Disclosure Context
Regulatory filing submitted to National Stock Exchange of India Limited and BSE Limited on November 02, 2026 pursuant to Regulation 32(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR).
Key Dates
- Equity shares listed on BSE and NSE: July 30, 2026
- Date of Raising Funds (IPO): July 28, 2026
- Quarter ended: September 30, 2026
- Board and Audit Committee review date: November 2, 2026
Fund Raising Details
- Mode of Fund Raising: Public Issue - Initial Public Offer (IPO)
- Total Amount Raised: ₹16,680.18 lakh
- Monitoring Agency: Yes, Crisil Ratings Limited
Utilization Status
- No deviation or variation in utilization of IPO proceeds for the quarter ended September 30, 2026
- Funds utilized exactly as per objects stated in the prospectus
- Shareholder approval not required as no deviation occurred
Detailed Fund Utilization (in ₹ lakhs)
Object-wise Utilization:
1. Repayment/pre-payment of outstanding borrowings
- Original Allocation: ₹2,019.60
- Funds Utilized: ₹2,019.60
- Deviation: NIL
2. Capital expenditure for purchase of systems and hardware
- Original Allocation: ₹848.06
- Funds Utilized: ₹0.00 (dash indicates zero utilization)
- Deviation: NIL
3. Working capital requirements
- Original Allocation: ₹10,200.00
- Funds Utilized: ₹6,317.36
- Deviation: NIL
4. General Corporate Purposes
- Original Allocation: ₹1,861.45
- Funds Utilized: ₹1,525.00
- Deviation: NIL
5. Issue related expenses
- Original Allocation: ₹1,751.07
- Funds Utilized: ₹1,710.11
- Deviation: NIL
- Total Original Allocation: ₹16,680.18
- Total Funds Utilized: ₹11,572.07
- Overall Deviation: NIL