Regulatory11 Aug 2026, 03:58 pm
Interarch Building Solutions: IPO Proceeds Monitoring Report Filed
AI Summary
Interarch Building Solutions Ltd has submitted the Monitoring Agency Report for the quarter ended June 30, 2026, as required by SEBI regulations. The report, issued by CRISIL Ratings Limited, confirms that the utilization of IPO proceeds is in line with the objects disclosed in the Offer Document. The company's Initial Public Offer (IPO) raised ₹2,000.00 million in gross proceeds, with net proceeds of ₹1,880.98 million after deducting issue expenses. The proceeds are being utilized for financing capital expenditure and IT assets.
Key Highlights
- Monitoring Agency Report for Q2 2026 filed by Interarch Building Solutions.
- CRISIL Ratings confirms no deviation in IPO proceeds utilization.
- IPO gross proceeds were ₹2,000 million, net proceeds ₹1,880.98 million.
- Funds are allocated to capital expenditure and IT assets.
- Report submitted as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Price Impact
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