JD Cables Ltd

📊 JD Cables Ltd: Full Utilization of ₹78.54 Crore IPO Proceeds Confirmed by CRISIL

• Net IPO proceeds of ₹7,854.00 lakhs fully utilized as per offer document

• Funds allocated: ₹4,500.00 lakhs for working capital, ₹2,600.00 lakhs for repayment of borrowings, and ₹754.00 lakhs for general corporate purposes

• Utilization verified by CRISIL Ratings Limited using management undertakings, auditor certificates, and bank statements

• No material deviations, financing changes, or adverse events affecting IPO objects reported