Quarterly Updates13 Nov 2026, 07:12 pm
Innovision Ltd: IPO Proceeds Utilization Report for Q2 FY27
AI Summary
Innovision Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as per SEBI regulations. CRISIL Ratings Limited, the monitoring agency, has reviewed the utilization of the company's Initial Public Offer (IPO) proceeds. The report, reviewed by the Audit Committee, indicates no deviation from the IPO's stated objects. The IPO, which occurred between March 10-17, 2026, raised ₹3,192.52 million, with net proceeds of ₹2,097.99 million after issue expenses, specifically for monitoring by CRISIL.
Key Highlights
- Monitoring Agency Report for Q2 FY27 submitted.
- CRISIL Ratings reviewed IPO proceeds utilization.
- No deviation from IPO objects reported.
- Audit Committee reviewed the report.
- IPO raised ₹3,192.52 million.
Price Impact
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