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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Chemkart India Ltd

Chemkart India Ltd: No IPO Fund Deviation for Half Year Ended Sep 2026

RESULTS ● No Immediate Change LOW RISK
📅 Filed on BSE: 30 Oct 2026, 09:43 PM IST  ·  BSE ID: fec731cf-f357-4475-ba3b-00928064bd12
View Original BSE Filing (PDF)
💡
In Simple Terms
The company used its IPO money exactly as promised for the half-year ending September 2026, with some funds still to be spent.
🤖 AI Summary
  • Chemkart India Limited confirmed no deviation in IPO fund utilization for the half year ended September 30, 2026.
  • The company raised 80.08 Crore through its IPO on July 14, 2025, with net proceeds to be utilized of 54.95 Crore.
  • A total of 39.48 Crore from the net proceeds has been utilized for stated objectives by September 30, 2026.
  • An amount of 24.99 Crore remains unutilized, allocated for capital expenditure on a manufacturing facility.
  • Brickwork Ratings India Private Limited acts as the monitoring agency for the IPO fund utilization.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Amount Raised (IPO)
80.08 Crore
Net Proceeds to be utilized
54.95 Crore
Funds Utilized till Sep 30, 2026
39.48 Crore
Un-utilised Amount till Sep 30, 2026
24.99 Crore
Utilized for Borrowing Repayment
20.00 Crore
Utilized for General Corporate Purpose and IPO issue Expenses
9.79 Crore
Utilized for Manufacturing Facility Capex
9.69 Crore
🏢 How This Affects the Company
📈
Business Impact
The ongoing utilization of IPO funds for financing capital expenditure on the manufacturing facility through Easy Raw Materials Private Limited is a step towards expanding operational capacity.
💰
Financial Impact
39.48 Crore of the IPO net proceeds has been utilized, including 20.00 Crore for debt repayment/prepayment and 9.79 Crore for General Corporate Purpose and IPO issue expenses, which reduces borrowing liabilities.
⚙️
Operational Impact
The utilization of 9.69 Crore towards capital expenditure for the manufacturing facility supports the setup of production capabilities for the Wholly-Owned Subsidiary.
⚠️
Risk Impact
The confirmation of no deviation in IPO fund utilization mitigates the risk of regulatory scrutiny and investor concern regarding fund misuse or misallocation.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected as the company has confirmed its adherence to the IPO prospectus, which impacts the transparency and trust associated with the company's financial management.
🔍
Management Signal
Management is signaling commitment to the stated IPO objectives and regulatory compliance by confirming no deviation in fund utilization and reporting the unutilized amount.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Next half-yearly Regulation 32 statement — check progress on unutilized capital expenditure funds.
Upcoming financial results — assess impact of utilized funds on revenue and profitability.
Updates on Easy Raw Materials Private Limited — monitor manufacturing facility setup progress.
LOW RISK The filing indicates compliance with IPO fund utilization, reducing immediate financial or regulatory risks.
💡 Investor Takeaway
Chemkart India Limited confirms no deviation in IPO fund utilization for the half year ended September 30, 2026. Out of 54.95 Crore net IPO proceeds, 39.48 Crore has been utilized as planned, including full repayment of 20.00 Crore borrowings. An amount of 24.99 Crore remains unutilized for capital expenditure.
⚖️ Strengths & Concerns

✅ Positives

  • The company confirmed no deviation in IPO fund utilization, aligning with stated objectives for the half year ended September 30, 2026.
  • 20.00 Crore of IPO proceeds has been fully utilized for repayment/prepayment of borrowings, reducing the company's debt burden.

⚠️ Concerns

  • 24.99 Crore allocated for capital expenditure on the manufacturing facility through Easy Raw Materials Private Limited remains unutilized as of September 30, 2026.
  • Only 9.69 Crore has been utilized out of an original allocation of 34.68 Crore for the manufacturing facility's capital expenditure.
📅 Company Track Record
Chemkart India Limited was incorporated in 2020. The company raised funds through an IPO on July 14, 2025. This filing for the half year ended September 30, 2026, marks an initial public disclosure regarding its post-IPO fund utilization status.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the status of Chemkart India Limited's IPO fund utilization for the half year ended September 30, 2026?
Chemkart India Limited confirmed no deviation or variation in the utilization of IPO proceeds for the half year ended September 30, 2026, as per Regulation 32(1) of SEBI LODR Regulations, 2015.
How much of Chemkart India Limited's IPO proceeds have been utilized?
As of September 30, 2026, Chemkart India Limited has utilized 39.48 Crore (or Rs. 3,948.05 Lakhs) out of the net IPO proceeds of 54.95 Crore (or Rs. 5,495.00 Lakhs).
What amount of IPO funds remain unutilized by Chemkart India Limited?
An amount of 24.99 Crore (or Rs. 2,499.94 Lakhs) remains unutilized as of September 30, 2026, primarily allocated for financing capital expenditure towards setting up a manufacturing facility.
What were the main objectives for Chemkart India Limited's IPO fund utilization?
The main objectives were financing capital expenditure for a manufacturing facility (original allocation 34.68 Crore), repayment/prepayment of borrowings (original allocation 20.00 Crore), and general corporate purposes including IPO expenses (original allocation 9.79 Crore).
Who is monitoring the utilization of IPO funds for Chemkart India Limited?
Brickwork Ratings India Private Limited is the monitoring agency for the utilization of Chemkart India Limited's IPO funds.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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