News Stocks Chatterbox Technologies Reports Q3FY26 IPO Proceeds Utilization of INR 16.605 CroresChatterbox Technologies Reports Q3FY26 IPO Proceeds Utilization of INR 16.605 Crores
Chatterbox Technologies Limited submitted its Q3FY26 monitoring agency report showing utilization of INR 16.605 crores from its INR 42.863 crores IPO proceeds. The company deployed INR 26.258 crores of unutilized funds in fixed deposits earning 5.50% to 6.50% returns. The monitoring agency confirmed no deviations from the offer document objectives, with funds being utilized across business expansion, working capital, and corporate purposes in a phased implementation approach.
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Chatterbox Technologies Limited has submitted its monitoring agency report for the quarter ended December 31, 2025, detailing the utilization of proceeds from its Initial Public Offer (IPO). The report, prepared by monitoring agency Acuité Ratings and Research Limited, confirms compliance with SEBI regulations and adherence to the objects stated in the offer document.
IPO Details and Fund Utilization
The company conducted its IPO from September 25, 2025 to September 29, 2025, raising INR 42.863 crores. During Q3FY26, Chatterbox Technologies utilized INR 16.605 crores across various business objectives, leaving INR 26.258 crores unutilized.
| Object | Amount Allocated (INR Crores) | Amount Utilized (INR Crores) | Unutilized Amount (INR Crores) |
|---|---|---|---|
| Funding Capital requirements for Existing business | 11.073 | 0.00 | 11.073 |
| Setting up additional office cum new studio | 7.137 | 3.472 | 3.665 |
| Brand Building requirements | 5.015 | 0.585 | 4.430 |
| Incremental working capital requirements | 6.329 | 4.694 | 1.635 |
| General Corporate Purposes | 5.667 | 0.302 | 5.364 |
| Issue Related Expenses | 7.643 | 7.551 | 0.092 |
Deployment of Unutilized Funds
The company has deployed INR 26.00 crores of unutilized funds in fixed deposits with Axis Bank, with the remaining INR 0.31 crores maintained in the public offer account. The fixed deposits carry interest rates ranging from 5.50% to 6.50% with maturity dates extending from June 2026 to January 2027.
| Investment Details | Amount (INR Crores) | Return Rate | Market Value (INR Crores) |
|---|---|---|---|
| Fixed Deposits (16 instruments) | 26.00 | 5.50% - 6.50% | 26.298 |
| Public Offer Account | 0.31 | N/A | 0.31 |
| Total Earnings Generated | 0.361 |
Regulatory Compliance and Monitoring
The monitoring agency confirmed no deviations from the objects disclosed in the offer document. All utilizations align with the stated purposes, and no material events were observed that could affect the viability of the projects or investor decision-making.
Key compliance highlights include:
- No material deviations from expenditures disclosed in the offer document
- No changes in the means of finance for disclosed objects
- All statutory requirements met as per SEBI regulations
- Proper deployment of unutilized funds in interest-bearing instruments
Company Background
Chatterbox Technologies Limited operates in the Advertising & Media Agencies sector, with promoters including Mr. Rajnandan Mishra and QYOU Media Inc. The company is implementing its IPO objects in a phased manner according to planned timelines, with the Board of Directors confirming that utilization will continue in line with the stated objectives.
The statutory auditors Joy Mukherjee & Associates have certified the accuracy of the utilization figures, confirming that the deployment of funds is in accordance with the objects of the issue as stated in the offer document.
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