The company confirms that there are no deviations or variations in respect of the utilization of the proceeds from its Initial Public Offer (IPO) from the objects mentioned in the Prospectus.
IPO Details
- Mode of Fund Raising: Initial Public Offering
- Issue Period: September 09, 2026 to September 11, 2026
- Amount Raised: ₹17.88 Crores
- Report filed for half year ended: September 30, 2026
- Monitoring Agency: Not Applicable
Fund Utilization Status
- Variation in use of funds raised: Not Applicable
- Audit Committee Comments: No Comments
- Auditors Comments: No Comments
Detailed Utilization as on September 30, 2026
| Object | Original Allocation (in lacs) | Modified Allocation (in lacs) | Fund Utilized (in lacs) | Unutilized Amount (in lacs) | Remarks |
| Investment in our wholly owned subsidiary | 881.42 | - | 881.42 | 0 | - |
| Repayment or prepayment, in full or in part, of certain borrowings availed by our Company | 397.74 | - | 397.74 | 0 | - |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes | 288.36 | - | 288.36 | 0 | - |
| Total | 1567.52 | - | 1567.52 | 0 | - |
The statement has been verified and signed by Yogesh Kansal (Partner) of Kansal Yogesh & Co., Chartered Accountants (Firm Registration No: 33960N), confirming the information is true to the best of their knowledge and belief.
The document is signed by Ajit Singh Bawa, Managing Director (DIN: 00413081) on behalf of Amtech Esters Limited.