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NSE · Source: INVESTORGAIN
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Funding of capital expenditure requirements towards modernization of existing products and redevelopment | 153.57 million | — |
| Funding working capital requirements of our Company | 1,240.00 million | — |
| Achieving inorganic growth through unidentified acquisitions and other strategic initiatives | — | — |
The net proceeds from the IPO are intended for funding capital expenditure for modernization (₹153.57 million), working capital requirements (₹1,240 million), and achieving inorganic growth through acquisitions, with specific limits on the allocation.