Power and Instrumentation (Gujarat) Fund Raise of ₹19.76 Cr
Power & Instrumentation (Gujarat) Limited reported nil deviation in the utilization of ₹19.76 Crore raised via warrant conversions. Funds were fully deployed for share acquisition and working capital.
Airfloa Rail Technology reported zero deviation in the utilisation of its ₹91.10 Crore IPO proceeds. The company confirmed compliance with stated objects as of March 2026.
Kridhan Infra Limited reported 100% adherence to its original fund utilization objects for the quarter ended March 2026. The company successfully utilized ₹11.86 Crore of ₹41.60 Crore raised.
Sahana System Limited confirmed zero deviation in utilizing ₹5.74 Crore raised via preferential warrants. The funds were fully deployed toward working capital requirements as intended.
Bonlon Industries reported zero deviation in utilizing Rs. 39.78 Crore raised via preferential warrants. The funds were deployed toward working capital and capital expenditure.
Riddhi Corporate Services Limited reported its fund utilization status for the quarter ended March 2026. The company utilized ₹19.39 Crore from public and preferential issues.
3C IT Solutions & Telecom (India) Fund Raise of ₹8.5 Cr
3C IT Solutions confirmed full utilisation of ₹8.50 Crore in IPO proceeds as of March 2025. This completes its regulatory reporting requirements under SEBI Regulation 32.
Ameenji Rubber Limited reported zero deviation in the utilization of its ₹30.0 Crore IPO proceeds. The funds were deployed for capital expenditure, debt repayment, and corporate purposes.
Confidence Petroleum India Fund Raise of ₹250.1 Cr
Confidence Petroleum India Limited reported zero deviation in the utilization of ₹250.11 Crore raised via preferential issue. Funds were deployed towards LPG and CNG segment capex.
Curis Lifesciences reported its IPO fund utilization for FY2025-26, confirming ₹27.52 Crore was raised. The company reported no deviations in the deployment of these proceeds.
Moxsh Overseas Educon reported zero deviation in utilizing ₹4.30 Crore raised via preferential issue. Funds were deployed for working capital, loan repayment, and general corporate purposes.
Nilachal Carbo Metalicks reported the utilization of ₹22.10 Crore raised through its IPO. No deviations or variations were recorded in the objects stated in the prospectus.
Astonea Labs Limited reported a reallocation of ₹37.67 Crore in IPO proceeds. The funds were redirected towards acquiring an equity stake in Damaira Pharmaceuticals Private Limited.
Astal Laboratories reported nil deviation in the utilization of ₹3.06 Crore raised via a preferential issue. Funds were deployed for capital expenditure and working capital requirements.
Thirumalai Chemicals Limited reported zero deviation in the utilization of ₹56.14 Crore raised through a preferential issue. Funds were deployed for capital expenditure and general corporate purposes.
Arvind Port and Infra Limited reported zero deviation in the utilization of ₹3.79 Crore raised via preferential issue. Funds were primarily deployed for debt repayment and working capital.
3B Films Limited confirmed zero deviation in utilizing ₹33.75 Crore raised through its IPO. Funds were deployed for company expansion and general corporate purposes.
PTC Industries Limited confirmed zero deviation in the utilization of ₹699.99 Crore raised via QIP. The Audit Committee and monitoring agency reported no concerns for the period.
Picturepost Studios Limited reported full utilization of ₹18.72 Crore raised through its public issue. No deviations were noted in spending across capital expenditure and debt repayment.
Sawaliya Food Products Limited reported zero deviation in utilizing its ₹31.23 Crore IPO proceeds. The company has utilized ₹24.68 Crore for project costs, debt repayment, and working capital.
Mehul Colours Limited reported the utilization of ₹21.66 Crore raised through its IPO. As of March 2026, ₹10.62 Crore has been utilized with zero deviations reported.
Clenon Enterprises reported zero deviation in the utilization of ₹2.33 Crore raised via preferential issue. Funds were fully deployed for business expansion and working capital needs.
Shreenath Paper Products Limited reported utilization of ₹23.36 Crore raised via IPO. The funds were deployed for working capital and general corporate purposes as per the offer document.
Commercial Syn Bags Limited reported no deviations in the utilization of ₹2.09 Crore raised via preferential issue. The funds were deployed for working capital and corporate purposes.
Neopolitan Pizza And Foods Ltd disclosed the full utilization of ₹11.70 Crore in IPO proceeds. Funds were deployed for retail expansion, working capital, and general corporate purposes.
Indian Infotech & Software Fund Raise of ₹44.81 Cr
Indian Infotech submitted its Monitoring Agency Report for the Rs. 44.81 Crore Rights Issue. Acuité Ratings confirmed Rs. 43.31 Crore utilization with no material deviations observed.
Kaushalya Logistics Limited reported nil deviation in utilizing its Rs. 25.35 Crore IPO proceeds. Funds were deployed for working capital, loan repayment, and general corporate purposes.
Pulsar International Limited submitted its Monitoring Agency Report for the ₹35.70 Crore Rights Issue. The filing confirms the full utilization of proceeds as of March 2026.
Ace Software Exports Limited reported zero deviation in the utilization of its ₹60.18 Crore Rights Issue proceeds. The funds were deployed as per the objects stated.