Systematic Industries Limited Completes Full Utilization of ₹115.60 Crore IPO Proceeds in Q3 FY26
Published on: Feb. 14, 2026, 1:13 a.m. | Source: scanx.trade
Systematic Industries Limited has completed full utilization of its ₹115.60 crore IPO proceeds during Q3 FY26, as confirmed by monitoring agency Brickwork Ratings. The company deployed ₹95.00 crore for debt repayment, ₹4.29 crore for general corporate purposes, and ₹8.51 crore for issue expenses, with no deviations from the original offer document objectives.
