StockWatch
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Industrial Products
Regulatory4 Aug 2026, 04:15 pm

Epack Prefab IPO Proceeds Utilization Report Filed

AI Summary

Epack Prefab Technologies Ltd has filed its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of its Initial Public Offer (IPO) proceeds. The report, issued by CARE Ratings Limited, indicates no deviation from the IPO's stated objects. However, it notes a comingling of funds due to usage from the current account, a recurring observation from previous quarters. The company utilized ₹21.44 crores during Q1FY27, with ₹6.49 crores drawn from the current account. CARE Ratings relied on management and CA certificates for verification. The company will also host this information on its investor relations website.

Key Highlights

  • Monitoring Agency Report for IPO proceeds filed for Q1FY27.
  • No deviation from IPO objects reported by CARE Ratings.
  • Comingling of funds noted due to current account usage.
  • ₹21.44 crores utilized in Q1FY27.
  • Information to be hosted on the company's investor website.