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The Company, its Promoters and its Directors are involved in litigation proceedings that may have
a material adverse outcome.
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The Company, its Promoters,and its Directors are involved in litigation proceedings that may have a material adverse outcome.
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The Company requires certain statutory and regulatory approvals for conducting its business
and the company failure to obtain, retain or renew them in a timely manner, or at all, may adversely affect its operations.
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The Company requires certain statutory and regulatory approvals for conducting its business
and the company failure to obtain, retain or renew them in a timely manner, or at all, may adversely affect
its operations.
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The company may be unable to sufficiently obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.
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The company may be unable to sufficiently obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.
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The company`s top 10 customers contribute approximately 14.09%, 5.57%, 8.01% and 10.43% of its revenues for six months period ended September 30, 2022, financial year ended March 31, 2022,
Financial year ended March 31, 2021 and Financial year ended March 31, 2020 respectively. Any
loss of business from one or more of them may adversely affect its revenues and profitability.
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The company top 10 customers contribute approximately 14.09%, 5.57%, 8.01% and 10.43% of its revenues for six months period ended September 30, 2022, financial year ended March 31, 2022, Financial year ended March 31, 2021 and Financial year ended March 31, 2020 respectively. Any loss of business from one or more of them may adversely affect the company revenues and profitability.
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The Company has not been able to file certain filings with the Registrar of Companies.
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The Company has not been able to file certain filings with the Registrar of Companies.
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The company may face competition from a number of international and domestic third-party logistics
companies, which may adversely affect its market position and business.
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The company may face competition from a number of international and domestic third-party logistics
companies, which may adversely affect its market position and business.
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The company profitability and results of operations may be adversely affected in the event of increases in the carrier cost, labour or other costs.
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The company profitability and results of operations may be adversely affected in the event of increases in the carrier cost, labour or other costs.
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The company deal in clearance and transportation of hazardous goods, in case of any accident involving hazardous goods; its may be liable for damages and subsequent litigations.
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The company deal in clearance and transportation of hazardous goods, in case of any accident involving hazardous goods; its may be liable for damages and subsequent litigations.
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The Company does not have any long-term contracts with any of shipping lines, transporters,
custom clearance agents etc. which may adversely affect its results of operations.
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The Company does not have any long-term contracts with any of shipping lines, transporters, custom clearance agents etc. which may adversely affect its results of operations.
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The Company may not be able to deliver the cargo on timely basis due to which its could become
liable to claims by the customers, suffer adverse publicity and incur substantial cost as result of
deficiency in the company service which could adversely affect its results of operations.
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The Company may not be able to deliver the cargo on timely basis due to which we could become
liable to claims by its customers, suffer adverse publicity and incur substantial cost as result of
deficiency in the company service which could adversely affect its results of operations.
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A few of the company properties including Registered Office of the Company, are not owned by it. In the event, its unable to renew the lease/rent agreements, or if such agreements are terminated, its may suffer a disruption in the company operations.
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A few of our properties including Registered Office of our Company, are not owned by us. In the
event, we are unable to renew the lease/rent agreements, or if such agreements are terminated,
we may suffer a disruption in our operations.
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The company freight forwarding business depends upon its network of overseas agents for fulfilment of logistics needs of the company customers. Its inability to maintain its relationships with the company overseas sales agents or deficiency in the service provided by such agents may adversely affect its revenues and profitability.
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Our freight forwarding business depends upon our network of overseas agents for fulfilment of
logistics needs of our customers. Our inability to maintain our relationships with our overseas
sales agents or deficiency in the service provided by such agents may adversely affect our revenues
and profitability.
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Our business is dependent on the road network in India and our ability to utilise the owned as well as hired vehicles in an uninterrupted manner. Any disruptions or delays in this regard could adversely affect us and lead to a loss of reputation and/ or profitability.
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The company`s business is dependent on the road network in India and its ability to utilise the owned as well as hired vehicles in an uninterrupted manner. Any disruptions or delays in this regard could adversely affect it and lead to a loss of reputation and/ or profitability.
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Breakdown, Mishaps or accidents could result in a loss or slowdown in operations and could also
cause damage to life and property.
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Break down, Mishaps or accidents could result in a loss or slowdown in operations and could also
cause damage to life and property.
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The Company is yet to file Form with RoC for satisfaction of Charge under the Companies Act.
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Our Company is yet to file Form with RoC for satisfaction of Charge under the Companies Act.
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Some of the company corporate records and forms filed with the Registrar of Companies are not traceable.
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Some of our corporate records and forms filed with the Registrar of Companies are not traceable.
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Failure in maintaining the requisite standard for storage of perishable products stored in its
warehouse or transported by it could have a negative effect on its business.
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Failure in maintaining the requisite standard for storage of perishable products stored in our
warehouse or transported by us could have a negative effect on our business.
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The company is also engaged in the business of Heavy Lift Transportation. In case of non- identification of efficient method of transporting or not obtaining statutory permissions in this regard, its operations and profitability could be adversely affected.
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We are also engaged in the business of Heavy Lift Transportation. In case of non-identification
of efficient method of transporting or not obtaining statutory permissions in this regard, our operations and profitability could be adversely affected.
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The company may be unable to attract, recruit and retain employees with the requisite skills such as
experienced drivers may adversely impact its business, results of operations and financial results.
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We may be unable to attract, recruit and retain employees with the requisite skills such as
experienced drivers may adversely impact our business, results of operations and financial results.
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We have experienced negative cash flows in previous years. Any operating losses or negative cash flows in the future could adversely affect our results of operations and financial conditions.
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The company has experienced negative cash flows in previous years. Any operating losses or negative cash flows in the future could adversely affect its results of operations and financial conditions.
