Juniper Hotels Limited — Others, 13-08-2025: Monitoring Agency Report
13-08-2025 | 04:41 pm
13-08-2025 | 04:41 pm
Juniper Hotels' latest IPO proceeds monitoring report for the quarter ended June 30, 2025, shows no deviation from its stated objectives. Out of the Rs. 1800 Cr IPO, Rs. 1500 Cr has been used for debt repayment and Rs. 77.16 Cr for general corporate purposes. Importantly, no fresh utilization of IPO funds occurred during this specific quarter. The remaining Rs. 155.92 Cr is held in fixed deposits. While the debt repayment objective is complete, it experienced a delay, and the general corporate purpose utilization is still ongoing beyond its original schedule.
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