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Netweb Technologies India LimitedOthers, 06-08-2025: Monitoring Agency Report

06-08-2025 | 12:28 pm

Netweb Technologies has received the final Monitoring Agency Report for its IPO proceeds, confirming full utilization of the Rs 194.1 crore raised. The report for the quarter ending June 30, 2025, states all funds were deployed as per the offer document, with no significant deviations or delays. A minor portion of Rs 0.074 crore was re-allocated to General Corporate Purposes due to lower issue expenses, used for working capital. This follows a previous reallocation of Rs 11.31 crore to GCP from capital expenditure. This final report assures investors that all IPO funds are now actively deployed in the business.

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