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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SSMD Agrotech India Ltd has filed its annual statement on IPO fund utilization for FY 2025-26. Total IPO proceeds were Rs 3,408.57 Lakhs, with Rs 2,177.97 Lakhs utilized during the year, leaving Rs 1,230.60 Lakhs unutilized as of March 31, 2026. While no deviation from stated objects was reported, there were timing variations: Working Capital usage exceeded projections (Rs 735.22 Lakhs vs Rs 449.12 Lakhs planned) due to higher inventory and distribution expansion; D2C Dark Store capital expenditure significantly lagged (only Rs 5.16 Lakhs of Rs 203.36 Lakhs allocated) due to phased execution and vendor negotiations; and debt repayment of Rs 530 Lakhs was completed earlier than planned. The company states funds continue to be deployed toward prospectus objectives with schedule adjustments based on business requirements.
The filing confirms funds are being used for stated purposes but reveals slower-than-expected execution on D2C dark store expansion. Early working capital deployment and debt repayment indicate business scaling, though shareholders should monitor unutilized Rs 1,230.60 Lakhs deployment timeline.