Statement on Deviation or Variation of Funds for the Quarter Ended As on 31 December, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Exato Technologies has confirmed there is no deviation or variation in the use of its IPO proceeds for the quarter ended 31 December 2025. The company raised Rs. 3,430 lakhs through its IPO on 3 December 2025 (including Rs. 245 lakhs from pre-IPO placement). Of this, Rs. 721.07 lakhs has been utilized so far, while Rs. 2,708.93 lakhs remains unutilized. Working capital requirements (Rs. 1,572.70 lakhs), product development (Rs. 680 lakhs), debt repayment (Rs. 253.33 lakhs), and issue expenses (Rs. 455.53 lakhs) have been fully deployed. Only Rs. 12.21 lakhs of the Rs. 468.44 lakhs earmarked for general corporate purposes has been used. The unutilized amount of Rs. 2,000 lakhs has been parked in fixed deposits with banks. The auditor (Arora Prem & Associates) has certified the utilization statement.
This is a routine regulatory compliance filing with no negative news — funds are being used as planned and the unutilized portion is safely parked in bank fixed deposits. Since the IPO was very recent (December 2025), most of the deployment is still pending and should play out over the coming quarters.