Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding of Capital expenditure towards setup of a new Warehouse Facility at Ludhiana, Punjab | ₹5.74 Cr |
| 2 | Marketing and advertisement expenses toward enhancing the awareness and visibility of brand | ₹5.41 Cr |
| 3 | Utilization towards working capital requirements | ₹19.50 Cr |
| 4 | General Corporate Purposes | ₹2.96 Cr |
| 5 | Issue Expenses | ₹6.70 Cr |
| 6 | Total | ₹40.31 Cr |