Steel City Securities IPO - Objects to the Issue

The funds raised through fresh issue equity in Steel City Securities IPO are proposed to be utilized for:

- Investment in technology upgradation & office infrastructure for expansion of e-governance business;

- Setting up of AADHAR Enrolment centre at all our existing branches;

- Enhancement of Company’s brand through advertising and other brand-building activities;

- Working capital requirement;Meeting the expenses to the Offer; and

- General Corporate Purposes