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Source: NSE
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Repayment of borrowings | 20,159.53 million | — |
| Funding capital expenditure for a cryogenic LPG terminal | 6,713.00 million | — |
| General corporate purposes | 36.31 million | — |
The net proceeds from the IPO will be utilized for repayment of borrowings (₹20,159.53 million), funding capital expenditure for a cryogenic LPG terminal (₹6,713.00 million), and general corporate purposes (not exceeding 25% of gross proceeds).