Sharvaya Metals Ltd
Sharvaya Metals Q2 FY26 IPO Proceeds Update š
ā¢ Submitted Q2 FY26 monitoring report to BSE, prepared by Infomerics Valuation and Rating Limited
ā¢ Total IPO issue size was ā¹58.80 crore (including offer for sale)
ā¢ ā¹49 crore IPO proceeds being monitored for utilization
ā¢ No deviations from IPO object utilization observed
ā¢ ā¹12.73 crore utilized as of September 30, 2025
ā¢ ā¹36.27 crore remains unutilized and held as cash
ā¢ Utilization breakdown: Working capital (ā¹5.98 crore), Civil construction (ā¹0.16 crore), General corporate purposes (ā¹1.00 crore), IPO expenses (ā¹5.60 crore)
ā¢ Plant and machinery expenditure not yet utilized (ā¹0)