Xtranet Technologies IPO Fund Utilization: CRISIL Report Q2 FY27
RATING
▲ Positive Development
LOW RISK
📅 Filed on BSE: 03 Nov 2026, 09:32 PM IST · BSE ID: 10829fe4-97a1-4b24-9ff6-83a71d6530f4
View Original BSE Filing (PDF)
💡
In Simple Terms
CRISIL Ratings confirmed Xtranet Technologies used its IPO money as planned for the July-September 2026 quarter.
🤖 AI Summary
- Xtranet Technologies' IPO fund utilization monitored by CRISIL for Q2 FY27.
- Report confirms proceeds utilization aligns with IPO objectives for period ending Sept 30, 2026.
- No deviations were reported in the utilization of funds from the IPO.
- The company raised Rs 16,680.18 lakh in its Initial Public Offer.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Gross proceeds from Fresh Issue
16,680.18 lakh
Issue Expenses
1,751.07 lakh
Net Proceeds
14,929.11 lakh
🏢 How This Affects the Company
The report confirms adherence to IPO object clauses, maintaining financial discipline regarding the use of raised capital.
Confirmation of no deviation in fund utilization from the monitoring agency mitigates a potential compliance risk.
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders regarding this filing.
👤
Who Is Affected
All shareholders are affected by the confirmation of proper fund utilization, which supports corporate governance and financial integrity.
🔍
Management Signal
This report signals management's commitment to transparency and adherence to regulatory requirements concerning IPO proceeds.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Subsequent CRISIL reports on IPO fund utilization.
Q3 FY27 financial results disclosure.
Future corporate announcements from Xtranet Technologies Limited.
LOW RISK
No deviation in IPO fund utilization from monitoring agency report.
💡 Investor Takeaway
CRISIL Ratings confirmed Xtranet Technologies Limited had no deviation in IPO fund utilization for the quarter ended September 30, 2026. The IPO raised Rs 16,680.18 lakh in gross proceeds.
⚖️ Strengths & Concerns
✅ Positives
- CRISIL Ratings confirms no deviation in utilization of IPO funds for Q2 FY27.
- IPO raised Rs 16,680.18 lakh in gross proceeds, with net proceeds of Rs 14,929.11 lakh.
❓ Frequently Asked Questions
What is the Xtranet Technologies Monitoring Agency Report for Q2 FY27?
It is a report by CRISIL Ratings confirming Xtranet Technologies Limited's utilization of IPO proceeds for the quarter ended September 30, 2026, showed no deviations.
Did Xtranet Technologies deviate from its IPO objectives in Q2 FY27?
No, the Monitoring Agency Report from CRISIL Ratings stated 'Not Applicable' for deviations in the utilization of IPO funds for the quarter ended September 30, 2026.
What were the gross proceeds from Xtranet Technologies' IPO?
Xtranet Technologies Limited's Initial Public Offer had gross proceeds of Rs 16,680.18 lakh.
Who is monitoring Xtranet Technologies' IPO fund utilization?
CRISIL Ratings Limited is the appointed Monitoring Agency responsible for monitoring the utilization of funds raised by Xtranet Technologies Limited through its Initial Public Offer.
Questions based on this BSE filing only. For information purposes.