Regulatory29 Jul 2026, 09:30 pm
OnEMI Technology Solutions IPO Fund Utilization Report for Q1 FY27
AI Summary
OnEMI Technology Solutions Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of funds raised through its Initial Public Offer (IPO). The report, issued by CRISIL Ratings Limited, confirms that the utilization of IPO proceeds is in line with the disclosures made. No deviations from the IPO objects were reported for the specified quarter. The IPO, which concluded on May 5, 2026, raised gross proceeds of ₹8,500 million, with net proceeds amounting to ₹7,940.85 million after accounting for issue expenses.
Key Highlights
- Monitoring Agency Report submitted for Q1 FY27 IPO fund utilization.
- CRISIL Ratings confirms utilization is as per IPO disclosures.
- No deviations reported from the objects of the issue.
- IPO raised ₹8,500 million in gross proceeds.
- Net proceeds after expenses were ₹7,940.85 million.
Price Impact
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