Report of the Monitoring Agency for quarter ended June 30, 2025.
RKSWAMY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
R K Swamy Limited has filed the Monitoring Agency Report issued by Crisil Ratings for the quarter ended June 30, 2025, covering use of its IPO proceeds. The IPO (held March 4–6, 2024) raised Rs. 1,730 million gross, with net proceeds of Rs. 1,563.25 million earmarked for working capital (Rs. 540M), a DVCP Studio (Rs. 109.85M), IT infrastructure (Rs. 333.42M), new CEC and CATI setup (Rs. 217.36M), and general corporate purposes (Rs. 362.62M). As of June 30, 2025, Rs. 1,017.41 million has been utilised, with Rs. 545.84 million still unutilised and parked in fixed deposits with HDFC Bank, Bank of Baroda, and Union Bank of India. Working capital and GCP funds are fully used, the DVCP Studio has seen no spending this quarter, and IT infrastructure and CEC/CATI are being deployed gradually. There is no deviation from stated objects and no delay in implementation.
This is a routine compliance filing confirming IPO funds are being deployed as disclosed, which is neutral to mildly positive for shareholders. The sizeable unutilised balance (~35% of net proceeds) sitting in bank FDs may be monitored for deployment speed, but there are no red flags on misuse or delay.