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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Prepayment or repayment of loans | Upto 6,000.00 (Lakhs) | — |
| Funding working capital requirements | Upto 3,000.00 (Lakhs) | — |
| General corporate purposes | Not exceeding ₹1,000 lakhs or 15% of the Gross Proceeds, whichever is less | — |
The proceeds from the IPO will be utilized for prepayment or repayment of loans, funding working capital requirements, and general corporate purposes, with specific caps on each category.