Regulatory12 Aug 2026, 06:00 pm
Enviro Infra Engineers IPO Proceeds Utilized
AI Summary
Enviro Infra Engineers Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of its Initial Public Offer (IPO) proceeds. The report, issued by CRISIL RATINGS LIMITED, confirms that the utilization of funds is in line with the objects of the issue, with no deviations reported. As of the quarter-end, the company has spent ₹5,381.39 lakhs out of the total issue expenses of ₹5,507.71 lakhs, with the remaining ₹126.32 lakhs parked in fixed deposits. The report covers the utilization of gross proceeds from the fresh issue amounting to ₹57,234.96 lakhs.
Key Highlights
- Monitoring Agency Report for IPO proceeds utilization submitted.
- No deviations reported in the utilization of IPO funds.
- ₹5,381.39 lakhs spent on issue expenses as of June 30, 2026.
- Remaining ₹126.32 lakhs of issue expenses held in fixed deposits.
- Report covers utilization of IPO gross proceeds of ₹57,234.96 lakhs.
Price Impact
More from EIEL