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Our diverse and complex multi-location operations subject us to various statutory, legal and regulatory risks.
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The company diverse and complex multi-location operations subject it to various statutory, legal and regulatory risks.
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The company has not received consents from some of the members of the Promoter Group to include their
name in promoter group category.
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We have not received consents from some of the members of the Promoter Group to include their
name in promoter group category.
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The company`s success depends heavily upon its Promoters and Directors for their continuing services, strategic guidance and financial support.
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Our success depends heavily upon our Promoters and Directors for their continuing services, strategic guidance and financial support.
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The company transportation operations depend on its ability to generate sufficient transportation volumes to achieve acceptable profit margins or avoid losses.
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Our transportation operations depend on our ability to generate sufficient transportation volumes to achieve acceptable profit margins or avoid losses.
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Changes in technology may render our current technologies obsolete or require us to undertake
substantial capital investments, which could adversely affect our results of operations.
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Changes in technology may render its current technologies obsolete or require it to undertake
substantial capital investments, which could adversely affect its results of operations.
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In addition to normal remuneration, other benefits and reimbursement of expenses of our Directors (including our Promoter) and Key Management Personnel are interested in our Company to the extent of their shareholding and dividend entitlement in our Company.
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In addition to normal remuneration, other benefits and reimbursement of expenses of its Directors (including the company Promoter) and Key Management Personnel are interested in the
Company to the extent of their shareholding and dividend entitlement in the Company.
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We require high working capital for our smooth day to day operations of business and any discontinuance or our inability to acquire adequate working capital timely and on favourable
terms may have an adverse effect on our operations, profitability and growth prospects.
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The company requires high working capital for its smooth day to day operations of business and any
discontinuance or its inability to acquire adequate working capital timely and on favourable
terms may have an adverse effect on the operations, profitability and growth prospects.
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The Qualification and Experience proof of some of our Promoters & Directors may not be available.
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The Qualification and Experience proof of some of its Promoters & Directors may not be available.
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The Company`s insurance coverage may not be adequate to protect it against all material hazards which may result in disruptions of operations/monetary loss on account of stoppage of work.
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Our Company`s insurance coverage may not be adequate to protect us against all material hazards which may result in disruptions of operations/monetary loss on account of stoppage of work.
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If we are unable to manage our growth effectively or if our estimates or assumptions used in
developing our strategic plan are inaccurate or we are unable to execute our strategic plan effectively, our business and prospects may be materially and adversely affected.
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If the company is unable to manage its growth effectively or if its estimates or assumptions used in developing of the strategic plan are inaccurate or its unable to execute the company strategic plan effectively, its business and prospects may be materially and adversely affected.
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The company Promoter Group will continue to have substantial voting power to influence corporate actions even after the completion of the Public Issue.
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Our Promoter Group will continue to have substantial voting power to influence corporate actions even after the completion of the Public Issue.
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Employee misconduct, errors or fraud could expose it to business risks or losses that could
adversely affect its business prospects, results of operations and financial condition.
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Employee misconduct, errors or fraud could expose us to business risks or losses that could adversely affect our business prospects, results of operations and financial condition.
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Any Penalty or demand raised by statutory authorities in future will affect its financial position of the Company.
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Any Penalty or demand raised by statutory authorities in future will affect our financial position of the Company.
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The company has in the past entered into certain related party transactions and may continue to do so in the future.
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We have in the past entered into certain related party transactions and may continue to do so in
the future.
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Proposed objects of the Issue for which funds are being raised have not been appraised by any
bank or financial institution. Any inability on its part to effectively utilize the Issue proceeds
could adversely affect its financials.
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Proposed objects of the Issue for which funds are being raised have not been appraised by any
bank or financial institution. Any inability on our part to effectively utilize the Issue proceeds
could adversely affect our financials.
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The company 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.
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Our ability to pay dividends in the future will depend upon our future earnings, financial
condition, cash flows, working capital requirements, capital expenditure and restrictive covenants in our financing arrangements.
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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.
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Any future issuance of Equity Shares may dilute your shareholdings, and sale of the Equity
Shares by its major shareholders may adversely affect the trading price of the Equity Shares.
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The Issue Price of our Equity Shares may not be indicative of the market price of our Equity
Shares after the Issue and the market price of our Equity Shares may decline below the Issue
Price and you may not be able to sell your Equity Shares at or above the Issue Price.
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The Issue Price of the company Equity Shares may not be indicative of the market price of the Equity Shares after the Issue and the market price of the company Equity Shares may decline below the Issue Price and you may not be able to sell your Equity Shares at or above the Issue Price.
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The company cannot guarantee the accuracy or completeness of facts and other statistics with respect to India, the Indian economy and industry in which its operate contained in the Draft Prospectus.
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We cannot guarantee the accuracy or completeness of facts and other statistics with respect to
India, the Indian economy and industry in which we operate contained in the Draft Prospectus.
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The company has not made any alternate arrangements for meeting its working capital requirements for the Objects of the Issue. Further the company has not identified any alternate source of financing the `objects of the Issue`. Any shortfall in raising / meeting the same could adversely affect its growth plans, operations and financial performance.
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We have not made any alternate arrangements for meeting our working capital requirements for
the Objects of the Issue. Further we have not identified any alternate source of financing the
�bjects of the Issue`. Any shortfall in raising / meeting the same could adversely affect our
growth plans, operations and financial performance.
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There is no monitoring agency appointed by our Company and the deployment of funds are at the
discretion of our management and our board of Directors, though it shall be monitored by our
Audit Committee.
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The company is no monitoring agency appointed by it and the deployment of funds are at the
discretion of its management and the board of Directors, though it shall be monitored by the company Audit Committee.