Ishan International Limited has fully deployed Rs. 18.24 Cr raised through its IPO, with no deviation in fund usage.

Minor reallocations were made within approved categories—Rs. 0.97 Cr and Rs. 2.43 Cr shifted to working capital from issue expenses and corporate expenses, respectively—with shareholder approval.

Funds continue to support joint ventures, working capital, and corporate activities, maintaining alignment with the company’s operational strategy.