Key Quantitative Figures
- IPO Date: August 11, 2026
- IPO Size: ₹3,239.62 lakh (34,46,400 equity shares of ₹10 each at a premium of ₹84 per share)
- Listing Date: August 13, 2026 on SME Platform of BSE Limited
- Reporting Period: Half Year ended September 30, 2026
Fund Utilization Status
No deviation or variation in utilization of IPO proceeds during the half year ended September 30, 2026.
Detailed Fund Utilization (Amounts in ₹ lakh):
| Purpose | Original Allocation | Amount Utilized | Amount Unutilized | Remarks |
| Funding of capital expenditure for new manufacturing facility at Plot No. 68-1, Sector 5, Auric City, Shendra, Aurangabad | 1,956.00 | 0 | 1,956.00 | Unutilized proceeds held in fixed deposits with banks (₹1,952.74 lakh with Canara Bank and Bank of Baroda) and in public issue account with DBS Bank (₹3.26 lakh), pending transfer |
| Repayment/prepayment of certain outstanding secured borrowings | 478.88 | 478.88 | - | NA |
| General Corporate Purposes | 480.77 | 480.77 | - | |
| Issue Expenses | 323.96 | 323.96 | - | |
| Total | 3,239.62 | 1,283.61 | 1,956.00 | |
Auditor Certification
- Auditor Firm: CNA & Associates (FRN 128929W)
- Partner: CA Ashutosh Holani (M. No. 129732)
- Opinion: The utilization statement is in agreement with the unaudited financial results and books of account for the half-year ended September 30, 2026
- UDIN: 26129732BSCNGY8046
- Date of Certificate: November 13, 2026
Additional Information
- Monitoring Agency: Not applicable
- Shareholder Approval: Not applicable
- Audit Committee Comments: NA
- Auditor Comments: NA