ReferIndia News Airfloa Rail Technology Limited Reports IPO Proceeds Utilization for Q3 FY26

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Airfloa Rail Technology Limited Reports IPO Proceeds Utilization for Q3 FY26

Published on: Feb. 14, 2026, 11:33 p.m. | Source: scanx.trade

Airfloa Rail Technology Limited reported IPO proceeds utilization for Q3 FY26, with Rs. 7,631.39 lakhs deployed out of Rs. 8,884.80 lakhs net proceeds from its September 2025 IPO. The company has fully utilized funds for loan repayment, working capital, and general corporate purposes, with Rs. 1,253.41 lakhs remaining unutilized in the capex category. Statutory auditors certified compliance with offer document requirements, confirming no material deviations in fund deployment.

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