Announcemnet under Regulation 30 (LODR) - Monitoring Agency Report
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Anand Rathi Share and Stock Brokers Limited has filed the final Monitoring Agency Report for its IPO proceeds with Crisil Ratings Limited confirming full utilization of Rs 7,450 million raised through the IPO completed on September 30, 2025. The funds were deployed as follows: Rs 5,500 million towards long-term working capital requirements (fully utilized), Rs 1,539.35 million for general corporate purposes (fully utilized), and Rs 410.65 million for issue expenses (actual vs estimated Rs 415 million, saving Rs 4.35 million added to GCP). No deviations from the stated objects of the issue were observed, and no delays were reported in fund deployment. This is the final monitoring report as all IPO proceeds have been fully deployed.
The clean utilization report with no deviations or delays signals proper fund deployment post-IPO, which is a positive indicator for investors regarding management's execution of stated objectives. The full utilization of working capital funds suggests the company is actively deploying capital for growth in its stock broking operations.