
Corporate Governance3 Nov 2026, 11:21 pm
Robokidz Eduventures: No IPO Fund Deviation for H1 FY27
AI Summary
Robokidz Eduventures Limited has filed a Statement of Deviation & Variation for the half-year ended September 30, 2026. The company reported no deviations or variations in the utilization of funds raised through its Initial Public Offer (IPO). The total amount raised was ₹3,108.77 Lacs (₹31.09 Crore). Funds were allocated for working capital requirements (₹2,345.73 Lacs), repayment of outstanding borrowings (₹220.00 Lacs), general corporate purposes, and issue expenses. The unutilized amounts are held in escrow and current accounts. The auditor's certificate confirms the statement's agreement with financial results and records.
Key Highlights
- No deviation in IPO fund utilization for H1 FY27.
- Total IPO funds raised: ₹3,108.77 Lacs (₹31.09 Crore).
- Funds utilized for working capital and debt repayment.
- Unutilized funds are held in escrow and current accounts.
- Auditor confirms compliance with fund utilization.
Price Impact
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