Maxwell Engineering Solutions Limited

IPO Objectives

1. Financing the capital expenditure requirement towards Purchase of New Machineries & Other utilities for our Manufacturing Facility;

2. Financing the capital expenditure requirement for Construction of New Office Building and Manufacturing facility;

3. Repayment / prepayment, in full or part, of certain outstanding borrowings availed by our Company;

4. Funding working capital requirements of our Company; and

5. General Corporate Purposes.