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The company depends on a limited number of customers for a significant portion of its revenue from operations. The loss of any of its major customer due to any adverse development or significant reduction in business from the company major customer may adversely affect its business, financial condition, results of operations and future prospects.
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As there are very limited players in the telecom service provider industry, the company depends on a limited number of customers for tower installation business. Loss of any customer due to any adverse development or significant reduction in business from its major customer may adversely affect its business, financial condition, results of operations and prospects.
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The company has a limited operating history and may be subject to risks inherent in early stage companies, which may make it difficult to evaluate its business and prospects.
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The company has a limited operating history and may be subject to risks inherent in early-stage companies, which may make it difficult to evaluate its business and prospects. The company has incurred losses in the first two fiscal years since its inception. The company expect its operating expense to increase in the foreseeable future, and there is a possibility that its may not achieve profitability.
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The Company is heavily dependent on factors affecting the growth of the business of wireless
telecommunications and FTTH service.
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The company has incurred significant losses since inception except last two fiscal. Its expect the company operating expenses to increase significantly in the foreseeable future, and its may not achieve profitability.
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The company derives majority portion of its revenue from operations from subsidiary. Loss of any of its subsidiary could adversely affect the company`s business, results of operations and financial condition.
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The company is heavily dependent on factors affecting the wireless telecommunications industry in India, in particular the growth of their key customers.
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Its Promoter and directors are party to certain tax proceedings. Any adverse decision in such
proceedings may have a material adverse effect on its business, results of operations and financial
condition.
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Any inability to protect the Company`s possession to the land on which the Company`s towers are located may adversely affect its business and operating results.
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The company derives a significant portion of its revenue from operations from subsidiary. Loss of any of these customers could adversely affect its business, results of operations and financial condition.
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The Company has availed of an unsecured loan from its Corporate Promoter. Any demand for the repayment of such unsecured loan, may adversely affect its cash flow and financial condition.
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Tower sharing market is very new and niche in Indian telecom industry. Entering the market and achieving scalability may be difficult and could disrupt its business and affect the company financial condition.
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A decrease in demand for tower infrastructure in India could materially and adversely affect its
operating results.
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Failures to execute expansion success fully and effectively in its lines of business could disrupt its business and affect the company`s financial condition.
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If the company wireless service provider customers consolidate or merge with each other to a significant degree, its growth, revenue and ability to generate positive cash flows could be adversely affected.
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The Company had negative cash flow during certain fiscal years; details of which are given below. Sustained negative cash flow could adversely impact its business, financial condition, and results of operations.
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A shortage or non-availability or interrupted of essential utilities of electricity could affect its business operations and have an adverse effect on the company`s business, results of operations and financial condition.
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The current geographic concentration of its operations creates an exposure to local economies, regional downturns and severe weather or other catastrophic occurrences.
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Third Party Passive Infrastructure sharing is a new concept in the Indian telecom industry and is to be successfully proven and thus achieving scalability could face problems.
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The Objects of the Offer have not been appraised by any bank or financial institution. Its funding
requirements and proposed deployment of the Net Proceeds are based on management estimates and may be subject to change based on various factors, some of which may be beyond its control. Any variation in the utilization of the Net Proceeds or in the terms of the conditions as disclosed in this Offer Document would be subject to certain compliance requirements, including prior shareholders` approval.
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Failures to successfully and effectively execute expansion in its lines of business could disrupt its business and affect the company`s financial condition.
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The loss of key suppliers or their failures to deliver equipment and material on a timely basis could negatively impact its business prospects and results of operations.
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Any inability to protect its rights to the land/sites on which our towers/poles are located may adversely affect its business and operating results.
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The company faces various types of competitive pressures. Its inability to effectively compete in the Telecom Infrastructure space, will adversely affect its future prospects, results of operations and financial condition.
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The company is required to obtain and maintain various licences and permits for its business. The company`s inability to obtain, renew or maintain its 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.
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New technologies could make its tower/pole leasing business less desirable to potential tenants and
may result in decreasing its revenues.
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The company has working capital requirements and may requires additional capital and financing in the future. Its operations could be curtailed if the company is unable to obtain required additional capital and financing when needed.
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The Company intends to utilize a portion of the Net Proceeds towards funding setting up of Fiber- to-theHome (FTTH) network solutions for 3,00,000 Home Passes and towards Funding setting up of an additional 1000 number of 4G/5G telecom towers. The company is yet to place orders for any materials or equipment for the proposed objects. Delay in schedule of implementation of the proposed objects for which the funds are being raised may subject the Company to risks related to time and cost, which may have a material adverse effect on its business, results of operations and financial condition.
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The success of its business model is subject to the continuance survival and credit worthiness of
telecom operators.
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The implementation of the EMF radiation norms or other similar recommendations on tele communications service providers could affect its business, prospects, results of operations, cash flows and financial condition.
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Its indebtedness, including various conditions and restrictive covenants imposed on it under the company financing agreements and could adversely affect its ability to grow the company`s business or react to changes in its business environment.
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A shortage or non-availability of essential utilities such as electricity could affect its business operations and have an adverse effect on the company`s business, results of operations and financial condition.
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Decrease in demand for telecom sites will affect its operating results.
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The company faces competition from its competitors. The company inability to effectively compete in the telecom infrastructure space, will adversely affect its prospects, results of operations and financial condition.
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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.
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New technologies could make its tower/pole leasing business less desirable to the company clients and may result in decreasing its revenues.
