Shree Tirupati Balajee Agro Trading Company Ltd

Shree Tirupati Balajee Agro IPO Funds Update: Utilization & Compliance Insights 📊

- Monitoring Agency Report for June 30, 2025, submitted by CARE Ratings.

- IPO raised ₹122.42 crore, with utilization aligned to offer document (except GCP at 26%, slightly above SEBI’s 25% threshold).

- No funds used in Q2 2025—proceeds already fully deployed as planned.

- Unutilized balance: ₹0.61 crore (₹0.52 crore in public issue account + ₹0.09 crore in monitoring account).

- No delays in project implementation; all timelines met.

- Report based on company-provided data (not an audit).

- No material deviations from original IPO plans.