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NSE · Source: NSE
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Repayment or pre-payment, in full or in part, of certain borrowings availed by the Company and its Subsidiaries | Rs 11,925.00 million | 26, 110, 112 |
| Repayment or pre-payment of certain borrowings availed by the Company | Rs 3,000.00 million | 26, 110 |
| Repayment or pre-payment of certain borrowings availed by Subsidiaries | Rs 8,925.00 million | 26, 110 |
| General corporate purposes | — | 26, 110, 117 |
The net proceeds from the IPO are proposed to be utilized for repayment of borrowings and general corporate purposes, with ₹11,925 million allocated for repayment of borrowings.