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Source: NSE
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Acquisition of land or land development rights | 1,000.00 (lakhs) | — |
The IPO proceeds will primarily be utilized for acquiring land or land development rights, with ₹1,000 lakhs earmarked for this purpose. The estimated issue expenses are ₹42.40 lakhs, which is 2.24% of the total issue size.