News Corporate Actions Fabtech Technologies Submits Q3FY26 Monitoring Agency Report on IPO Proceeds UtilizationFabtech Technologies Submits Q3FY26 Monitoring Agency Report on IPO Proceeds Utilization
Fabtech Technologies Limited submitted its Q3FY26 monitoring agency report showing minimal utilization of Rs 125.00 lakhs from its Rs 23,029.65 lakhs IPO proceeds raised in September-October 2025. The pharmaceutical engineering company deployed the majority of unutilized funds in fixed deposits across multiple banks earning returns between 4.25% to 6.75%. CRISIL Ratings Limited confirmed no deviations from the offer document disclosures, with the company maintaining regulatory compliance in its fund deployment strategy.
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Fabtech Technologies Limited has filed its quarterly monitoring agency report for the period ended December 31, 2025, detailing the utilization of proceeds from its Initial Public Offer (IPO). The report, submitted to both NSE and BSE under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, provides comprehensive insights into how the company has deployed its IPO funds during the third quarter of fiscal year 2026.
IPO Details and Proceeds Structure
The pharmaceutical engineering company conducted its IPO from September 29, 2025, to October 01, 2025, raising gross proceeds of Rs 23,029.65 lakhs. After deducting issue expenses of Rs 2,277.63 lakhs, the net proceeds available for utilization stood at Rs 20,752.02 lakhs.
| Particulars | Amount (Rs. in lakhs) |
|---|---|
| Gross Proceeds | 23,029.65 |
| Less: Issue Expenses | 2,277.63 |
| Net Proceeds | 20,752.02 |
Planned Utilization Framework
The company had outlined three primary objectives for utilizing the IPO proceeds as disclosed in the offer document:
| Sr. No. | Object | Allocated Amount (Rs. in lakhs) |
|---|---|---|
| 1 | Funding working capital requirements | 12,700.00 |
| 2 | Pursuing inorganic growth initiatives through acquisitions | 3,000.00 |
| 3 | General Corporate Purposes | 5,052.02 |
| Total | 20,752.02 |
Q3FY26 Utilization Summary
During the quarter ended December 31, 2025, Fabtech Technologies demonstrated conservative utilization of its IPO proceeds. The company utilized Rs 125.00 lakhs specifically towards general corporate purposes, primarily for salary and wages payments. Additionally, Rs 2,225.25 lakhs was allocated towards issue expenses during the quarter.
| Object | Allocated (Rs. lakhs) | Utilized in Q3FY26 (Rs. lakhs) | Unutilized (Rs. lakhs) |
|---|---|---|---|
| Working capital requirements | 12,700.00 | Nil | 12,700.00 |
| Inorganic growth initiatives | 3,000.00 | Nil | 3,000.00 |
| General Corporate Purposes | 5,052.02 | 125.00 | 4,927.02 |
| Sub-total | 20,752.02 | 125.00 | 20,627.02 |
Deployment of Unutilized Proceeds
The company has strategically deployed its unutilized proceeds across multiple fixed deposits with leading banks to ensure capital preservation and earn returns. As of December 31, 2025, Rs 20,677.40 lakhs was invested across 16 fixed deposits with IndusInd Bank, Axis Bank, and ICICI Bank.
The fixed deposits carry interest rates ranging from 4.25% to 6.75% with maturity dates spanning from January 2026 to January 2027. The total earnings from these investments as of December 31, 2025, amounted to Rs 243.54 lakhs, bringing the total market value to Rs 20,920.95 lakhs.
Monitoring Agency Assessment
CRISIL Ratings Limited, serving as the monitoring agency, confirmed that all utilization during the quarter was in accordance with the disclosures made in the offer document. The agency reported no deviations from the stated objects of the issue and noted that no material changes were observed compared to earlier monitoring reports.
The monitoring agency verified that the amount utilized for general corporate purposes does not exceed 25% of the gross proceeds from the fresh issue, maintaining compliance with regulatory requirements. The company received board approval on February 02, 2026, for the utilization of general corporate purpose funds towards salary and wages payments.
Fabtech Technologies, promoted by Mr. Aarif Ahsan Khan, Mr. Hemant Mohan Anavkar, Mr. Aasif Ahsan Khan, and Mrs. Manisha Hemant Anavkar, continues to maintain transparency in its fund utilization while preserving capital for future strategic initiatives as outlined in its IPO objectives.
Historical Stock Returns for Fabtech Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.53% | +3.41% | -11.42% | -7.47% | -7.47% | -7.47% |
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