₹130.20 crore. There is no offer-for-sale component.
Also Read: SRM Contractors IPO opens today: GMP, review, subscription status, other details. Apply or not? The company intends to use the net proceeds from the offering to finance the following objectives: covering working capital requirements; repaying existing secured loans in full or in part; participating in joint ventures tailored to particular projects; and general corporate purposes.
Funding will also be provided to cover the capital costs associated with purchasing machinery and equipment. "Exciting news! Mint is now on WhatsApp Channels
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