Roopa Screen: IPO fund utilization report filed

Roopa Screen Limited has filed its Statement of Deviation/Variation in utilization of funds raised through its Initial Public Offer (IPO) for the half-year ended September 30, 2026. The company raised Rs. 1920.00 Lakhs (₹19.20 Crore) through the IPO on September 29, 2026. The Audit Committee reviewed the statement on November 02, 2026, and noted no deviation or variation in the utilization of IPO proceeds from the objects stated in the Prospectus. The funds were allocated towards capital expenditure for a new manufacturing facility, working capital requirements, general corporate purposes, and issue-related expenses.