ONEINDIG TECHNOLOGIES LIMITED

IPO Objectives

1. Part finance the cost of establishing new manufacturing facility at Plot No. E – 552 in the Sanand – II Industrial Estate, Hirapur, Taluka Sanand, District Ahmedabad (“Proposed facility”);

2. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company;

3. General corporate purposes.