Monitoring Agency Report for the Fourth Quarter ended 31st March, 2026.
SANSTAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sanstar Limited has submitted its Q4 FY2025-26 Monitoring Agency Report by Acuité Ratings and Research Limited. The INR 397.10 crore IPO proceeds (July 2024) have been fully deployed across four objectives: Dhule facility expansion (INR 181.56 crore), repayment of borrowings (INR 100 crore), general corporate purposes (INR 81.93 crore), and issue expenses (INR 33.62 crore). The monitoring agency confirms no deviations from the Offer Document disclosures, no changes in financing means, and no delays in implementation. INR 4.31 crore related to Dhule expansion was unutilized at quarter end but overall deployment is complete. No unfavorable events affecting project viability were observed.
This is a positive routine filing confirming Sanstar's IPO fund utilization is on track with disclosed objects. No material deviations or concerns were flagged by the independent monitoring agency, which should provide comfort to investors about proper deployment of public issue proceeds.