BSESampat Aluminium LtdMinimalNeutral
Announced Fri, 14 Nov · 20:01 IST

STATEMENT OF DEVIATION(S) OF VARIATION

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sampat Aluminium Ltd filed a routine compliance report to BSE confirming there has been no deviation from the original purpose for which it raised funds through its IPO. The company raised Rs 30.53 crore (3,052.80 lakhs) when its IPO and listing on BSE were completed on 24 September 2025. Out of this, only Rs 4.20 crore (419.66 lakhs) had been utilised as of 30 September 2025, which is expected since the IPO closed just 6 days before the reporting date. The Rs 100 lakhs used went toward a new manufacturing facility at Borisana, Kadi (Mehsana, Gujarat), Rs 260 lakhs for general corporate purposes, and Rs 59.66 lakhs toward issue expenses. The remaining Rs 26.33 crore is yet to be deployed. The report was reviewed by the Audit Committee and Board on 14 November 2025 and accompanied by an auditor's certificate.

Likely market impact

This is a routine, non-event regulatory filing. No deviation from stated IPO objectives means investors can be reassured that funds are being used as promised. Low utilisation is normal given the very recent IPO closing date, and no negative signal for the stock.