Prostarm Info Systems Ltd

Prostarm Info Systems Updates on IPO Fund Utilization 📊

- Total IPO issue size: ₹168 crore

- ₹72.5 crore utilized for working capital

- ₹17.96 crore used for debt repayment

- ₹23.06 crore fully utilized for issue expenses

- ₹12.48 crore allocated for acquisitions remains unutilized (43-day delay from planned March 31, 2026)

- Unutilized funds earning 6.25–6.40% returns via ICICI Bank fixed deposits

- ₹42 crore for general corporate purposes fully utilized: ₹28.81 crore for working capital, ₹13.19 crore for capacity expansion

- No material deviations or adverse events affecting IPO object viability reported