Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding the capital expenditure towards setting up an assembly line at factory situated at R-364, TTC Industrial Area, Rabale, Mumbai-400701 | ₹5.27 Cr |
| 2 | Funding the working capital requirement of our Company. | ₹6.71 Cr |
| 3 | Repayment and/or pre-payment, in full or part, of borrowing availed by our Company. | ₹1.89 Cr |
| 4 | General Corporate Purposes | ₹2.94 Cr |
| 5 | Issue Expenses | ₹3.03 Cr |
| 6 | Total | ₹19.84 Cr |