Analysis and Insights into the world of IPOs and investing in India

Friday, June 6, 2008

First Winner IPO - Objects of the Issue

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for:
  • Setting up of an apparel manufacturing facility;
  • Setting up of new weaving unit;
  • Prepayment of Term Loan and
  • Meeting the Public Issue Expenses.

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