Disclosure regarding Deviation(s) and Variation(s) of funds under Regulations 32 of SEBI (LODR) Reg 2015
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rachit Prints Ltd has submitted a nil-deviation certificate for IPO fund utilization during the half-year ended March 31, 2026. The company raised Rs. 1,800.51 Lakhs through its IPO. Of this, Rs. 1,360.51 Lakhs (75.6%) has been utilized as per the prospectus - fully deploying funds for Working Capital (Rs. 950L), Term Loan Prepayment (Rs. 132L), and General Corporate Purposes (Rs. 278.51L). However, Rs. 440 Lakhs (24.4%) allocated for expansion/capital expenditure on plant and machinery remains unutilized. The unutilized amount has been temporarily parked in fixed deposits. The statement confirms no deviation from the disclosed objects of the issue.
No deviation is positive for shareholders as the company is adhering to its stated use of proceeds. However, the Rs. 440 lakh capital expenditure deployment is delayed, which investors should monitor for execution timeline updates.