-
The Company, Promoters, Promoters Group and Group Companies are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various courts and regulatory authorities. Any adverse decision may make us liable to liabilities/ penalties and may adversely affect its reputation, business and financial status.
-
The title deeds of immovable properties shown in the financial statements of the Company are not held in the name of the Company and we are not sure the same will be transferred in the name of the Company in future or at all.
-
The company derives a significant portion of its revenue from its IT Infrastructure solutions. Therefore, factors that adversely affect the demand for such IT Infrastructure solutions or the company position and reputation as a provider of such IT Infrastructure solutions may adversely affect its business and results of operations.
-
Interruptions or delays in service from its third-party providers could impair the company service delivery model, which could result in customer dissatisfaction and a reduction of its revenue.
-
Certain of its customer contracts are subject to bank guarantees, which, if invoked, could adversely impact the company revenue and profitability.
-
The company face risks associated with currency exchange rate fluctuations.
-
Increase in the cost of, or a shortfall in the availability of IT Equipment`s could have an adverse effect on its business, results of operations and financial condition.
-
If the company is cannot attract and retain highly-skilled IT professionals, the company ability to obtain, manage and staff new projects and to continue to expand existing projects may result in loss of revenue and an inability to expand its business.
-
Substantial portion of its revenues has been dependent upon limited number of customers.
-
The Company is dependent on few numbers of suppliers for purchase of product. Loss of any of this large suppliers may affect its business operations.
-
The company export sale subject it to additional risks that can adversely affect the company results of operations.
-
There are certain discrepancies and non- compliances noticed in some of its financial reporting and/or records relating to filing of returns and deposit of statutory dues with the taxation and other statutory authorities.
-
The Company has several Contingent Liability and Commitments which if materialize could affect its financial position.
-
The company`s business is highly dependent on technology and any disruption or failure of its technology systems may affect the company operations.
-
The Company operates under several statutory and regulatory permits, licenses and approvals. Its failure to obtain and/or renew any approvals or licenses in future may have an adverse impact on its business operations.
-
The company individual Promoters plays key role in its functioning and its heavily relies on their knowledge and experience in operating its business and therefore, it is critical for the company business that its Promoter and Executive Directors remain associated with it. The company success also depends upon the services of its key managerial personnel and its ability to attract and retain key managerial personnel and the company inability to attract them may affect its operations.
-
The company insurance coverage may not be adequate to protect it against certain operating hazards and this may have a material adverse effect on its business.
-
The company failure to perform in accordance with the standards prescribed in work order of its client could result in loss of business or compensation payment.
-
The company has availed a credit facility from bank and it is subject to certain restrictive covenants. Any Delay in issuing No Objection Certificate for the proposed issue may delay its proposed Initial public offering.
-
Its ability to attract, train and retain executives and other qualified employees is critical to its business, results of operations and future growth.
-
The company investments in human capital and technology may not yield the intended results.
-
The Company requires significant amount of working capital for a continued growth. its inability to meet the company working capital requirements may have an adverse effect on its results of operations.
-
Inability to effectively manage its growth and related issues could materially and adversely affect its business and impact the company future financial performance.
-
Clients may delay or default in making payments for services which could affect the cash-flows and liquidity of the Company.
-
The company may be liable to its clients for damages caused by system failures, disclosure of confidential information or data security breaches, which could harm its reputation and cause it to lose clients.
-
In addition to normal remuneration, other benefits and reimbursement of expenses to the company Promoters and Directors; they are interested to the extent of their shareholding and dividend entitlement thereon in the Company and for the transactions entered into between the Company and themselves as well as between the Company and its Group Companies/Entities. The Company in future may enter in related party transactions subject to necessary compliances.
-
The average cost of acquisition of Equity shares by its Promoters is lower than the Issue price.
-
The company could be harmed by employee misconduct or errors that are difficult to detect and any such incidences could adversely affect its financial condition, results of operations and reputation.
-
The company revenues and profitability vary across its business verticals, thereby making the company future financial results less predictable.
-
The company Promoters and members of the Promoter Group will continue jointly to retain majority control over the Company after the Issue, which will allow them to determine the outcome of matters submitted to shareholders for approval.
-
There is no monitoring agency appointed by Our Company to monitor the utilization of the Issue proceeds.
-
Industry information included in this draft prospectus has been derived from industry reports. There can be no assurance that such third-party statistical, financial and other industry information is either complete or accurate.
-
Within the parameters as mentioned in the chapter titled "Objects of this Issue" of this draft prospectus, our Company`s management will have flexibility in applying the proceeds of this Issue. The fund requirement and deployment mentioned in the Objects of this Issue have not been appraised by any bank or financial institution.
-
The company has not identified any alternate source of raising the funds required for the object of the Issue and the deployment of funds is entirely at its discretion and as per the details mentioned in the section titled "Objects of the Issue".
-
Any variation in the utilization of the Net Proceeds as disclosed in this Draft Prospectus shall be subject to certain compliance requirements, including prior Shareholders` approval.
-
Any future issuance of Equity Shares may dilute your shareholdings, and sale of the Equity Shares by our major shareholders may adversely affect the trading price of our Equity Shares.
-
Its ability to pay dividends in the future will depend upon its future earnings, financial condition, cash flows, working capital requirements, capital expenditure and restrictive covenants in its financing arrangements.
-
Its inability to effectively implement its business and growth strategy may have an adverse effect on the company operation and growth.
-
The requirements of being a public listed company may strain its resources and impose additional requirements.