Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Investment in one of Subsidiaries, Fractal USA, for pre-payment and/ or scheduled repayment, in full or in part, of its borrowings | ₹264.90 Cr |
| 2 | Purchase of laptops | ₹57.10 Cr |
| 3 | Setting-up new office premises in India | ₹121.10 Cr |
| 4 | Investment in (a) research and development (b) sales and marketing under Fractal Alpha | ₹355.10 Cr |
| 5 | Funding inorganic growth through unidentified acquisitions and other strategic initiatives, and general corporate purposes | ₹161.10 Cr |
| 6 | Issue Expenses | ₹177.00 Cr |
| 7 | Total | ₹1,136.30 Cr |