QMS Medical Allied Services Fund Raise of ₹12.05 Cr
QMS Medical Allied Services reported zero deviation in utilizing ₹12.05 Crore raised via its Rights Issue. Funds were fully deployed for subsidiary acquisition and corporate purposes.
Sellwin Traders reported the utilization of ₹22.36 Crore raised via preferential warrant allotments. No deviations were reported for the quarter ended March 2026.
Deepak Builders & Engineers India Fund Raise of ₹260 Cr
Deepak Builders reported zero deviation in utilizing its ₹260.04 Crore IPO proceeds for the March 2026 quarter. Funds were primarily deployed for debt repayment and working capital.
Shivashrit Foods Limited reported its IPO proceeds utilization, confirming Rs. 70.03 Crore raised. The company noted object variations regarding land substitution for its expansion project.
Eppeltone Engineers Limited confirmed zero deviations in utilizing ₹43.96 Crore IPO proceeds. The audit committee reviewed deployment across capital expenditure and working capital requirements.
Chemtech Industrial Valves confirmed zero deviation in utilizing ₹7.50 Crore raised via warrant conversions. The funds were deployed for capital expenditure and working capital requirements.
DC Infotech and Communication Fund Raise of ₹7.05 Cr
DC Infotech confirmed zero deviation in utilizing ₹7.05 Crore raised via preferential warrant conversion. Funds were fully deployed toward working capital and growth requirements.
L.T. Elevator Limited reported zero deviation in the utilization of ₹39.37 Crore raised through its IPO. The funds are being deployed for working capital and subsidiary investment.
Pratham EPC Projects Limited confirmed full utilization of ₹36 Crore IPO proceeds and near-total utilization of ₹10 Crore preferential funds. No deviations were reported by the Audit Committee.
Oval Projects Engineering reported utilization of ₹38.96 Crore from its ₹46.74 Crore IPO proceeds. No material deviation from stated prospectus objects was recorded for FY2026.
Cargotrans Maritime Limited reported zero deviation in the utilization of ₹19.85 Crore raised through preferential issues. Funds were fully deployed toward subsidiary investment, debt repayment, and working capital.
Hittco Tools Limited reported the utilization of ₹0.62 Crore raised via preferential issue. The company confirmed zero deviation from the original objects of the fundraise.
Subam Papers Limited reported nil deviation in utilizing ₹74.36 Crore raised via preferential issue. Funds were primarily deployed for debt repayment and general corporate purposes.
RMC Switchgears reported zero deviation in utilizing ₹15.01 Crore raised through a preferential issue. The funds were fully deployed for corporate purposes and subsidiary investments.
Jagsonpal Services Limited reported nil deviation in the use of ₹15.88 Crore raised via preferential issue. Funds are being utilized for NBFC licensing and technology development.
CWD Limited reported zero deviations in the utilization of ₹63.96 Crore raised through preferential issues. The audit committee confirmed full compliance with the stated objects.
Logiciel Solutions Ltd reported zero deviation in the utilization of its ₹39.9 Crore IPO proceeds. Funds were deployed for infrastructure and corporate purposes as per original objects.
BharatRohan Airborne Innovations Fund Raise of ₹39.79 Cr
BharatRohan Airborne Innovations reported the utilization of ₹39.79 Crore in IPO proceeds. No deviations were reported, confirming compliance with stated prospectus objectives.
Rajputana Stainless Limited confirmed zero deviation in utilizing its ₹178.73 Crore IPO proceeds for the quarter. Funds were deployed toward debt repayment and corporate purposes.
TSC India Limited reported zero deviation in the utilization of ₹25.89 Crore raised through its IPO. All funds were deployed toward working capital and corporate purposes.
Misquita Engineering Limited confirmed zero deviation in utilizing proceeds from its IPO and preferential issue. The company maintains full compliance with its stated fund deployment objectives.
HRH Next Services Limited reported zero deviation in the utilization of ₹9.57 Crore raised through its IPO. Funds were deployed for expansion and capital expenditures as planned.
Prospect Consumer Products Limited reported 100% utilization of its ₹4.63 Crore preferential issue proceeds. The company confirmed zero deviation from stated objects during the period.
Markolines Pavement Technologies Fund Raise of ₹2.01 Cr
Markolines Pavement Technologies reported zero deviation in the utilization of ₹2.01 Crore raised via warrant conversions. Proceeds were fully deployed toward working capital and debt repayment.
Novyra Pharmachem Limited reported zero deviation in the utilization of ₹0.13 Crore raised via preferential issue. Funds were fully utilized for working capital requirements as intended.
Asarfi Hospital Limited reported zero deviation in the utilization of ₹26.94 Crore raised via its IPO. Funds were deployed for hospital capital expenditure and land acquisition.
Mangalam Alloys Limited reported zero deviation in utilizing its ₹54.91 Crore IPO proceeds. The Audit Committee confirmed funds were deployed according to the original prospectus.
Tirupati Innovar Limited has withdrawn its ₹46.44 Crore rights issue following delays in allotment approvals. The company is initiating fund unblocking for participating investors.
Ganesh Green Bharat approved a Rs. 6.85 Crore preferential issue of 1,99,000 convertible warrants to its promoter group. The warrants are exercisable into equity within 18 months.
Maitreya Medicare Limited reported zero deviation in the utilization of its ₹14.89 Crore IPO proceeds. Funds were deployed toward subsidiary investments, debt redemption, and working capital.