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Source: NSE
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Funding Development Expenses | ₹ 2,700.00 million | — |
| Pre-IPO Placement | ₹ 200.00 million | — |
The net proceeds from the IPO are proposed to be used for funding development expenses of ₹2,700 million and for acquiring land for future real estate projects. Specific allocations will be determined upon the issue price.