Key Financial Figures
- Total IPO proceeds raised: Rs 9,17,28,000 (Rs 9.17 crore)
- IPO-related expenses: Rs 85,00,000 (Rs 85 lakh)
- Net proceeds available for utilization: Rs 8,32,28,000 (Rs 8.32 crore)
Fund Utilization Details
| Purpose | Original Amount Allocated (Rs) | Amount Utilized (Rs) | Deviation/Variation |
| Funding detailed expansion of micro services applications | 2,93,47,000 | 96,61,400 | No |
| Funding expansion for opening new offices | 1,20,00,000 | 0.00 | No |
| Working capital requirements for company | 2,00,00,000 | 20,00,000 | No |
| General corporate purposes and expenses (including IPO transaction costs) | 2,17,55,000 | 1,28,70,000 | No |
| Public issue expenses | 85,00,000 | 85,00,000 | No |
| Total | 9,17,02,000 | 3,30,31,400 | |
Key Finding
The company has reported no deviation or variation in the utilization of IPO funds from the stated objectives for the half year ended September 30, 2026.