Announced Thu, 23 Jul · 18:41 IST
IPO Monitoring Agency Report for quarter ended June 2026
Fund Raising View source PDF
IGIL · 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
-5.2%1-day move
₹347.25
prior close
₹350.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.4-4.4-5.7-5.1-5.2—————————
Up moveDown movePending
AI summary
ICRA submitted its Monitoring Agency Report for IGI's IPO proceeds of Rs 1,409.74 crore raised in December 2024. No deviation found; utilization is in line with the offer document. The Rs 1,300 crore acquisition of IGI Belgium and IGI Netherlands Groups from the promoter is completed. General corporate purposes of Rs 109.74 crore has been fully deployed across vendors, statutory dues, and salaries. Only Rs 3.54 crore remains unutilized in the escrow account.
Likely market impact
No deviations in IPO fund usage. Acquisition completed and GCP funds fully deployed. Neutral to positive signal on fund management discipline.