Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Working Capital Requirement | ₹9.50 Cr |
| 2 | To fund the expansion plan of the Company i.e. Capital expenditure towards purchase of Plant and Machinery. | ₹4.40 Cr |
| 3 | Partial Pre-payment of term loans to bank. | ₹1.32 Cr |
| 4 | General Corporate Purposes | ₹2.77 Cr |
| 5 | Issue Expenses | ₹1.50 Cr |
| 6 | Total | ₹19.49 Cr |