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NSE · Source: INVESTORGAIN
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Financing the capital expenditure requirement towards expansion of our Manufacturing Facility | 6984.32 | — |
| Funding working capital requirements of our Company | 7500.00 | — |
BLS Polymers intends to use the Net Proceeds from the IPO for financing capital expenditure for expanding its manufacturing facility, funding working capital requirements, and for general corporate purposes. The amounts allocated are ₹ 6,984.32 lakhs for capital expenditure and ₹ 7,500.00 lakhs for working capital.