Unimech Aerospace and Manufacturing Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2025, to the stock exchanges on November 12, 2025. The report was issued by Care Ratings Limited, the Monitoring Agency appointed to oversee the utilization of proceeds from the company's Initial Public Offering (IPO). * The IPO was a Fresh Issue of 31,84,713 shares, aggregating to ₹250 crore. * The report confirms "Nil" deviation from the objects outlined in the offer document, and no material deviations from expenditures. * The report was reviewed and considered by the company's Audit Committee and Board of Directors. * Utilization of IPO proceeds during the quarter ended September 30, 2025: * ₹0.97 crore for capital expenditure by the company (total utilized: ₹23.54 crore). * ₹11.09 crore for working capital requirements of the company (total utilized: ₹13.46 crore). * ₹4.55 crore for capital expenditure for expansion in its material subsidiary (total utilized: ₹35.43 crore). * No utilization for working capital requirements of its material subsidiary during the quarter (total utilized: ₹23.33 crore). * No utilization for repayment/prepayment of certain borrowings; discussions are ongoing with banks regarding pre-closure formalities. This object is marked as 'Ongoing' and 'Delayed' from its March 2025 completion date. * ₹3.38 crore for General Corporate Purposes (GCP) (total utilized: ₹37.16 crore). GCP funds were used for administration/statutory dues (₹0.62 crore), employee salaries (₹0.57 crore), and vendor payments (₹2.19 crore). * ₹0.33 crore for issue expenses (total utilized: ₹16.75 crore). This object is also marked as 'Ongoing'. * Total amount utilized during the quarter was ₹20.32 crore, bringing the total utilized amount to ₹149.67 crore. * The total unutilized amount at the end of the quarter was ₹100.33 crore, primarily deployed in fixed deposits with ICICI Bank and Axis Bank, earning interest.
