Skipper Ltd

Skipper Ltd’s Q2 2025 Fund Utilization Report 📊

- Rights Issue period: 30th Jan 2024 to 8th Feb 2024, with an issue size of ₹1,991.8M.

- Funds allocated: ₹1,600M for working capital, ₹380.8M for general corporate purposes, ₹11M for issue-related expenses.

- As of 30th June 2025, ₹1,984.49M raised, ₹1,975.25M utilized, leaving ₹9.24M unutilized in escrow.

- No material deviations or changes in financing means observed.

- No delays or unfavorable events affecting project viability reported.

- Monitoring Agency: India Ratings and Research Private Limited (relied on company-provided data).