- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
IKIO Technologies' IPO proceeds utilization report for Q1 FY26 confirms no deviation from stated objectives. CRISIL Ratings' monitoring shows that of the Rs 326.14 Cr net proceeds, Rs 50.00 Cr for borrowings repayment is fully utilized. Investment in the new Noida facility has reached Rs 131.47 Cr to date, including Rs 9.58 Cr spent this quarter, with Rs 80.84 Cr remaining. Most of the General Corporate Purposes funds, Rs 63.78 Cr, have also been utilized. The remaining Rs 80.89 Cr of unutilized funds are primarily held in fixed deposits. The board has approved utilizing Rs 70.00 Cr for FY26. This provides transparency on fund management for future growth.