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Source: NSE
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Working capital requirements for new project | ₹955.00 lakhs | — |
| Issue related expenses | ₹50.00 lakhs | — |
| General corporate purposes | ₹63.48 lakhs | — |
The funds raised through the IPO will be utilized for working capital requirements for a new project, issue-related expenses, and general corporate purposes, with a total of ₹1068.48 lakhs expected from the issue.