Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Repayment / prepayment, in full or part, of certain outstanding borrowings availed by the Company | ₹204.60 Cr |
| 2 | Funding the working capital requirements of the Company | ₹177.00 Cr |
| 3 | Investment in the Subsidiary, Buildmex-Infra Pvt.Ltd., for funding its working capital requirements | ₹48.00 Cr |
| 4 | General corporate purposes and Unidentified Inorganic Acquisitions | ₹31.84 Cr |
| 5 | Issue Expenses | ₹38.15 Cr |
| 6 | Total | ₹499.60 Cr |