According to media reports, the proceeds of the issue will be utilised towards funding working capital requirements and other general corporate purposes. As of September 30, 2016, Nakshatra World had eight manufacturing units across Mumbai, Jaipur, Surat and Hyderabad and a distribution network that spans 290 cities and towns in India, with more than 1,644 points of sale. The international network includes 890 points of sale located across China, Singapore, Thailand, Malaysia, Indonesia, UAE, Saudi Arabia and Qatar.