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Orient Technologies' recent monitoring report on its Rs. 120 crore IPO proceeds highlights key updates. The company had a 44-day delay in acquiring its Navi Mumbai office, now completed. Significant portions for capital expenditure and general corporate purposes remain unutilized, leading to a shareholder-approved extension of deployment timelines to FY26. Notably, issue expenses included GST payments, not aligned with the original prospectus, and a portion of general corporate funds was used for working capital, approved by the Board. Approximately Rs. 80.44 crore of IPO funds are currently deployed in fixed deposits.