Voler Car Limited — Others, 26-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Voler Car Limited raised ₹27 crore from its IPO by issuing 30 lakh equity shares at a premium of ₹80 each on NSE’s Emerge platform. So far, around ₹3 crore has been spent mostly on issue expenses and some general corporate purposes, while ₹24 crore remains in fixed deposits. Importantly, no IPO funds have been used for working capital. The company’s audited utilization statement confirms the alignment with its accounting records, ensuring transparency for shareholders.