Quarterly Updates13 May 2026, 06:11 pm
Shree Ram Twistex Monitoring Report for March 2026
AI Summary
Shree Ram Twistex Ltd has released a Monitoring Agency Report by CRISIL Ratings Limited for the quarter and year ended March 31, 2026, concerning the utilization of proceeds from its Initial Public Offer (IPO). The report, in compliance with SEBI regulations, confirms no deviations from the IPO's stated objectives. Gross proceeds from the IPO were ₹11,024.00 lakh, with net proceeds of ₹10,523.55 lakh after deducting offer expenses of ₹500.45 lakh.
Key Highlights
- CRISIL Ratings Limited issued a monitoring report for Shree Ram Twistex's IPO proceeds.
- The report confirms compliance with SEBI regulations regarding IPO fund utilization.
- No deviations were noted from the stated objectives of the IPO.
- Gross IPO proceeds were ₹11,024.00 lakh, with ₹10,523.55 lakh net proceeds.
- The monitoring agency confirms no conflict of interest in monitoring the IPO proceeds.
Price Impact
More from SRTL