3C IT Solutions

Expand its Current Business Relationships.

Enhanced and customized innovative service offerings.

Maintaining strategic focus on the Indian market.

Continuous innovation.

Competitive pricing - cost reduction and time efficiency.

Enhancing operating effectiveness and efficiency.

Established and proven track record.

High standard of product quality and customer service.

Reputation.

Operation Methodology.

Offering a variety of products to meet the needs of different customers.

Experienced promoters and management team.

The Company, Promoters as well as its Directors are party to certain litigation and tax proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

If the company fail to attract and retain highly skilled and qualified personnel, the company may not have the necessary resources to properly staff projects, and failure to successfully compete for such personnel could materially adversely affect its business, financial condition and results of operations.

The company faces competition in its business from organized and unorganized players, which may adversely affect its business operation and financial condition.

Its revenue is dependent on domestic market and the company does not have any export revenue. Any adverse changes in the conditions affecting domestic market could adversely affect its business, results of operations and financial condition.

The COVID-19 pandemic has had, and is expected to have, a material adverse effect on its business, financial condition, results of operations and cash flows.

The company is substantially reliant on procuring third-party products from a limited number of suppliers in accordance with customer demands and specifications. Failure to expeditiously augment its existing product portfolio in response to evolving industry requisites may have an adverse impact on its operational performance. The incapacity of the company suppliers to furnish these products in requisite quantities, within stipulated timeframes, and in conformity with specified quality standards and technical specifications, holds the potential to detrimentally affect its business operations and its capacity to fulfill orders punctually.

The company promoters, directors, key managerial personnel and senior management play key role in its functioning and the company heavily relies on their knowledge and experience in operating its business and therefore, it is critical for the company business that they remain associated with it. The loss of any key team member may adversely affect its business and result of operations.

The company does not own its Registered Office and have taken the same on leave and license basis. Any revocation or adverse changes in the terms of the leave and license may have an adverse effect on its business, prospects, results of operations and financial condition.

If the company is not successful in executing its growth strategies, its business and results of operations may suffer.

The restated financial statements have been provided by peer reviewed chartered accountants who are not statutory auditor of the Company.

The Company logo "3CIT" is not registered with Registrar of Trademark; any infringement of its brand name or failure to get it registered may adversely affect its business. Further, any kind of negative publicity or misuse of its brand name could hamper its brand building efforts and the company future growth strategy could be adversely affected.

The company has entered into certain related party transactions in the past and may continue to do so in the future.

Its insurance coverage may not adequately protect the company from all material risks and liabilities.

The Company has several Contingent Liability and Commitments which if materialize could affect its financial position.

Its Promoters will retain majority shareholding in the Company following the Offer, which will allow them to exercise significant influence over it and may cause the company to take actions that are not in its or your best interest.

Its Promoters and certain of the company directors may have interest in entities, which are engaged in lines of business similar to that of the Company. Any conflict of interest which may occur between its business and the activities undertaken by such entities could adversely affect its business and prospects.

Failure to offer client support in a timely and effective manner may adversely affect its relationships with the company clients.

Its inability to obtain, renew or maintain the company statutory and regulatory permits and approvals required to operate its business may have a material adverse effect on the company`s business, financial condition and results of operations.

Interruptions or performance problems associated with its technology and infrastructure may harm the company business and results of operations.

If the company is unable to source business opportunities effectively, its may not achieve the company financial objectives.

Its actual results could differ from the estimates and projections used to prepare its financial statements.

If the company fail to maintain an effective system of internal controls, its may not be able to successfully manage, or accurately report, its financial risks.

The company may not be successful in executing its strategy to increase sales of the company offerings to new and existing large enterprise clients, its operating results may suffer.

Industry information included in this Draft Prospectus has been derived from industry reports provided by third-party. There can be no assurance that such third-party statistical, financial and other industry information is either complete or accurate.

In the event there is any delay in the completion of the Offer, there would be a corresponding delay in the completion of the objects / schedule of implementation of this Offer which would in turn affect its revenues and results of operations.

Any IT system failures or lapses on part of any of its employees may lead to operational interruption, liabilities or reputational harm.

Most of its business operations are in and from the state of Maharashtra. Due to this geographic concentration of its business operations, the company results of operations and growth might be restricted to the economic and demographic conditions of Maharashtra. The company is subject to risks associated with expansion into new geographic regions.

There are certain discrepancies in some of its corporate records relating to forms filed with the Registrar of Companies.

Out of the total debtors of Rs. 8.76 Crores, 2.068 Crores is outstanding for more than one year.

The Company has experienced sharp reduction in the sales in the FY 2023-24.

The Company has only one listed peer group Company which is of comparable size and working on similar lines with regards to the business model.

The company is exposed to the risk of delays or non-payment by its clients and other counterparties, which may also result in cash flow mismatches.

Its operations could be adversely affected by disputes with employees.

The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

Deployment of funds raised through this issue not subject to any monitoring agency.

Non-appraisal of estimates by any third party/bank/institutions.

Unsecured loans taken by the Company can be recalled at any time.

An investment in the Equity Shares is subject to general risk related to investments in Indian Companies.

Any variation in the utilization of the Net Proceeds of the Offer as disclosed in this Prospectus shall be subject to certain compliance requirements, including prior Shareholders` approval.

The Offer Price of the Equity Shares may not be indicative of the market price of the Equity Shares after the Offer.

The Company will not receive any proceeds from the Offer for Sale.

The Equity Shares have never been publicly traded, and, after the Offer, the Equity Shares may experience price and volume fluctuations, and an active trading market for the Equity Shares may not develop. Further, the price of the Equity Shares may be volatile, and you may be unable to resell the Equity Shares at or above the Offer Price, or at all.

There is no guarantee that the Equity Shares offered pursuant to the Offer will be listed on the BSE SME in a timely manner or at all.

Any future issuance of Equity Shares may dilute your shareholding and sale of its Equity Shares by the company Promoters or other shareholders may adversely affect the trading price of the Equity Shares.

There are restrictions on daily weekly monthly movement in the price of the equity shares, which may adversely affect the shareholder`s ability to sell for the price at which it can sell, equity shares at a particular point in time.

You may be subject to Indian taxes arising out of capital gains on the sale of the Equity Shares.

The price of its Equity Shares may be volatile, or an active trading market for its Equity Shares may not develop.

Significant differences exist between Indian GAAP and other accounting principles, such as US GAAP and IFRS, which may be material to investors assessments of the Company`s financial condition. Our failure to successfully adopt IFRS may have an adverse effect on the price of its Equity Shares. The proposed adoption of IFRS could result in the company financial condition and results of operations appearing materially different than under Indian GAAP.

Foreign investors are subject to foreign investment restrictions under Indian law that limits its ability to attract foreign investors, which may adversely impact the market price of the Equity Shares.

Foreign investors are subject to foreign investment restrictions under Indian law that limits its ability to attract foreign investors, which may adversely impact the market price of the Equity Shares.

Rights of shareholders under Indian law may be more limited than under the laws of other jurisdictions.

Its future funds requirements, in the form of fresh issue of capital or securities and/or loans taken by us, may be prejudicial to the interest of the shareholders depending upon the terms on which they are eventually raised.

Fluctuations in the exchange rate of the Rupee and other currencies could have a material adverse effect on the value of the Equity Shares, independent of its operating results.