FASCINATE TEXTILES LIMITED

IPO Objectives

1. Our Company proposes to utilize the Net Proceeds from the Issue proceeds of fresh issue to meet thefollowing objects:

2. Funding Capital Expenditure requirement towards setting up additional manufacturing facility.

3. Funding the working capital requirements

4. Prepayment and repayment of all or a portion of certain secured and unsecured loan

5. General Corporate Purpose; and

6. To meet the Offer expenses