Monitoring Agency Report for the Qtr-31.12.2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Airfloa Rail Technology has submitted its IPO Monitoring Agency Report for the quarter ended December 31, 2025, prepared by CRISIL Ratings. The company raised Rs. 8,884.80 lakh as net proceeds from its IPO (held September 11–15, 2025). As of December 31, 2025, Rs. 7,631.39 lakh (about 86%) has been utilized, with Rs. 1,253.41 lakh remaining unutilized. The full Rs. 600 lakh allocated for loan repayment and Rs. 990 lakh for general corporate purposes have been deployed. Working capital funds of Rs. 5,927.02 lakh are fully used. Only Rs. 114.37 lakh of the Rs. 1,367.78 lakh earmarked for machinery purchase has been spent so far (used as advance payment). Unutilized funds are parked in Axis Bank fixed deposits earning 3.75% and in monitoring/public issue accounts. CRISIL confirmed no deviation from the stated objects and no delays.
This is a routine compliance update showing IPO funds are being used as planned. Positive for shareholders: borrowings fully repaid and working capital fully deployed. Watch item: machinery capex is moving slowly — Rs. 1,253.41 lakh remains parked in FDs, which may draw investor questions on execution pace.