The objects of the Issue are:1) To expand existing business by establishing retail outlets at Tuticorin, Dindigul, Theni, Nagercoil,Tirunelveli, Kovilpatti and Sivakasi and to renovate the existing outlet at Madurai
2)To meet the working capital requirement
3) To meet the expenses of the Issue
and4) To list the equity shares of the Company on the Stock Exchanges