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, submitted its report on the utilization of IPO proceeds for Ventive Hospitality Ltd. The company raised Rs 16,000 million through its IPO in December 2024. As of March 31, 2026, nearly all proceeds have been deployed: Rs 14,000 million was used for repayment of borrowings (fully utilized), Rs 1,194.56 million for general corporate purposes (fully utilized), and Rs 805.43 million out of Rs 805.44 million for issue expenses. Only Rs 0.01 million remains unutilized in the company's current account. The monitoring agency found no deviations from the objects disclosed in the offer document and confirmed all utilization is in line with stated purposes.
The filing shows the IPO proceeds have been substantially deployed as planned with no deviations, indicating proper fund management. This is a routine compliance filing with no immediate impact on the stock, though investors can note the debt reduction achieved through IPO funds.