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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gabion Technologies India Ltd has filed a statement confirming there are no deviations or variations in the use of IPO proceeds for the half year and year ended March 31, 2026. The company raised Rs. 2916.00 lakh through its IPO (listed on BSE on January 9/13, 2026). Of this, Rs. 2211.00 lakh was fully used for working capital and Rs. 299.72 lakh for general corporate purposes, both fully utilized. Capital expenditure for plant and machinery (Rs. 105.67 lakh) remains entirely unutilized, and public issue expenses (Rs. 299.61 lakh) were nearly fully deployed with only Rs. 0.94 lakh remaining. Total unutilized amount stands at Rs. 106.61 lakh. An auditor's certificate from Vipin Aggarwal Kudsia & Associates confirms that funds were deployed in line with the prospectus objects and no proceeds were temporarily invested, advanced, or diverted to other purposes.
No deviation is a positive signal for investors, indicating the company is on track with its stated IPO objectives. The unutilized capital expenditure portion (Rs. 105.67 lakh) suggests planned machinery purchases are pending, which investors should monitor in future filings.