Globtier Infotech files a mandatory SEBI Regulation 32 statement confirming no deviation in IPO fund utilization for FY26.
The company raised ₹27.44 crore net in its September 2025 IPO and reports full utilization as per original objects.
Funds were utilized for working capital (₹11.50M), loan repayment (₹8.30M), corporate purposes (₹4.09M), and issue expenses (₹3.55M).
The Audit Committee reviewed and noted the complete utilization with no variation from the disclosed objects.