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NSE · Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Funding a part of the expense to be incurred in the development of our Ongoing Projects and Upcoming Projects | 11,159.56 | — |
| Acquisition of identified land parcel for development of residential real estate projects | 1,849.03 | — |
| Unidentified acquisition of land parcel for undertaking residential real estate projects and general corporate purposes | — | — |
The proceeds from the IPO, estimated at up to ₹25,000 lakhs, will be utilized for funding ongoing and upcoming projects, acquiring land for residential real estate, and general corporate purposes. Specific allocations include ₹11,159.56 lakhs for ongoing projects and ₹1,849.03 lakhs for land acquisition.