Regulatory30 May 2026, 09:51 pm
Nilachal Carbo Metalicks: IPO Fund Utilization as of March 2026
AI Summary
Nilachal Carbo Metalicks Ltd reports on the utilization of funds raised through its Initial Public Offer (IPO) as of March 31, 2026, in compliance with SEBI regulations. The IPO raised ₹22.10 Crore. Funds were allocated for capital expenditure, working capital, and general corporate purposes. There are deviations in the utilization of funds, with ₹762.13 Lakhs remaining unutilized for capital expenditure and ₹419.78 Lakhs in a designated escrow account.
Key Highlights
- Nilachal Carbo Metalicks raised ₹22.10 Crore through its IPO on September 16, 2025.
- ₹887.18 Lakhs utilized for Coke Oven Plant expansion against an original allocation of ₹1649.31 Lakhs.
- ₹342.35 Lakhs deployed towards working capital, intended for general purposes.
- ₹762.13 Lakhs remains unutilized for capital expenditure.
- ₹419.78 Lakhs balance remains in designated Escrow account.
Price Impact
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