Monitoring Agency Report for the Quarter ended March 31, 2026
INNOVISION · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Innovision Limited filed its first post-IPO monitoring report for Q4 FY26 (ended March 31, 2026), issued by CRISIL Ratings Limited. The company raised Rs 3,192.52 crore via IPO in March 2026 (fresh issue Rs 2,550 crore + OFS Rs 642.52 crore). Of the net proceeds of Rs 2,097.99 crore, Rs 950.19 crore has been utilized so far. The full Rs 510 crore allocated for debt repayment was deployed during the quarter, while working capital (Rs 1,190 crore) and general corporate purposes (Rs 397.99 crore) remain largely unused. Only Rs 118 was spent on bank charges under GCP. The unutilized Rs 1,599.81 crore is parked in fixed deposits with Yes Bank (Rs 1,000 crore), HDFC Bank (Rs 250 crore), plus balances in monitoring and public offer accounts. No deviations from the disclosed objects were reported.
The report shows healthy IPO fund utilization with debt repayment completed as planned. The large unutilized balance is expected since the IPO closed just before fiscal year-end. Working capital and GCP funds are expected to be deployed in subsequent periods, which is normal for newly listed companies.