One Mobikwik Systems Limited — Others, 01-08-2025: Monitoring Agency Report

One MobiKwik Systems has received its Monitoring Agency Report for the quarter ended June 30, 2025, concerning its Rs. 572 crore IPO proceeds. The report confirms no deviation from the stated objectives for the funds. As of June 30, 2025, the company has utilized Rs. 214 crore, with Rs. 358 crore remaining unutilized. The unutilized funds are primarily held in Fixed Deposits (Rs. 315 crore), with smaller amounts in monitoring and public issue accounts. The company reported losses in FY2025 due to industry and regulatory changes, and a minor delay in fully utilizing funds for General Corporate Purposes was noted, which may be rolled over.