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    ALPHA TRIBE

    Inspire Films Limited — Results, 15-07-2025: Reply to Clarification- Financial results

    15-07-2025 | 01:00 pm

    Inspire Films has successfully utilized all Rs 21.23 crore raised from its Initial Public Offering (IPO) by March 31, 2024. The company issued 35.98 lakh shares at Rs 59 each in October 2023.

    Here's the breakdown of how the IPO funds were deployed:

    * **Working Capital:** The company spent Rs 13.47 crore, which is Rs 0.49 crore more than the initially planned Rs 12.98 crore.

    * **General Corporate Purposes:** Rs 5.06 crore was utilized precisely as planned in the offer document.

    * **Issue Expenses:** These came in lower than expected at Rs 2.70 crore, compared to the planned Rs 3.19 crore, saving Rs 0.49 crore.

    The Rs 0.49 crore saved from issue expenses was strategically reallocated to bolster working capital, demonstrating effective financial management. This ensures funds are fully deployed towards company growth.

    #InspireFilms #IPOUpdate #FundUtilization #GrowthStory

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