R K Swamy Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
RKSWAMY · price
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Awaiting price reaction for this filing.
R K Swamy Limited has confirmed to the stock exchanges that there is no deviation or variation in the use of its IPO proceeds from the objects stated in the prospectus dated March 6, 2024. The company raised Rs. 4,235.60 million through its IPO in March 2024 (Rs. 1,730 million fresh issue + Rs. 2,505.60 million offer for sale). Out of Rs. 1,563.25 million allocated across purposes, Rs. 1,017.41 million has been utilised so far. During the June 2025 quarter, Rs. 114.79 million was deployed — Rs. 49.60 million towards IT infrastructure and Rs. 65.19 million for setting up new CEC and CATI facilities. Working capital and general corporate purposes allocations were fully utilised in earlier quarters, while no spending occurred on the DVCP Studio in this quarter. CRISIL Ratings is the monitoring agency and the audit committee has no comments.
This is a routine compliance filing confirming IPO funds are being used as promised, which is mildly positive for investor confidence. No material red flags — the company still has unutilised IPO money (~Rs. 546 million) earmarked for capex, suggesting pending investments ahead.