Monthly Update6 Feb 2026, 12:01 pm
Ellenbarrie Industrial Gases Limited Submits Monitoring Agency Report for IPO Proceeds Utilization
AI Summary
Ellenbarrie Industrial Gases Limited has submitted a Monitoring Agency Report issued by CRISIL Ratings Limited for the quarter ended December 31, 2025. The report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue. The company has utilized the proceeds towards setting up of an air separation unit as per the disclosures in the Offer Document and GCP. Crisil Ratings shall be monitoring the gross proceeds from the fresh issue.
Key Highlights
- Ellenbarrie Industrial Gases Limited has submitted a Monitoring Agency Report for the quarter ended December 31, 2025.
- The report was issued by CRISIL Ratings Limited, the Monitoring Agency.
- The proceeds were utilized towards setting up of an air separation unit.
- Crisil Ratings shall be monitoring the gross proceeds from the fresh issue.
- The report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue.
Price Impact
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