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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Purchase of side wall trailers | 884.75 | — |
| Working capital requirements | 1,123.75 | — |
| Implementation for phase 2 of Smart Logistics Application | 71.37 | — |
| General corporate purpose | 388.34 | — |
The net proceeds from the IPO will be utilized for purchasing side wall trailers (up to ₹884.75 Lakhs), working capital requirements (up to ₹1,123.75 Lakhs), implementation of phase 2 of the Smart Logistics Application (up to ₹71.50 Lakhs), and general corporate purposes (₹388.34 Lakhs).