Requirement of Funds

The proceeds of the Issue after deducting Issue related expenses, are estimated to be Rs. lakhs (the “Net Proceeds”).

The Company proposes to utilise the Net Proceeds from the Issue (“Net Proceeds”) towards the following objects:

1. Repayment/ pre-payment of certain unsecured loans availed from banks and financial institutions by the company,
2. Funding the working capital requirement of the Company; and
3. General corporate purposes.

The Promoters of the Company are Mr. Gunnit Singh Allagh and Mr. Sanchit Allagh

Mr. Gunnit Singh Allagh : his aged 36 years is the Promoter, Chairman and Managing Director of the Company. He has been associated with the Company since incorporation. He holds Bachelor’s Degree of Arts from University of Delhi. He overlooks the working of the department heads of Finance and Marketing. He ensures timely approvals and formulation of financial strategies and budgets, along with its review. He is also responsible for effective and efficient use of marketing strategies for achieving the target sales.

PAN: AHDPA2068E

Passport No: Z3661259

Driving License No: P08032006476707

Aadhaar Card No: 270706005080

Address: S-51, Panshcheel Park, Malviya Nagar, South Delhi, Delhi-110017

Mr. Sanchit Allagh : his aged 34 years is the Promoter, Whole Time Director of the Company. He has been associated with the Company since incorporation. He holds Bachelor’s Degree of Commerce from University of Delhi. He has an experience of about more than 10 years in the industry in which we operate. He has been instrumental in providing innovative, technologically advanced, high quality and durable products to the growing base of Indian consumers.

PAN: AGVPA0217G

Passport No: J0026963

Driving License No: P08062002300403

Aadhaar Card No: 720137102776

Address: C - 104, G/F Anand Niketan, Chanakya Puri New Delhi, Delhi- 110021