StockWatch
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Industrial Products
Regulatory13 Aug 2026, 06:21 pm

JNK India Ltd: Monitoring Agency Report for IPO Proceeds Q4 FY26

AI Summary

JNK India Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from its Initial Public Offer (IPO). The report, dated August 13, 2026, was issued by CRISIL Ratings Limited. The company confirms that the utilization of IPO proceeds is in line with the objects disclosed in the Offer Document, with no deviations reported. The net proceeds of the IPO were revised to ₹2,816.99 million due to higher actual issue expenses, adjusted against the 'Working Capital Requirements' object. The disclosure will also be hosted on the company's website.

Key Highlights

  • Monitoring Agency Report for IPO proceeds submitted for Q4 FY26.
  • CRISIL Ratings confirms utilization aligns with IPO objects.
  • No deviation from IPO objects reported.
  • Net IPO proceeds revised to ₹2,816.99 million.
  • Report available on company website.