Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat. | ₹1.04 Cr |
| 2 | Funding of capital expenditure requirements towards purchase of machineries. | ₹1.68 Cr |
| 3 | Funding working capital requirements of the Company | ₹18.00 Cr |
| 4 | General Corporate Purposes | ₹6.17 Cr |
| 5 | Issue expenses | ₹3.85 Cr |
| 6 | Total | ₹30.75 Cr |