Key Financial Details
- IPO Date: September 18, 2026
- Total IPO Proceeds: ₹2458.40 Lakhs
- Reporting Period: Half-year ended September 30, 2026
- Monitoring Agency: Not Applicable
Object-wise Fund Utilization (₹ in Lakhs)
| Object | Original Allocation | Actual Utilization | Deviation |
| Funding capital expenditure towards purchase of property and its renovation, modernization and fit-out | 600.00 | NIL | NIL |
| Funding the Company's working capital requirements | 1,150.00 | 748.70 | NIL |
| General corporate purposes | 366.88 | 65.58 | NIL |
| Public Issue Expenses | 341.52 | 341.52 | NIL |
Compliance Status
The company confirms that there has been no deviation or variation in the utilization of IPO proceeds from the objects stated in the Prospectus during the reporting period. All proceeds have been utilized strictly for the stated objects.
Governance Approvals
The statement of utilization was reviewed and noted by:
- Audit Committee: Meeting held on November 13, 2026
- Board of Directors: Meeting held on November 13, 2026
Both bodies expressed satisfaction with the utilization and confirmed compliance with prospectus objects.
Auditor Certification
JVA & Associates, Chartered Accountants (Firm Registration No. 26849N) issued a certificate confirming:
- Total IPO proceeds: ₹2458.40 Lakhs
- Actual utilization matches objects stated in offer document
- No deviations observed in fund utilization
- Certificate dated November 13, 2026, signed by Vaibhav Jain (Membership No.: 518200)