OnEMI Technology Solutions IPO Fund Utilization Report Q3 2026
OnEMI Technology Solutions Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, detailing the utilization of funds raised through its Initial Public Offer (IPO). The report, issued by CRISIL Ratings Limited, confirms that the IPO proceeds of ₹7,940.85 million (net of issue expenses) were utilized towards augmenting the subsidiary's capital base, general corporate purposes, and covering issue expenses. CRISIL Ratings has stated that there were no deviations from the objects disclosed in the Offer Document. The report is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Key Highlights
- IPO funds utilized for subsidiary capital, general corporate purposes, and expenses.
- No deviation from IPO fund utilization objects reported.
- CRISIL Ratings issued the monitoring report for Q3 2026.
- Report complies with SEBI regulations.
- Net IPO proceeds amounted to ₹7,940.85 million.
Price Impact
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