BlackBuck Limited Submits ICRA Monitoring Agency Report for Q4 FY2026 IPO Proceeds Utilisation
Published on: May 11, 2026, 8:53 p.m. | Source: scanx.trade
BlackBuck Limited submitted its Q4 FY2026 Monitoring Agency Report, prepared by ICRA Limited, confirming that IPO proceeds utilisation of INR 444.361 crore out of INR 550.000 crore is fully aligned with the objects of the issue. No deviations were observed across all four utilisation heads, including sales and marketing, NBFC subsidiary investment, product development, and general corporate purposes. The remaining INR 105.639 crore of unutilised proceeds has been deployed in fixed deposits and bank accounts, with a total market value of INR 112.735 crore and earnings of INR 2.519 crore at the end of the quarter.