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The Company is currently using the corporate Trademark "SAR" which is a trademark of its Group Company S A R Venture Private Limited`.
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The success of its business model is subject to the continuance survival and credit worthiness of telecom operators.
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The company has working capital requirements and may requires additional financing to meet those
requirements, which could have an adverse effect on its business, results of operations, financial
condition and cash flows.
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The Company is currently using the corporate Trademark "SAR" which is a trademark of S A R Venture Private Limited`.
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There have been delays in payment of certain statutory dues by the Company. While these noncompliances are no longer outstanding, the company cannot assure you that such lapses will not occur in the future, or that its will be able to rectify or mitigate such lapses in a timely manner, or at all.
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There have been delays in payment of certain statutory dues by the Company. While these non- compliances are no longer outstanding, its cannot assure you that such lapses will not occur in the future, or that the company will be able to rectify or mitigate such lapses in a timely manner, or at all.
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Its Directors held the directorship in other entities, which has been struck off by the MCA.
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Its ability to pay dividends in the future will depends upon the company future earnings, financial condition, cash flows, working capital requirements, capital expenditure and restrictive covenants in its financing arrangements.
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Its Directors held the directorship in other entities, which has been struck off by the MCA.
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Deployment of the Net Proceeds of the Fresh Issue are based on management estimates and have not
been independently appraised.
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Its business depends on the company`s senior management. Any change in its senior management may affect its business growth.
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Delay in schedule of implementation of the project for which the funds are being raised in the public
issue may subject the Company to risks related to time and cost which may have a material adverse
effect on its business, results of operations and financial condition.
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The company has in the past entered into related party transactions and may continue to do so in the future.
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The company is subject to various laws and regulations, including environmental and health and safety laws and regulations. If the company fails to obtain, maintain or renew the licenses, permits and approvals required to operate its business, or fail to comply with applicable laws, its business, results of operations and financial condition may be adversely affected.
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Any termination of its contracts with the telecom service providers may have an adverse effect on its business, result of operation and profitability.
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Its Registered Office and Corporate office are located on land parcels that are not owned by it and are held by the company on a leasehold basis. In the event its lose or are unable to renew such leasehold rights, the company`s business, results of operations, financial condition and cash flows may be adversely affected.
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Its ability to pay dividends in the future will depends upon the company future earnings, financial condition, cash flows, working capital requirements, capital expenditure and restrictive covenants in its financing arrangements.
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The company has experienced negative cash flows from operating and investing activities in the past.
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The company is required to obtain and maintain various licences and permits for its business. The company inability to obtain, renew or maintain its 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.
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A decrease in demand for tower infrastructure in India could materially and adversely affect its operating results.
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The company is dependent on its management team and key personnel /senior managerial personnel and the loss of any key team member may adversely affect its business performance.
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The company has in the past entered into related party transactions and may continue to do so in the future, which may potentially involve conflicts of interest.
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Its Registered Office and Corporate office are located on land parcels that are not owned by it and are held by the company on a leasehold basis. In the event the company lose or are unable to renew such leasehold rights, its business, results of operations, financial condition and cash flows may be adversely affected.
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The Company has availed unsecured loans from its Director, some of which may be recalled by the company Director at any time and the Company may not have adequate funds to make timely payments or at all.
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Its Corporate Promoter will continue to retain significant shareholding in the Company after the Offer, which will allow it to exercise control over it.
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Its Corporate Promoter will continue to retain significant shareholding in the Company after the
Issue, which will allow it to exercise control over the company.
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Its insurance policies may not be adequate to cover all losses incurred in its business. An inability to maintain adequate insurance cover to protect it from material adverse incidents in connection with its business may adversely affect its operations and profitability.
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Any variation in the utilisation of the Net Proceeds would be subject to certain compliance
requirements, including prior shareholders` approval.
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Its may not be able to successfully adapt and innovate the company systems, including its internal controls and procedures over financial reporting and even its Information Technology systems, as a result of increasing business complexities and demand.
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Its insurance policies may not be adequate to cover all losses incurred in its business. An inability to maintain adequate insurance cover to protect it from material adverse incidents in connection with its business may adversely affect the company operations and profitability.
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The company may be affected by strikes, work stoppages, or increased wage demands by its employees that could interfere with the company operations.
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Its may be affected by strikes, work stoppages or increased wage demands by the company employees that could interfere with its operations.
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Its may not be successful in implementing the company`s business strategies.
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Its may not be successful in implementing the company`s business strategies.
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Its management will have broad discretion over the use of the Net Proceeds.
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We may be subject to fraud, theft, employee negligence or similar incidents.
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Its may be subject to fraud, theft, employee negligence or similar incidents.
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Certain sections of this Offer Document disclose information from an industry report commissioned by us from CARE Analytics and Advisory Private Limited, which is an independent third-party entity and is not related to the Company, its Promoters or Directors in manner whatsoever. Any reliance on such information for making an investment decision in the Offer is subject to inherent risks.
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Certain sections of this Offer Document disclose information from an industry report commissioned by it from CARE Analytics and Advisory Private Limited, which is an independent third-party entity and is not related to the Company, its Promoters or Directors in manner whatsoever. Any reliance on such information for making an investment decision in the Offer is subject to inherent risks.
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We have issued Equity Shares in the last 12 months at prices that is lower than the Offer Price.
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The company has issued Equity Shares in the last 12 months at prices that is lower than the Offer Price.
