ilmscore | Prediction Details
"48.9 crores up to that money it is going to be used for their working capital requirements and up to 41.83 crores it is going to be used for prepayment or repayment of certain borrowings"
By CA Rachana Phadke Ranade | September 23, 2025 | Correct
From video
True Colors IPO Explained | SME IPO | CA Rachana Ranade 00:09:31 - 00:09:45
Interpreted Prediction
A significant portion of the IPO proceeds for True Colors Limited will be allocated to working capital (48.9 crores) and repayment of borrowings (41.83 crores).
AI Evaluation Notes
According to information available online, True Colors Limited, now known as Purple Care Limited, did allocate a significant portion of its IPO proceeds to working capital and repayment of borrowings, as stated in the prediction. The IPO prospectus confirms the allocation of funds to these purposes.

Prediction Details

Topic
True Colors Limited IPO Use of Funds

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.