IPO Details

Objectives

• •Capital expenditure for fit-outs of new offline and hybrid centers of our Company (₹460.55 Cr).
• •Expenditure towards lease payments of existing identified offline and hybrid centers operated by our Company (₹548.31 Cr).
• •Capital expenditure for fit-outs of new offline centers of Xylem (₹31.65 Cr).
• •Lease payments for Xylem’s existing identified offline centers and hostels (₹15.52 Cr).
• •Investment in our Subsidiary, Utkarsh Classes & Edutech Private Limited for expenditure towards lease payments for Utkarsh Classes’ existing identified offline centers (₹33.70 Cr).
• •Expenditure towards server and cloud related infrastructure costs (₹200.11 Cr).
• •Expenditure towards marketing initiatives (₹710.00 Cr).
• •Acquisition of additional shareholding in our Subsidiary, Utkarsh Classes & Edutech Private Limited (₹26.50 Cr).
• •Funding inorganic growth through unidentified acquisitions and general corporate purposes.