R K Swamy Limited — Others, 12-05-2025: Monitoring Agency Report
12-05-2025 | 06:34 pm
12-05-2025 | 06:34 pm
R K SWAMY Limited has announced a Monitoring Agency Report on IPO proceeds utilization. The company fully utilized Rs 54 Cr for working capital and Rs 36.26 Cr for general corporate purposes. Partial funds were used for IT infrastructure (Rs 4.24 Cr of Rs 33.34 Cr) and setting up new Customer Experience Centres and CATI (Rs 5.75 Cr of Rs 21.74 Cr). No funds were spent yet on DVCP Studio capex, as premises are being finalized. Unused proceeds of Rs 56.07 Cr are parked in fixed deposits/public issue accounts, earning about 7.7%, with remaining capex planned for completion by fiscal 2026.
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