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Astron Multigrain Limited has filed its half-yearly utilization report for funds raised through its IPO. The company raised Rs. 18.40 crore via public issue on 4th December 2025. As of 31st March 2026, Rs. 15.30 crore (83%) has been utilized across five objectives: capital expenditure fully utilized at Rs. 4.46 crore, working capital at Rs. 3.81 crore of Rs. 5.65 crore allocated, general corporate purposes at Rs. 1.40 crore of Rs. 2.14 crore allocated, issue expenses at Rs. 1.98 crore of Rs. 2.50 crore allocated, and offer for sale fully utilized at Rs. 3.65 crore. Rs. 3.10 crore remains unutilized. The statutory auditor Piyush Kothari & Associates has certified that there is no deviation in fund utilization from the disclosed objects in the prospectus.
No deviation detected — the fund utilization follows the prospectus objects as expected. The Rs. 3.10 crore unutilized balance for working capital and general corporate purposes is likely held pending deployment, which is normal for recently listed companies.