IPO Fund Utilization Details
Mode of Fund Raising: Initial Public Offer (IPO)
Type of Instrument: Equity
Date of Raising Funds: 17 September 2025
Amount Raised: ₹39.37 crore (₹3,937.44 lakhs)
Utilization Breakdown:
- Working Capital Requirement: Allocated ₹20.00 crore, utilized ₹13.38 crore (66.91%), unutilized ₹6.62 crore
- General Corporate Purpose: Allocated ₹5.90 crore, utilized ₹5.83 crore (98.86%), unutilized ₹0.07 crore
- Investment in Subsidiary (Park Smart Solutions Limited): Allocated ₹8.00 crore, fully utilized ₹8.00 crore for funding its working capital requirement
- Public Issue Expenses: Allocated ₹5.47 crore, utilized ₹5.34 crore (97.46%), unutilized ₹0.14 crore
Total IPO Funds Utilized: ₹33.55 crore (85.21% of total raised)
Total IPO Funds Unutilized: ₹5.82 crore (14.79% of total raised)
Preferential Issue Fund Utilization Details
Mode of Fund Raising: Preferential issue
Type of Instrument: Equity
Date of Raising Funds: 27 July 2026
Amount Raised: ₹41.98 crore (₹4,198.15 lakhs)
Utilization Breakdown:
- Capital Expenditure for New Factory: Allocated ₹10.00 crore, unutilized ₹10.00 crore (100% unutilized)
- Inorganic Growth Opportunities through Unidentified Acquisition: Allocated ₹27.57 crore, unutilized ₹27.57 crore (100% unutilized)
- General Corporate Purposes: Allocated ₹1.94 crore, unutilized ₹1.94 crore (100% unutilized)
- Preferential Allotment Expenses: Allocated ₹2.48 crore, unutilized ₹2.48 crore (100% unutilized)
Total Preferential Funds Utilized: ₹0.00 crore (0% of total raised)
Total Preferential Funds Unutilized: ₹41.98 crore (100% of total raised)
Financial Impact
No financial impact from deviations as none were reported. The company maintains compliance with SEBI regulations regarding fund utilization disclosure.
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