JD Cables Ltd

📊 JD Cables Ltd: IPO Funds Fully Utilized as Planned

• IPO raised ₹84.41 crores on September 23, 2025.

• Funds allocated: ₹45 crores for working capital, ₹26 crores for repayment of borrowings, ₹7.54 crores for general corporate purposes, and ₹5.87 crores for public issue expenses.

• Audit Committee reviewed and confirmed compliance with no auditor comments.

• Monitoring agency for fund utilization is CRISIL Ratings Limited.