statement of deviation for the quarter ended march 31, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Methodhub Software Limited filed a quarterly statement confirming no deviation or variation in the utilization of IPO proceeds. The company raised ₹102.49 crore via IPO in December 2025 (₹87.50 crore fresh issue + ₹14.99 crore offer for sale). After deducting ₹14.30 crore in issue expenses, net proceeds of ₹87.49 crore are available for deployment. As of March 31, 2026, ₹55.43 crore has been utilized with no deviations reported. The monitoring agency is Brickwork Ratings India Private Limited. The audit committee and auditors both confirmed no comments on the utilization.
The company is deploying IPO funds as planned with no deviations reported, indicating orderly use of proceeds. ₹32.06 crore remains undeployed and will be utilized in future quarters as per the prospectus objects.