CapitalNumbers Infotech Limited has submitted its Statement of Deviation or Variation in the use of IPO funds for the half-year ended March 31, 2025. The company raised Rs. 55.97 Cr through its public offer.

There are no deviations or variations reported in the utilization of funds across its original objectives, including technical advancement, business development, inorganic growth, and issue-related expenses.

Unutilized funds have been placed in fixed deposits.

The audit committee reviewed the utilization and confirmed the proceeds were used as intended.