Chatterbox Technologies: No Deviation in IPO Fund Use for Q2 FY27
Chatterbox Technologies Ltd has filed its statement of deviation and variation for the quarter ended September 30, 2026, regarding the utilization of funds raised through its Initial Public Offer (IPO). The company reported that there was no deviation or variation in the use of funds raised via public issues, which amounted to ₹42.86 Crores. The funds were raised between September 25-29, 2025. The statement was reviewed by the Audit Committee on November 6, 2026, and no comments were provided by the committee or the auditors. While there were minor delays in certain capital expenditure projects, such as manpower enhancement and office setup, these did not constitute a material deviation from the original objects as per the prospectus. The monitoring agency for the IPO funds is Acuite Ratings and Research Limited.
Key Highlights
- No deviation reported in IPO fund utilization for Q2 FY27.
- Total IPO funds raised were ₹42.86 Crores.
- Audit Committee reviewed the statement and found no issues.
- Minor project delays did not result in material fund diversion.
- Acuite Ratings and Research Limited is the monitoring agency.
Price Impact
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