Company: MAGH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001641172-25-014489
Chunk: 297

Company: Magnitude International Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 297
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 1,650,000 ordinary shares in the offering                 
 at the assumed public offering price of USD4.50 per share.                                            |

| F-91 |

<div align='center'>CAPITALIZATION</div>

The following table sets forth our capitalization as of October 31, 2024 presented on:

- an actual basis; and

- on an as adjusted basis to reflect (i) the issuance
and sale of the Ordinary Shares by us in this offering assuming no change to the number of Ordinary Shares offered by us as set forth
on the cover page of this prospectus at an assumed initial public offering price of US$4.50 per Ordinary Share, being the mid-point of
the estimated initial public offering price range set forth on the cover page of this prospectus, after deducting the estimated underwriting
discounts, non-accountable expense allowance and the estimated offering expenses (US$1,120,000) payable by us , (ii) the declaration
by Herlin of a SGD1.1 million interim tax exempt (one-tier) dividend on November 18, 2024 and (iii) the receipt of the proceeds from
issuance of ordinary shares in a subsidiary (BNL) under common control.

|                                                                                                                                     |     | As of October 31, 2024 |            |   |     |     |            |   |     |             |            |   |     |     |            |   |
|:------------------------------------------------------------------------------------------------------------------------------------|:----|:-----------------------|-----------:|:--|:----|:----|-----------:|:--|:----|:------------|-----------:|:--|:----|:----|-----------:|:--|
|                                                                                                                                     |     | Actual                 |            |   |     |     |            |   |     | As adjusted |            |   |     |     |            |   |
|                                                                                                                                     |     | SGD                    |            |   |     | USD |            |   |     | SGD         |            |   |     | USD |            |   |
| Shareholders’ equity:                                                                                                               |     |                        |            |   |     |     |            |   |     |             |            |   |     |     |            |   |
| Ordinary shares, USD0.000025 par value, 20,000,000,000 shares authorized,                                                           
 33,350,000 issued and outstanding as of October 31,