Announced Mon, 29 Jun · 11:33 IST
Revised IPO fund use statement with deviation in office premises spending
Fund Raising View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.0%1-day move
₹40.00
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-5.0+6.2———-5.3-4.2———
Up moveDown movePending
AI summary
iCodex Publishing Solutions filed a revised deviation statement for IPO proceeds (raised 42.03 crore in August 2025). Of 16.69 crore allocated for new office premises, 1.34 crore was spent on interior works instead. Company says this is incidental to the acquisition and is seeking shareholder ratification. Original filing on June 15 had typos in amounts utilized.
Likely market impact
Minor IPO fund use deviation being ratified; unlikely to materially impact stock but reflects need for closer fund deployment tracking.