OMARA VENTURES INDIA LIMITED

IPO Objectives

1. Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique;

2. Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of our flagship brand, “OMARA”;

3. Funding towards repayment or prepayment, in full or in part, of borrowings availed by our Company from bank and financial institutions;

4. Funding the long-term working capital requirements of our Company;

5. General Corporate Purposes.