Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements towards Construction of Jewellery Studio | ₹6.40 Cr |
| 2 | Funding towards Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks and financial institutions | ₹6.50 Cr |
| 3 | Funding long-term Working Capital Requirement | ₹30.00 Cr |
| 4 | Funding expenditure for General Corporate Purposes. | ₹5.02 Cr |
| 5 | Offer expenses | ₹4.08 Cr |
| 6 | Total | ₹52.00 Cr |
IPO UPDATE ALERTS
Register for IPO Updates →Track SMR Jewels without missing an update
Register for subscription, GMP, allotment and listing notifications.