Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Purchase and installation of plant and machinery for manufacturing of plasma cutting machines, welding equipment and customised automation systems at the Existing Premises | ₹8.79 Cr |
| 2 | Funding towards long-term working capital requirements | ₹40.00 Cr |
| 3 | General Corporate Purposes | ₹5.50 Cr |
| 4 | Issue Expenses | ₹6.70 Cr |
| 5 | Total | ₹60.98 Cr |