Key Quantitative Figures
- IPO Date of Allotment: September 19, 2026
- Total Amount Raised: ₹6,12,00,000 (6.12 crore)
- Total Amount Utilized: ₹3,82,34,012 (3.82 crore)
- Balance Amount: ₹5,65,988
- Monitoring Agency: Not Applicable
Fund Utilization Breakdown
| Object | Allocated (₹) | Utilized (₹) | Surplus/(Deficit) to GCP (₹) | Balance (₹) |
| Offer-related Expenses | 78,00,000 | 58,08,796 | (19,91,204) | - |
| Building Content Studio and Offline Training Infrastructure | 80,00,000 | 79,86,848 | (13,152) | - |
| Information Technology Procurement | 60,00,000 | 54,29,537 | - | 5,70,463 |
| Content Development for Course Material | 50,00,000 | 52,85,000 | 2,85,000 | - |
| Enhancement of Brand Visibility and Awareness | 35,00,000 | 41,80,208 | 6,80,208 | - |
| Learning Management System Application Development | 10,00,000 | 10,00,591 | 591 | - |
| General Corporate Purpose | 75,00,000 | 85,43,032 | 10,38,557 | (4,475) |
| TOTAL | 3,88,00,000 | 3,82,34,012 | 0 | 5,65,988 |
Key Notes from Utilization
1. Surplus of ₹19,91,204 from offer-related expenses transferred to General Corporate Purpose (GCP)
2. Deficits in four objects were met from GCP funds: ₹13,152 (building infrastructure), ₹2,85,000 (content development), ₹6,80,208 (brand enhancement), and ₹591 (LMS development)
3. GCP allocation was ₹75,00,000 but ₹85,43,032 utilized, with excess ₹10,38,557 met from surplus funds transferred to GCP
Regulatory Compliance Status
- Deviation/Variation in use of funds: NO
- Shareholder approval for changes: Not applicable
- Explanation for deviation: Not applicable
- Audit Committee comments: None
- Auditor comments: "As per our observation there is no deviation or comments"
Additional Context
The company's equity shares were listed on BSE Limited effective September 23, 2024. This is a mandatory half-yearly compliance filing under SEBI Listing Regulations for monitoring IPO fund utilization.