NANTA TECH LIMITED | (Formerly known as Nanta Tech Private Limited)
Key Confirmation
The company confirms that there has been no deviation or variation in the use of proceeds from the objects stated in the prospectus of its Initial Public Issue (SME IPO). The money raised has been utilized strictly for the objects stated in the Prospectus dated December 27, 2025.
Fund Raising Details
- Mode of Fund Raising: Public Issue (SME IPO)
- Date of Raising Funds: December 29, 2025
- Total Amount Raised: ₹3,181.20 Lakhs
- Report filed for Quarter ended: September 30, 2026
- Monitoring Agency: Not Applicable
Detailed Utilization of Proceeds (as of September 30, 2026)
A detailed breakdown of the fund utilization, as per the objects stated in the offer document, is provided:
| Sr. No. | Object as stated in the Offer Document | Amount Proposed to be Utilized (₹ Lakhs) | Actual Amount Utilized (₹ Lakhs) | Unutilized Amount (₹ Lakhs) | Remarks |
| 1. | Funding capital expenditure requirements towards setting up an experience centre cum product display area | 1,404.77 | 1,370.32 | 34.45 | - |
| 2. | Funding Working Capital Requirements of the Company | 1,050.00 | 1,050.00 | 0.00 | - |
| 3. | General Corporate Purpose | 316.71 | 316.71 | 0.00 | - |
| 4. | Issue Related Expense | 409.72 | 409.72 | 0.00 | - |
| Total | | 3,181.20 | 3,146.75 | 34.45 | - |
Governance and Compliance
- Audit Committee Review: The Audit Committee reviewed the statement and noted that there is no deviation/variation in the use of funds.
- Statutory Auditors' Certificate: The company has enclosed a certificate from its statutory auditors regarding the utilization of funds. The auditors certified, based on the company's books of accounts, that the proceeds have been used for the stated purposes as on September 30, 2026. Their comments are listed as 'No Comments' in the deviation statement.
Signatory and Company Details
The letter is signed by Mayank Arvindbhai Jani, Managing Director (DIN: 09565806), on behalf of Nanta Tech Limited.