Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding of capital expenditure for setting up a new manufacturing facility | ₹1.35 Cr |
| 2 | Funding for repayment of a portion of certain borrowings availed by the Company | ₹5.50 Cr |
| 3 | Utilization towards working capital requirements | ₹7.00 Cr |
| 4 | General Corporate Purposes | ₹1.28 Cr |
| 5 | Issue expenses | ₹3.07 Cr |
| 6 | Total | ₹18.21 Cr |