Laxmi Dental Limited submitted its Q3 FY26 monitoring agency report showing utilization of INR 76.802 crore from IPO proceeds of INR 138.000 crore. The company has completed debt repayment and general corporate purpose objectives while machinery purchase requirements remain in progress. Unutilized funds of INR 61.198 crore are invested in fixed deposits earning returns up to 7.30%. ICRA Limited confirmed no material deviation from stated IPO objects.
Laxmi Dental Limited Submits Q3 FY26 Monitoring Agency Report on IPO Proceeds Utilization
