Aniket Nikumb

Yes, thank you for the opportunity sir and congratulations on a successful IPO. Sir, you’ve mentioned in the presentation that we are targeting INR1.2 billion of cumulative capex for next year. Now, if my math is right, I think we have around INR4,700 odd crores of equity capital with the IPO.

Perfect, sir. No, that's very helpful. My second question, sir, was, typically, as you think of project timelines and so on, would you be able to tell us, just as a rule of thumb, how long does a project take to get commissioned? And then how long does it take for things to ramp up to what you might call a steady state utilization?

Got it, sir. No, very helpful, sir. Thanks so much.

Congratulations on a great set of numbers, sir. My first question was maybe just picking up from the previous participant. In this quarter and in the 9 months, we've delivered sort of low 20s type margin already. So just wanted to check if some of our init iatives that we have talked about in terms of cranes and other sort of in -sourcing has started to be implemented and it is in the numbers already.

Got it, sir. Very clear. My second question was maybe if you can comment a little bit on how are you thinking about your order book and participating in various tenders and so on because obviously, you are already sort of "sold out" for the next 2 years. S o how do customers view that? And how does that dynamic work? If you can give some qualitative comments on that, that will be helpful.