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NSE · Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Expansion of business by procuring new Government/PSU projects | 15,500 | — |
| Funding our working capital requirements | 6,000 | — |
| Prepayment or repayment of certain outstanding borrowings | 750.00 | — |
The net proceeds from the IPO will be utilized for business expansion, working capital, repayment of borrowings, and general corporate purposes, with specific allocations outlined for each category.