ALPHA TRIBE

Avi Ansh Textile LimitedImportant, 09-06-2025: Updates

09-06-2025 | 04:27 pm

Avi Ansh Textile has deployed ₹13.73 Cr of its IPO funds towards working capital out of ₹20.12 Cr allocated. It repaid ₹3.84 Cr of term loans close to its target, with ₹0.11 Cr pending due to pre-closure charges and ongoing settlement talks. The company fully used ₹0.55 Cr for corporate purposes and ₹1.37 Cr on IPO expenses. Total utilization stands at ₹19.49 Cr, leaving ₹6.50 Cr of IPO proceeds unutilized, indicating disciplined fund management with a focus on debt reduction and operational needs.

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