Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes. | ₹76.99 Cr |
| 2 | Funding the part incremental working capital requirements of the Company | ₹110.00 Cr |
| 3 | General Corporate Purposes | ₹13.74 Cr |
| 4 | Issue Expenses | ₹21.14 Cr |
| 5 | Total | ₹221.87 Cr |