We are hereby submitting Statement under reg 32 of SEBI(LODR) Regulation, 2015.
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Rachit Prints Ltd has submitted a regulatory statement confirming that there is no deviation or variation in the use of funds raised through its Initial Public Offer (IPO). The company raised Rs. 19.51 crores through the IPO on September 8, 2025, and has utilized Rs. 14.47 crores during the quarter ended September 30, 2025. The IPO proceeds were intended for working capital requirements, repayment of term loans, purchase of machinery, and general corporate purposes, as stated in the prospectus dated September 4, 2025. The statement was reviewed by the Audit Committee and taken on record by the Board at their meetings held on November 14, 2025. No monitoring agency was appointed for this issue.
This is a routine compliance filing confirming that IPO funds are being used as originally disclosed, which is a positive signal for shareholders as it indicates proper fund management and adherence to stated objectives. The partial utilization of Rs. 14.47 crores out of Rs. 19.51 crores within the first month post-listing suggests active deployment of capital for business operations.