StockWatch
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Industrial Products
Quarterly Updates15 May 2026, 08:31 pm

Airfloa Rail Tech: Monitoring Report for Qtr Ended March 2026

AI Summary

Airfloa Rail Technology Ltd has released a monitoring agency report for the quarter ended March 31, 2026, as per SEBI regulations. The report indicates that the utilization of funds raised through the IPO is in line with the disclosures in the offer document. As of March 31, 2026, the balance in the public issue account stands at ₹20.51 lakhs and the monitoring account balance is ₹376.97 lakhs. There has been no revision in the cost of the objects during the reported quarter.

Key Highlights

  • IPO fund utilization is aligned with offer document disclosures.
  • ₹176.71 lakhs transferred to current account for working capital during the quarter.
  • Public issue account balance: ₹20.51 lakhs as of March 31, 2026.
  • Monitoring account balance: ₹376.97 lakhs as of March 31, 2026.
  • No revision in the cost of objects during the reported quarter.