The main objectives of the issue are to utilize the net proceeds for the following purposes:

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  To finance capital expenditure of ₹2.31 crores for purchasing additional supportive equipment and machinery for the existing manufacturing facility, aiming to fully operationalize both furnaces and scale up production capacity.

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  To part-finance the company's working capital requirements with an allocation of ₹8.50 crores to support business expansion, procure larger raw material inventories, and manage a higher volume of orders.

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  To repay or pre-pay, in full or in part, certain existing borrowings availed by the company, amounting to ₹6.00 crores, to reduce debt servicing costs and strengthen the balance sheet.

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  To allocate up to ₹3.33 crores towards general corporate purposes, which may include strategic initiatives, brand building, strengthening infrastructure, and other business requirements.