Regulatory12 Aug 2026, 04:52 pm
Susan Electricals India Ltd: Monitoring Agency Report for IPO Fund Utilization
AI Summary
Susan Electricals India Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by Brickwork Rating India Private Limited. The report, in accordance with SEBI regulations, details the utilization of funds raised through its Initial Public Offer (IPO). The company raised ₹70.38 Crore via a Fresh Issue and Offer for Sale of equity shares. The report confirms no deviation from the stated objects for fund utilization. This information is also available on the company's website.
Key Highlights
- Monitoring Agency Report submitted for Q2 2026.
- Report covers utilization of IPO funds raised via Fresh Issue & Offer for Sale.
- Total funds raised amounted to ₹70.38 Crore.
- Brickwork Ratings confirms no deviation in fund utilization.
- Report filed as per SEBI (ICDR) Regulations, 2018.
Price Impact
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