Monitoring Agency Report for quarter ended March 31, 2026.
VENTIVE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Crisil Ratings Limited, the Monitoring Agency for Ventive Hospitality Limited's IPO, has submitted its report for Q4 FY2026 (ending March 31, 2026). The IPO raised Rs 16,000 million in December 2024. Of the net proceeds of Rs 15,194.56 million, Rs 14,000 million was allocated for repayment of borrowings (fully utilized by June 2025), Rs 1,194.56 million for general corporate purposes (fully utilized), and Rs 805.44 million for issue expenses (Rs 805.43 million utilized with Rs 0.01 million remaining). The report confirms no deviations from the objects disclosed in the Offer Document, no material changes in means of finance, and no unfavorable events affecting project viability. Only Rs 0.01 million remains unutilized, held in the company's current account.
IPO proceeds have been almost fully deployed as intended with no red flags. Shareholders can view this as a positive development indicating proper fund utilization and completion of debt repayment objectives.