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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Proposed Expansion | 480.00 | — |
| Repayment of borrowings | 370.00 | — |
Rudra Cottex Limited plans to utilize the net proceeds from its IPO for capital expenditure related to the expansion of its manufacturing facility, repayment of borrowings, and general corporate purposes. The estimated amount for the capital expenditure is ₹480.00 million.