Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Payment towards deposit/ advanced lease rental and monthly lease payments to stepdown subsidiary, Baycruise Shipping and Leasing (IFSC) Pvt.Ltd. (Baycruise IFSC). | ₹480.01 Cr |
| 2 | General Corporate Purposes | ₹76.63 Cr |
| 3 | Issue Expenses | ₹28.36 Cr |
| 4 | Total | ₹585.00 Cr |