Syncom Healthcare Limited IPO - Objects of the Issue

The Objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital for the following purposes:

1. To set up our new manufacturing unit at Indore SEZ for manufacturing of various pharmaceuticals formulations;
2. To undertake the upgradation/modernization of manufacturing facilities at Dehradun Plant;
3. To Meet Working Capital Requirements;
4. To set up an Export Office at Mumbai;
5. To undertake “Brand & Product Registration and Approval”;
6. To meet General Corporate Purpose; and
7. To meet Issue Expenses.