Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements towards expansion of the existing manufacturing facility at Khasra No. 36, 38/1, 38/2, 38/3, Khapri (Uma), Nagpur- 441 501, Maharashtra, India (“Proposed Expansion”) | ₹71.38 Cr |
| 2 | Setting up of a new manufacturing facility located at Plot Nos. 33-B/1/1/ & 33-B/1/1/Part, MIDC, Hingna, Sonegaon District, Nagpur – 440 016, Maharashtra (“Proposed Facility”) | ₹30.39 Cr |
| 3 | Funding working capital requirements of the Company; and | ₹22.00 Cr |
| 4 | General Corporate Purposes | ₹18.43 Cr |
IPO UPDATE ALERTS
Register for IPO Updates →Track Diffusion Engineers without missing an update
Register for subscription, GMP, allotment and listing notifications.