Back
Corporate News
MethodHub Software confirms no deviation in IPO proceeds use as of June 2026
08-Aug-2026, 08:49
MethodHub Software Limited, formerly MethodHub Software Private Limited, announced that there was no deviation or variation in the utilization of proceeds from its Initial Public Offer (IPO) as of June 30, 2026, according to a filing with the BSE Limited. The company raised Rs 102.49 crore through the IPO on December 12, 2025, with net proceeds of Rs 87.49 crore allocated to purposes including repayment of loans, working capital requirements, investment in MethodHub Consulting Inc. (USA), inorganic acquisitions, and issue expenses.
MethodHub Software Limited, formerly MethodHub Software Private Limited, announced that there was no deviation or variation in the utilization of proceeds from its Initial Public Offer (IPO) as of June 30, 2026, according to a filing with the BSE Limited. The company raised Rs 102.49 crore through the IPO on December 12, 2025, with net proceeds of Rs 87.49 crore allocated to purposes including repayment of loans, working capital requirements, investment in MethodHub Consulting Inc. (USA), inorganic acquisitions, and issue expenses.