Ventive Hospitality’s monitoring agency report, prepared by Crisil Ratings Limited, indicates that IPO proceeds are utilized as planned. The report, pertaining to the quarter ended December 31, 2025, confirms adherence to SEBI regulations regarding the utilization of funds raised during the company’s Initial Public Offer (IPO). The gross proceeds from the fresh issue were ₹16,000.00 million.
IPO Proceeds Utilization
The report confirms the utilization of funds raised through the Initial Public Offer (IPO) until December 31, 2025, is in line with the objects outlined in the offer document. Crisil Ratings Limited was appointed as the Monitoring Agency to oversee the fund utilization. The gross proceeds from the IPO were ₹16,000.00 million.
Key Financial Data
Here’s a summary of how the IPO proceeds were allocated as of the quarter ending December 31, 2025:
- Repayment/prepayment of borrowings: ₹14,000.00 million
- General corporate purposes: ₹1,194.56 million
- Issue expenses: ₹804.84 million
Unutilized Proceeds
As of December 31, 2025, the remaining unutilized amount is ₹0.60 million. These funds are held in a current account earning no return as of the report date.
Source: BSE
