Magenta Lifecare Ltd

💰 Magenta Lifecare IPO Funds: No Deviations Reported (Sep 2025)

- Raised ₹5.98 crore via IPO on June 10, 2024.

- Funds allocated as planned: ₹4.24 Cr for working capital, ₹1.74 Cr for corporate purposes.

- No deviations or changes to original fund usage.

- Audit committee & auditors have no concerns.

- Compliance with SEBI regulations confirmed.