Statement of Deviations and variations of funds raised through public issue (IPO) under Reg 32(1) if SEBI (LODR) Regulations 2015 as on March 31, 2026 pursuant to allotment of equity shares ....
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Broach Lifecare Hospital Limited has filed its statement of fund utilisation for the IPO proceeds as of March 31, 2026. The company raised Rs. 402 lakhs through its Initial Public Offer (IPO) on August 19, 2024. No deviation or variation in the use of IPO funds has been reported. Out of the Rs. 262.45 lakhs allocated for purchase of medical equipment, Rs. 194.95 lakhs has been utilised so far. The medical tourism portal development (web software) has seen Rs. 48 lakhs utilised out of Rs. 75 lakhs allocated. General corporate purposes (Rs. 19.55 lakhs) and issue-related expenses (Rs. 45 lakhs) have been fully utilised. Both the Audit Committee and auditors have stated nil comments, indicating a clean utilisation report.
No deviation reported means the IPO funds are being deployed largely as per the disclosed objects. The ongoing utilisation of medical equipment and portal development suggests the company is progressing on its stated plans, which is a positive indicator for investors.