No deviation in IPO fund use; Rs 64.3 cr utilised of Rs 87.49 cr net proceeds
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Methodhub Software confirms no deviation in IPO fund use for Q1 FY27 (quarter ended June 30, 2026). Raised Rs 102.49 cr in Dec 2025 (Rs 87.50 cr fresh + Rs 14.99 cr OFS); net proceeds Rs 87.49 cr. Of this, Rs 64.3 cr utilised: Rs 13.6 cr for loan repayment (full), Rs 13.5 cr for working capital (of Rs 25 cr planned), Rs 4 cr for US subsidiary (full), Rs 18.97 cr for acquisitions (of Rs 30.59 cr planned), and Rs 14.23 cr for issue expenses. Brickwork Ratings is the monitoring agency. Audit Committee reviewed and approved with no comments.
Routine compliance filing confirms IPO funds used as planned. No negative signal; about 26 percent of net proceeds still unutilised for acquisitions and working capital.