Key Quantitative Figures
- IPO Fresh Issue Amount: ₹58.80 crore (₹58,80,00,000)
- Date of Allotment: July 30, 2025
- Amount Utilized as of March 31, 2026: ₹22.56 crore (₹22,56,38,283)
- Amount Unutilized as of March 31, 2026: ₹36.24 crore (₹36,23,61,717)
- Breakdown of Utilization:
- General Corporate Purpose: ₹16.27 crore (₹16,26,84,886)
- Working Capital Requirements: ₹6.30 crore (₹6,29,53,397)
Parties Involved
- Listed Entity: Patel Chem Specialities Limited
- Stock Exchange: BSE Limited (Scrip Code: 544460)
- Monitoring Agency: Infomerics Valuation and Rating Limited
- Bank for FD Placement: Axis Bank
Financial Impact Disclosure
No financial impact from deviation/variation as none occurred. Unutilized funds of ₹36.24 crore are parked in fixed deposits with Axis Bank.
Governance Approvals
- Audit Committee reviewed and approved the no-deviation statement
- Board of Directors took on record the statement at their meeting held on May 21, 2026
#Tags: #PatelChemSpecialities #SEBIRegulation32 #IPOCompliance #FundUtilization #RegulatoryFiling