- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Monika Alcobev Limited received a Monitoring Agency Report from Acuité Ratings & Research for the quarter and half-year ended September 30, 2025, concerning its IPO proceeds utilization. The report confirms no deviation from the stated objects of the IPO. Out of INR 119.86 Crore net IPO proceeds, the company utilized INR 89.20 Crore for funding working capital (INR 71.07 Crore), repaying borrowings (INR 11.45 Crore), and general corporate expenses (INR 6.68 Crore). The remaining INR 30.66 Crore is held in fixed deposits (INR 15.99 Crore) and various bank accounts. This provides transparency on fund usage for shareholders.