BSEMother Nutri Foods LtdMinimalNeutral
Announced Sat, 30 May · 23:20 IST

Statement of Utilisation of Fund

Price

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₹165.00
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AI summary

Mother Nutri Foods Limited has filed its quarterly statement of fund utilisation for IPO proceeds raised on December 1, 2025. The company raised Rs. 31.67 crore (Rs. 3167.42 Lakhs) through its Initial Public Offer. As of March 31, 2026, only Rs. 7.04 crore (704.25 Lakhs) has been utilised, leaving Rs. 24.63 crore (2463.17 Lakhs) unutilised. The largest allocation of Rs. 23.19 crore for setting up a new manufacturing facility at Mahuva, Gujarat remains completely unutilised. General corporate purpose (Rs. 14.64 crore used) and public issue expenses (Rs. 2.40 crore used) are the only categories with utilisation. The unutilised funds are deposited in SBI Term Deposits and HDFC Bank CC account. The company confirms no deviation in fund utilisation from the prospectus objects.

Likely market impact

Shareholders can take comfort that IPO funds are being deployed as per the disclosed objects with no deviation. However, the significant unutilised balance (77.8% of proceeds) and zero utilisation on the manufacturing facility indicates a slow deployment pace, which investors may want to monitor for future capital deployment timelines.