Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding of capital expenditure towards purchase of fixed assets (both hardware and software) for our existing operations (the upgradation of the existing Experience Centre and set up of Training Centre at Bengaluru) and the proposed set up of Experience Centre at Dubai | ₹14.73 Cr |
| 2 | Towards fit-outs at the new premises at Bengaluru | ₹4.58 Cr |
| 3 | Payment of Security Deposit for the new premises at Bengaluru | ₹1.60 Cr |
| 4 | To fund the working capital requirements of the Company; and | ₹46.00 Cr |
| 5 | To fund expenditure towards general corporate purposes. | ₹24.71 Cr |
| 6 | Total | ₹91.62 Cr |