Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding Capital Expenditure for expansion of New Retail Network by launching 15 Exclusive Brand Outlets (EBOs) and Multi-Brand Outlets (MBOs) | ₹27.90 Cr |
| 2 | Working Capital Requirements for New EBOs and MBOs | ₹11.78 Cr |
| 3 | Working Capital Requirements for Existing EBOs and MBOs | ₹26.72 Cr |
| 4 | General Corporate Expenses | ₹8.16 Cr |
| 5 | Issue Expenses | ₹11.52 Cr |
| 6 | Total | ₹86.09 Cr |