Regulatory28 Jul 2026, 03:30 pm
Fabtech Technologies: IPO Proceeds Utilization Report for Q1 FY27
AI Summary
Fabtech Technologies 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 is in line with the objects of the issue, with no deviation reported. The company raised gross proceeds of ₹23,029.65 lakhs, with net proceeds of ₹20,752.02 lakhs after accounting for issue expenses. The report is available on the company's website and has been submitted to the stock exchanges for record.
Key Highlights
- Monitoring Agency Report for IPO proceeds utilization filed for Q1 FY27.
- CRISIL Ratings confirms no deviation in IPO fund utilization.
- Gross IPO proceeds were ₹23,029.65 lakhs.
- Net proceeds after expenses amounted to ₹20,752.02 lakhs.
- Report available on company website and submitted to exchanges.
Price Impact
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