PB Fintech has released its Monitoring Agency Report for the quarter ended September 30, 2025. The report, issued by ICICI Bank Limited, confirms that funds from the initial public offer were utilized as disclosed. The company’s website, www.pbfintech.in, also hosts the disclosure.
IPO Proceeds Utilization
ICICI Bank Limited, the monitoring agency, confirmed that the funds raised from the initial public offering were utilized according to the offer document with no deviations reported for the quarter ended September 30, 2025.
Revised Use of Proceeds
As of March 31, 2025, ₹4,235.19 million, originally earmarked for strategic investments and expanding operations outside India, will now be directed toward new opportunities to expand growth initiatives to increase the consumer base, including offline presence.
General Corporate Purpose
The amount allocated to general corporate purposes remains at ₹7,626.85 million.
Deployment of Funds
As of September 30, 2025, the unutilized IPO proceeds are deployed in fixed deposits and other bank accounts with scheduled commercial banks, totaling ₹2,211.28 million.
Key Financials (In Millions)
- Enhancing brand visibility: ₹15,000
- Expanding Growth Initiatives: ₹7,985.19
- Strategic investments: ₹4,264.81
- Expanding outside India: ₹1,250
- General corporate purposes: ₹7,626.85
Source: BSE
