Regulatory15 May 2026, 03:16 pm
Ellenbarrie Gases: Monitoring Report for Quarter Ended March 2026
AI Summary
Ellenbarrie Industrial Gases Ltd has submitted a Monitoring Agency Report by CRISIL Ratings Limited for the quarter ended March 31, 2026, regarding the utilization of IPO proceeds. The report, dated May 15, 2026, confirms that there were no deviations from the stated objectives of the IPO. The IPO, which took place from June 24-26, 2025, raised ₹8,525.25 million, including a fresh issue of ₹4,000 million. Crisil Ratings monitored the gross proceeds from the fresh issue.
Key Highlights
- Ellenbarrie Gases reports no deviation from IPO objectives for Q1 2026.
- CRISIL Ratings issued the Monitoring Agency Report on May 15, 2026.
- The IPO raised ₹8,525.25 million, with ₹4,000 million from fresh issue.
- Crisil Ratings monitored the gross proceeds from the fresh issue of IPO.
- The report is in compliance with SEBI regulations regarding IPO fund utilization.
Price Impact
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