ImportantGeneral Updates
UDAYSHIVAKUMAR INFRA confirmed no deviation in its IPO fund utilization for the quarter ended June 2025. The company raised ₹65.99 Cr from its IPO.
Udayshivakumar Infra LimitedUSK · Filed with the exchange
Funds were primarily allocated for incremental working capital (₹45.00 Cr utilized as planned), general corporate purposes (₹10.29 Cr utilized out of ₹16.16 Cr allocated), and IPO expenses (₹4.84 Cr utilized as planned). Unutilized proceeds are currently parked in bank accounts.
This indicates prudent financial management.
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