Key Quantitative Figures
- IPO Date: January 12, 2026
- Amount Raised: ₹12,040.80 lakhs
- Reporting Period: Half year ended March 31, 2026
Fund Utilization Details
Funds were utilized exactly as per the objects outlined in the prospectus:
- Setting up of 50,000 sq.ft. shed and additional production capacity (Capex): Allocated ₹4,800.00 lakhs; Utilized ₹4,800.00 lakhs (100% of allocation)
- Investment in subsidiary Yashodha Linen Yarn Limited for greenfield unit: Purpose stated but no specific allocation amount shown in the utilization table
- Funding of working capital requirements: Allocated ₹3,600.00 lakhs; Utilized ₹3,600.00 lakhs (100% of allocation)
- General Corporate Purposes: Allocated ₹1,000.00 lakhs; Utilized ₹1,000.00 lakhs (100% of allocation)
- IPO Issue Expenses: Allocated ₹1,448.04 lakhs; Utilized ₹1,432.08 lakhs
Project Details
The Capex project involves setting up a 50,000 sq.ft. shed and installing additional production capacity of up to 4 tons per day at the company's existing manufacturing unit at Jagannathpur, Phuleshwar, Uluberia, District Howrah.
The subsidiary investment is for Yashodha Linen Yarn Limited to set up a greenfield unit at Vikram Udyogpuri, DMIC Industrial Park, Ujjain, Madhya Pradesh for 100% wet spun linen yarn and blended yarn production.
Monitoring and Approval
- Monitoring Agency: Not Applicable
- Shareholder Approval: Not Applicable (no deviation)
- Audit Committee Comments: Not Applicable
- Chartered Accountants Comments: Not Applicable
Financial Impact
No financial impact from deviation as no deviation occurred. All funds were utilized as originally intended and disclosed in the prospectus.