Regulatory5 Aug 2026, 04:13 pm
Tipco Engineering IPO Proceeds Monitored by CARE Ratings
AI Summary
Tipco Engineering India Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by CARE Ratings Limited. This report pertains to the utilization of gross proceeds from the company's Initial Public Offer (IPO). The report confirms nil deviation from the IPO's stated objects. The total IPO amount aggregated to ₹48.49 crore. The company has also made this information available on its website.
Key Highlights
- Monitoring Agency Report for IPO proceeds submitted for Q2 2026.
- CARE Ratings Limited is the monitoring agency.
- No deviation reported in the utilization of IPO proceeds.
- Total IPO amount was ₹48.49 crore.
- Report covers utilization of funds for the quarter ended June 30, 2026.
Price Impact
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