount Raised: ₹60 crores (Fresh Issue of 600 Millions)

Utilization Status

  • Deviation/Variation in Use of Funds: No
  • Monitoring Agency: Not Applicable
  • Audit Committee Comments: None
  • Auditor Comments: None

Fund Allocation and Utilization Details (Amount in Rupees)

Funding Capital Expenditure for GPU Project

  • Original Object: Funding capital expenditure requirement for setting up of Glass Processing Unit (GPU) Project as part of planned backward integration at Vile Bhagad Facility
  • Original Allocation: ₹50,00,00,000.00
  • Funds Utilized: ₹1,50,50,051.15
  • Deviation/Variation: NIL

General Corporate Purposes

  • Original Object: General Corporate Purposes
  • Original Allocation: ₹4,63,02,361.41
  • Funds Utilized: ₹4,63,02,361.41
  • Deviation/Variation: NIL

Offer Related Expenses

  • Original Object: Offer related expenses
  • Original Allocation: ₹5,36,97,638.59
  • Funds Utilized: ₹2,60,73,015.00
  • Deviation/Variation: NIL

Total Funds

  • Total Original Allocation: ₹60,00,00,000.00
  • Total Funds Utilized: ₹8,74,25,427.56