Capitalnumbers Infotech Ltd

28 May 2026

⚠️ CapitalNumbers Infotech Reports Fund Utilization Deviations – Key Facts

- Reported irregularities in use of IPO funds for FY ending March 31, 2026.

- IPO on Jan 27, 2025: 32,20,000 equity shares issued at ₹10 face value + ₹253 premium per share.

- ₹6,934.12 lakhs of IPO proceeds remain unutilized (currently in fixed deposits/banks).

- Accounting error corrected: OFS-related expenses wrongly charged to Securities Premium were recovered from selling shareholders on Nov 24, 2025.

- Plans to modify IPO fund utilization object clause (awaiting Board/Shareholder approval).

- Funds spent: ₹328.96 lakhs on technical advancement (vs. ₹1,782.00 lakhs allocated); ₹500.00 lakhs fully utilized for subsidiary investment.

- Auditors noted alignment with financials but flagged pending corrective actions.