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![_Investor_Feed_ Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1825090112713285632.png) Investor Feed [@_Investor_Feed_](/creator/twitter/_Investor_Feed_) on x 6247 followers
Created: 2025-07-28 10:44:15 UTC

💰 Nippon Life India AMC’s Fund Utilisation: Key Insights & Breakdown | MCap XXXXXXXXX Cr

- Raised ₹616.90 Cr (net ₹588.85 Cr) via IPO on 6th Nov 2017.
- Funds used as planned: 
  • New branches: ₹12.30 Cr
  • IT upgrades: ₹40.65 Cr
  • Subsidiary lending: ₹125.00 Cr
  • Mutual fund investments: ₹100.00 Cr
  • Advertising & marketing: ₹72.09 Cr
  • General corporate purposes: ₹47.80 Cr
- No deviations reported by HDFC Bank (monitoring agency), auditors, or audit committee.
- Total utilised: ₹397.84 Cr (as of 30th June 2025).

Disc: Information provided in this tweet can be inaccurate, verify through the source before making any investment decision.

![](https://pbs.twimg.com/media/Gw8FJoWawAAqSoo.jpg)

XXX engagements

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**Related Topics**
[ipo](/topic/ipo)
[mcap](/topic/mcap)
[india](/topic/india)
[investment](/topic/investment)

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