Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding incremental working capital requirements of Company | ₹5.84 Cr |
| 2 | Setting up a new manufacturing facility at Surat, Gujarat (Proposed facility) | ₹1.93 Cr |
| 3 | Repayment of loan availed by Company | ₹1.84 Cr |
| 4 | General Corporate Purposes | ₹2.02 Cr |
| 5 | Issue expenses | ₹1.82 Cr |
| 6 | Total | ₹13.45 Cr |
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