ReferIndia News Apollo Techno Industries Reports Q3FY26 IPO Proceeds Utilization of ₹4.77 Crore

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Apollo Techno Industries Reports Q3FY26 IPO Proceeds Utilization of ₹4.77 Crore

Published on: Feb. 9, 2026, 3:47 p.m. | Source: scanx.trade

Apollo Techno Industries Limited submitted its Q3FY26 monitoring agency report showing ₹4.77 crore utilization from its ₹47.96 crore IPO proceeds, with ₹43.18 crore remaining unutilized in designated bank accounts. CARE Ratings Limited confirmed no deviations from stated objects, with working capital deployment planned for upcoming quarters. The construction drilling equipment company's IPO was conducted in December 2025, with funds primarily allocated for working capital requirements, general corporate purposes, and issue-related expenses.

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