Maxposure Limited — Others, 28-05-2025: Utilisation of Funds
28-05-2025 | 06:19 pm
28-05-2025 | 06:19 pm
Maxposure Ltd has adjusted its IPO fund allocation following shareholder approval. Certification expenses for AeroHub dropped to ₹2.50 Cr from ₹3.50 Cr, leaving ₹1.31 Cr unused. Working capital allocation decreased slightly to ₹7.85 Cr, with ₹6.30 Cr still unutilized. Debt prepayment of ₹0.96 Cr is fully utilized. General corporate purposes reduced to ₹2.03 Cr, yet to be used. IPO expenses are nearly fully spent (~₹1.87 Cr). A new ₹5.07 Cr allocation was added for a strategic aviation acquisition to boost market presence and growth.
No comments yet. Be the first to comment!
