Quarterly Updates15 May 2026, 03:34 pm
Enviro Infra Engineers: Monitoring Report for Mar 2026
AI Summary
Enviro Infra Engineers Ltd. has released a Monitoring Agency Report by CRISIL Ratings Limited for the quarter ended March 31, 2026, concerning the utilization of IPO proceeds. The report, dated May 15, 2026, confirms no deviations from the IPO's stated objectives. The IPO, which occurred from November 22 to November 26, 2024, raised ₹65,030.04 lakhs, including a fresh issue of ₹57,234.96 lakhs. Net proceeds after issue expenses were ₹51,727.25 lakhs. As of March 31, 2026, ₹5,381.39 lakhs has been spent on issue expenses, with the remaining ₹126.32 lakhs in fixed deposits.
Key Highlights
- CRISIL Ratings issued a monitoring report for Enviro Infra Engineers' IPO proceeds utilization.
- No deviations reported from the IPO's objectives for the quarter ended March 31, 2026.
- IPO raised ₹65,030.04 lakhs, with ₹51,727.25 lakhs in net proceeds after expenses.
- ₹5,381.39 lakhs spent on issue expenses; ₹126.32 lakhs remains in fixed deposits as of March 31, 2026.
Price Impact
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