CPS Shapers Limited Reports Utilization of Funds from IPO and Preferential Issues
CPS Shapers Limited, formerly CPS Shapers Private Limited, has released a certificate detailing the utilization of proceeds from its capital raises up to March 31, 2026. The company provided an overview of how funds received through an Initial Public Offering (IPO) and two separate Preferential Issue rounds were utilized for various corporate objects.The utilization details for the IPO proceed show that the company partially deployed funds, allocating proceeds across several key areas.
Utilization of IPO Proceeds (as of March 31, 2026)
According to the statement, the total disclosed amount for the IPO was 1,110 Lakhs. As of March 31, 2026, the company utilized a total of 1,065.79 Lakhs.| Objects as disclosed in the Offer Document | Amount disclosed in the Offer Document | Amount utilised till March 31, 2026 | Amount unutilised till March 31, 2026 |
|---|---|---|---|
| For Working Capital | 405.58 | 405.58 | - |
| For Plant & Machinery | 178.68 | 178.68 | - |
| Purchase of Commercial Vehicle | 9.53 | - | 9.53 |
| Funding of capital expenditure requirements of our Company towards purchase of Solar Power System | 21 | - | 21.00 |
| For Upgradation of existing IT Software at manufacturing facility | 18.2 | 4.52 | 13.68 |
| IPO Issue Expenses | 128 | 128.00 | - |
| Repayment of Loans | 167.01 | 167.01 | - |
| General Corporate Expenses | 182 | 182.00 | - |
| Total | 1,110 | 1,065.79 | 44.21 |
Utilization of Preferential Issue Proceeds (Jan 2025)
A separate certificate reviewed the utilization of proceeds from a Preferential Issue through Private Placement Offer made on January 31, 2025. The total amount received from this issue was 500.04 Lakhs, and the company utilized the full amount by March 31, 2026.| Objects of the Preferential Issue | Amount received from Preferential Issue | Amount utilised till March 31, 2026 | Amount unutilised till March 31, 2026 |
|---|---|---|---|
| For Working Capital | 500.04 | 344.99 | - |
| For Plant & Machinery | 500.04 | 52.57 | - |
| Issue Expenses | 500.04 | 22.57 | - |
| General Corporate Expenses | 500.04 | 79.91 | - |
| Total | 500.04 | 500.04 | - |
Utilization of Preferential Issue Proceeds (Nov 2025)
The company also provided details regarding the utilization of funds from a second Preferential Issue through Private Placement Offer, executed on November 8, 2025. The total proceeds amounted to 501.75 Lakhs, which were fully utilized by March 31, 2026.| Objects of the Preferential Issue | Amount received from Preferential Issue | Amount utilised till March 31, 2026 | Amount unutilised till March 31, 2026 |
|---|---|---|---|
| For Working Capital | 501.75 | 478.32 | - |
| For Plant & Machinery | 501.75 | - | - |
| Issue Expenses | 501.75 | 23.43 | - |
| General Corporate Expenses | 501.75 | - | - |
| Total | 501.75 | 501.75 | - |
These certificates were issued by the statutory auditors, M/s. Vinay Bhushan & Associates, verifying the utilization reports based on the company's records.
CPS Stock Price Movement
On Wednesday, C P S Shapers Limited shares settled at ₹1000, concluding the trading day with no directional change. The equity held steady at the previous close, recording a total traded quantity of 3,900 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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