Sunsky Logistics IPO Fund Utilization: No Deviation Reported
Sunsky Logistics Limited has filed its half-yearly statement on the utilization of funds raised through its Initial Public Offer (IPO) for the period ending September 30, 2026. The company raised ₹1683.60 Lakhs (₹16.84 Crore) on October 6, 2025. The funds were allocated to the purchase of flatbed trailers (₹642.31 Lakhs), prepayment of borrowings (₹350.00 Lakhs), working capital requirements (₹275.00 Lakhs), general corporate purposes (₹251.86 Lakhs), and public issue-related expenses (₹164.43 Lakhs). The filing indicates no deviation or variation in the utilization of these funds as per the original objects disclosed in the offer document. The auditors and audit committee have reviewed and confirmed the utilization.
Key Highlights
- No deviation reported in IPO fund utilization for the half-year ended Sep 30, 2026.
- Total IPO funds raised: ₹1683.60 Lakhs (₹16.84 Crore).
- Funds utilized across trailers, debt prepayment, working capital, and corporate purposes.
- Auditors and Audit Committee have reviewed and confirmed fund utilization.
- Filing is in compliance with SEBI (LODR) Regulations, 2015.
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