RK Swamy Limited Reports No Deviation in IPO Proceeds Utilization for Q3 FY26
RK Swamy Limited has filed its Q3 FY26 compliance report confirming no deviations in IPO proceeds utilization for the quarter ended December 31, 2025. The company has utilized Rs.1,047.96 million from Rs.1,563.25 million allocated, with complete utilization achieved for working capital and general corporate purposes, while IT infrastructure and facility setup projects remain partially implemented. The Audit Committee and Board approved the utilization statement in February 2026 meetings.

*this image is generated using AI for illustrative purposes only.
RK Swamy Limited has submitted its quarterly compliance report to stock exchanges, confirming adherence to IPO proceeds utilization guidelines for the quarter ended December 31, 2025. The filing, made under Regulation 32 of SEBI Listing Regulations, demonstrates the company's commitment to transparent fund management following its successful public offering.
IPO Proceeds Overview
The company raised Rs.4,235.60 million through its Initial Public Offering on March 08, 2024. The issue comprised fresh issuance of Rs.1,730.00 million and an offer for sale of Rs.2,505.60 million. CRISIL Ratings Limited serves as the monitoring agency for the fund utilization process.
Fund Utilization Status
As of December 31, 2025, RK Swamy has utilized Rs.1,047.96 million from the allocated Rs.1,563.25 million across various strategic objectives. The detailed breakdown shows varying levels of completion across different project categories.
| Object: | Original Allocation (Rs. million) | Funds Utilized (Rs. million) | Status |
|---|---|---|---|
| Working Capital Requirements | 540.00 | 540.00 | Fully Utilized |
| DVCP Studio Setup | 109.85 | Nil | No Utilization |
| IT Infrastructure Development | 333.42 | 69.94 | Partially Utilized |
| New CEC and CATI Setup | 217.36 | 75.40 | Partially Utilized |
| General Corporate Purposes | 362.62 | 362.62 | Fully Utilized |
| Total | 1,563.25 | 1,047.96 | 67% Utilized |
Project Implementation Progress
The company has achieved complete utilization in two key areas. Working capital requirements were fully addressed in the March 2024 quarter, while general corporate purposes were completely funded by the September 2024 quarter. These accomplishments demonstrate efficient deployment of funds for immediate operational needs.
Partial progress has been made in technology and infrastructure development initiatives. The IT infrastructure development project, involving the company and its material subsidiaries Hansa Research and Hansa Customer Equity, shows ongoing implementation. Similarly, the establishment of new Customer Experience Centers (CEC) and Computer Assisted Telephone Interviewing (CATI) facilities continues to advance.
Regulatory Compliance and Oversight
The Audit Committee reviewed the fund utilization statement on February 12, 2026, followed by Board approval on February 13, 2026. Both committees confirmed no deviations or variations from the objects mentioned in the March 6, 2024 prospectus. The company maintains transparency by publishing this information on its official website at www.rkswamy.com .
Corporate Governance Framework
Company Secretary and Compliance Officer Aparna Bhat signed the compliance filing, ensuring adherence to regulatory requirements. The systematic monitoring approach, combined with regular committee oversight, reinforces RK Swamy's commitment to responsible fund management and stakeholder transparency in its post-IPO operations.
Historical Stock Returns for RK Swamy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.26% | -3.69% | -3.24% | -30.67% | -49.16% | -59.36% |































