
Regulatory28 May 2026, 09:07 pm
Rachit Prints: No Deviation in IPO Fund Utilization for H2 FY26
AI Summary
Rachit Prints Limited has confirmed no deviations or variations in the utilization of its Initial Public Offer (IPO) proceeds for the half-year ended March 31, 2026, as per Regulation 32 of SEBI (LODR) Regulations. The utilization aligns with the prospectus dated September 4, 2025. Out of the net IPO proceeds of ₹1,800.51 Lakhs, ₹1,360.51 Lakhs have been utilized for working capital, expansion (capital expenditure), and partial pre-payment of term loans. The unutilized amount of ₹440.00 Lakhs as of May 28, 2026, has been temporarily deployed in fixed deposits. The Audit Committee and Board reviewed and took note of this disclosure.
Key Highlights
- No deviation in IPO fund utilization for H2 FY26.
- ₹1,360.51 Lakhs of IPO proceeds utilized by March 31, 2026.
- Unutilized ₹440.00 Lakhs temporarily deployed in fixed deposits.
- Funds used for working capital, expansion, and loan pre-payment.
- Disclosure reviewed by Audit Committee and Board on May 28, 2026.
Price Impact
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