ImportantUpdates
Macobs Technologies has redirected unutilized IPO funds from loan repayment to enhance working capital, supporting growth initiatives.
Macobs Technologies LimitedMACOBSTECH · Filed with the exchange
Of ₹18.07 Cr net IPO proceeds, ₹2 Cr was spent on customer acquisition, ₹1.2 Cr on working capital, and ₹1.5 Cr partially on loan repayment.
The company is evaluating further use of funds for expansion and acquisitions this year.
₹0.31 Cr remains unutilized.
This approach reflects a focus on optimizing resource allocation to drive business growth and shareholder value.
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