Belrise Industries Limited (BELRISE)
Statement of deviations or variation in utilization of funds raised through, Initial Public Offerings ("IPO")
Statement of deviation or variation in utilization of IPO funds for quarter ended June 30, 2026
- IPO gross proceeds Rs 21,500 million; net Rs 20,286.12 million
- No deviation or variation in use of funds reported
- Rs 15,960.21 million utilized for debt repayment as planned
- General corporate purposes allocation revised to Rs 4,690.46 million; Rs 4,685.85 million utilized
- Unutilized funds temporarily parked in bank deposits and commercial papers
- Audit committee reviewed and approved the statement on August 14, 2026
Source: Original filing PDF
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🚨 BELRISE — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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