Yaashvi Jewellers Limited submitted a regulatory filing to BSE Limited confirming no deviation or variation in the utilization of proceeds raised through its Initial Public Offer (IPO) from the objects stated in the prospectus. The filing is made pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Details:
- IPO Date: June 2, 2026
- Amount Raised: ₹42.88 crore (₹4,287.71 lakhs)
- Reporting Period: Half-year ended September 30, 2026
- Monitoring Agency: Not applicable
Fund Utilization Breakdown:
The company reported complete utilization of IPO proceeds exactly as per original allocations:
- Working Capital Requirement: ₹21.50 crore allocated and fully utilized (₹2,150.00 lakhs)
- Repayment/Prepayment of Borrowings: ₹11.00 crore allocated and fully utilized (₹1,100.00 lakhs)
- General Corporate Purposes: ₹6.54 crore allocated and fully utilized (₹653.64 lakhs)
- Issue Related Expenses: ₹4.84 crore allocated and fully utilized (₹484.07 lakhs)
Audit Committee Review:
The Audit Committee reviewed and approved the Statement of Deviations in utilization of funds at its meeting held on November 14, 2026. The Committee noted that the proceeds have been utilized for the objects stated in the offer document and observed no deviations or variations from the stated objects.