Greenhitech

Existing client relationship.

Experienced Promoter and Management Expertise.

Scalable Business Model.

Timely fulfilment of orders.

Eco- friendly products.

Quality Assurance and Standards.

The availability, quality and timely delivery of biofuels is an important factor for its business, any fluctuation, delay or increase in cost may affect its business and prices.

The company may face resistance to change from existing users of conventional fossil fuel.

The company has entered into agreement with parties for operation and maintenance of ethanol plants for its production. Any termination of such agreements may have adverse effect on its business, prospects, results of operations and financial condition.

The company doing business with its customers on purchase order basis and does not have long-term contracts with most of them.

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

Failure to manage its inventory could have an adverse effect on the company net sales, profitability, cash flow and liquidity.

The company requires certain approvals or licenses in the ordinary course of business and the failure to renew, obtain or retain them in a timely manner, or at all, may affect its operations.

There are outstanding legal proceedings involving the Company and Group companies. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

There is fluctuation in revenue from operations and profit margins of the Company in past years. Its inability to pursue its growth strategies successfully or at all, or an inability to manage the company growth, may adversely affect its prospects.

The company has a substantial amount of outstanding indebtedness, which requires significant cash flows to service and are subject to certain conditions and restrictions in terms of its financing arrangements, which restricts its ability to conduct its business and operations in the manner the company desire.

If the company is not successful in managing its growth, its business may be disrupted and the company profitability may be reduced.

Any failure to comply with financial and other restrictive covenants imposed on it under its financing agreements may affect its operational flexibility, business, results of operations and prospects.

The company derives a significant portion of its revenues from its top ten customers. The loss of, or a significant reduction in the revenues the company receive from, one or more of these clients, may adversely affect its business.

Its top ten suppliers contribute majority of its purchases. Any loss of business with one or more of them may adversely affect its business operations and profitability.

Its failure to adapt to technological developments or industry trends could affect the performance and features of its products, and reduce its attractiveness to our customers.

The ethanol manufacturing business is slightly seasonal in its country which effect some portion of its revenue and such seasonality may affect its operating results.

The company has entered into and may enter into related party transactions in the future also.

The company has experienced negative cash flows in the past. Any such negative cash flows in the future could affect its business, results of operations and prospects.

Its ability to pay dividends in the future will depend on the company earnings, financial condition, working capital requirements, capital expenditures and restrictive covenants of its financing arrangements.

The company has recently applied for the registration of its logo. If the company fail to obtain registration its brand building efforts may be hampered which might lead to adverse effect on its business.

The Company has not taken any insurance which may expose the company from potential losses to which its may be subject to risk and this may have a material effect on its business and financial condition.

Its Promoters and Executive Directors hold Equity Shares in the Company and are therefore interested in the Company`s performance in addition to their remuneration and reimbursement of expenses.

The company has been recently incorporated as company and any non-compliance with the provisions of Companies Act, 2013 may attract penalties against the Company which could impact its financial and operational performance and reputation.

The company has in the last 12 months issued Equity Shares at a price that may be at lower than the Issue Price.

Its business is substantially affected by prevailing economic, political and other prevailing conditions in India.

The property used by the Company for the purpose of its operations is not owned by it. Any termination of the relevant rent agreement in connection with such property or its failure to renew the same could adversely affect its operations.

Its lenders have charge over the company movable and immovable properties in respect of finance availed by it.

The company will continue to be controlled by its Promoter and Promoter Group after the completion of the Issue, which will allow them to influence the outcome of matters submitted for approval of its shareholders.

The company has significant ongoing funding requirements and may not be able to raise additional capital in the future. As a result, the company may not be able to respond to business opportunities, challenges or unforeseen circumstances.

The future operating results are difficult to predict and may fluctuate or adversely vary from the past performance.

Any failure to retain and attract additional skilled and unskilled employees, could have a material adverse effect on its business, financial condition and results of operations.

Its continued success is dependent on the company Promoter, senior management and skilled manpower. Its inability to attract and retain key personnel or the loss of services of its Promoter or Managing Director may have an adverse effect on its business prospects.

Its inability to effectively manage the company growth or to successfully implement its business plan and growth strategy could have an effect on its business, results of operations and financial condition.

The company has not independently verified certain data in this Draft Prospectus.

The company is subject to the risk of failure of, or a material weakness in, its internal control systems.

The company is susceptible to risks relating to unionization of its employees employed by it.

Its Promoters / Directors / Key Managerial Personnel(s)and Promoter Group Members have given personal guarantees and properties in relation to certain debt facilities provided to the Company by its lender. In event of default on the debt obligations, the personal guarantees may be invoked thereby adversely affecting its Promoters/ Directors / Key Managerial Personnel(s) ability to manage the affairs of the Company and consequently this may impact its business, prospects, financial condition and results of operations.

Reliance has been placed on affidavits furnished by of its directors for details of their profiles included in this Draft Prospectus.

The unsecured loan availed by the Company from Director, NBFC`s and Banks may be recalled at any given point of time.

The present promoter of the Company are first generation entrepreneurs.

If there is a change in policies related to tax, duties or other such levies applicable to the company, it may affect its results of operations.

Any Penalty or demand raise by statutory authorities in future will affect its financial position of the Company.

The average cost of acquisition of Equity Shares by its Promoters could be lower than the Issue Price.

Portion of its Issue Proceeds are proposed to be utilized for general corporate purposes which constitute [*] of the Issue Proceed. As on date the company has not identified the use of such funds.

The company has not identified any alternate source of raising the working capital mentioned as its `objects of the Issue`. Any shortfall in raising / meeting the same could adversely affect its growth plans, operations and financial performance.

The objects of the Issue for which funds are being raised have not been appraised by any bank or financial institution. The deployment of funds in the project is entirely at the discretion of its management and as per the details mentioned in the section titled - Objects of the Issue. Any revision in the estimates may require it to reschedule its project expenditure and may have a bearing on the company expected revenues and earnings.

The Company`s management will have flexibility in utilizing the Net Proceeds from the Issue. The deployment of the Net Proceeds from the Issue is not subject to any monitoring by any independent agency.

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

Its Equity Shares have never been publicly traded and may experience price and volume fluctuations following the completion of the Issue, an active trading market for the Equity Shares may not develop, the price of its Equity Shares may be volatile and you may be unable to resell your Equity Shares at or above the Issue Price or at all.

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

The Issue Price of its Equity Shares may not be indicative of the market price of its Equity Shares after the Issue and the market price of its 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.

A third party could be prevented from acquiring control of the Company because of anti-takeover provisions under Indian law.

The requirements of being a listed company may strain our resources and distract management.

Its may require further equity issuance, which will lead to dilution of equity and may affect the market price of its Equity Shares or additional funds through incurring debt to satisfy its capital needs, which the company may not be able to procure and any future equity offerings by it.