Chemkart India Ltd — Important, 14-08-2026: Company Update

Chemkart India Limited has submitted its IPO fund utilization report for the quarter ended June 30, 2026. The company raised Rs 80.08 Crore through its IPO. The report highlights that fund utilization deviated from its offer document in two areas. An additional Rs 0.29 Crore was spent on Offer for Sale expenses, and General Corporate Purpose funds saw an over-utilization of Rs 1.24 Crore, covered by investment income. The company continues progress on its manufacturing facility capex. Debt repayment of Rs 20 Crore is complete, and unutilized proceeds are strategically invested.