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1. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company from banks;
2. Funding of capital expenditure towards purchase of plant and machineries at the existing Manufacturing Facility situated at located at 18th K M Stone, Chittorgarh Road, Hamirgarh, Bhilwara- 311025 Rajasthan, India; and
3. General Corporate purposes.
Deepank Bhandari
Harshil Nuwal
Sona Polyspin Pvt Ltd
Subhash Chandra Nuwal
Uma Nuwal
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 1.16 |
| Non-Institutional Buyers | 2 |
| Retail Investors | 2.5 |
| Total | 5.66 |
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