Slone

Experienced Promoters and Management Team.

Wide range of Products.

Long standing relationship with clients and suppliers.

Quality standards.

Legacy Business Process & Management.

Strong and experienced R&D team.

The company has a very limited operating history as a Company, which may make it difficult for investors to evaluate its historical performance or future prospects.

There have been instances of deficiency in the regulatory filings by the Company. Consequently, its may be subject to regulatory actions and penalties for such delays which may adversely impact its business and financial condition.

The company has issued Equity Shares during the last year at a price that is below the Issue Price and for consideration other than cash.

The company generates a significant percentage of its revenue from few clients. The loss of any one or more of its major clients would have a material adverse effect on the company business operations and profitability.

The Company is dependent on limited number of external suppliers for its product requirements. Any delay or failure on the part of such suppliers to deliver products at acceptable prices, may adversely affect its business, profitability and reputation.

The company operates in highly competitive markets, and fragmented market with low entry barrier.

The Company has reported certain negative cash flows from its operating activity, investing activity and financing activity, details of which are given below. Sustained negative cash flows could impact its growth and business.

If the customers does not procure their requirement of the IT products, or if there is a downward trend in the IT equipment sale business, it could have an adverse effect on its business, results of operations, financial condition and cash flows.

Any variation in the utilization of the Net Proceeds would be subject to certain compliance requirements, including prior shareholders` approval.

The premises where its Registered Office and the company Corporate Office is located, are not owned by it.

The company has incurred indebtedness and an inability to comply with repayment and other covenants in its financing agreements could adversely affect the company`s business and financial condition. Further, certain of its financing agreements involve variable interest rates and an increase in interest rates may adversely affect its results of operations and financial condition.

The company generally doing business with its customers on purchase order basis and do not enter into long term contracts with them. Its inability to maintain relationships with the company customers could have an adverse effect on its business, prospects, results of operations and financial condition.

The company has not entered into any long term or definitive agreements with its Suppliers. Its inability to obtain necessary inventory from the compnay Suppliers in a timely manner, in sufficient quantities and / or at competitive prices could adversely affect its operations, financial condition and / or profitability.

Its business operations are majorly concentrated in Maharashtra region and any adverse developments affecting its operations in Maharashtra could have a significant impact on its revenue and results of operations.

Its Promoters and some of the company Directors have interests in the Company other than the reimbursement of expenses and normal remuneration or benefits. Any such interests may result in a conflict of interest, which may have an adverse effect on its business.

Its business is capital intensive in nature. The company requires funds for its business operations. The company`s inability to raise additional funds when needed, or on terms acceptable to it, could materially and adversely affect its business, financial position and results of operations.

Its inability to provide quality customer service and support may adversely affect its relationships with the company existing and prospective customers, and in turn can adversely impact its business, results of operations and financial condition.

Changes in technology render its current IT equipments obsolete and require the company to make substantial capital investments.

Its business is dependent on the performance of the IT sector in India. Any adverse changes in the conditions affecting Indian market can adversely impact its business, results of operations and financial condition.

The company has not yet applied for registration of its name and logo and the company does not own legally as on date. Its may be unable to adequately protect the company intellectual property. Furthermore, its may be subject to claims alleging breach of third party intellectual property rights.

The prices the company is able to obtain for its products that its trade depend largely on prevailing market prices.

The company may be unable to detect, deter and prevent instances of theft, breakage or damage of its IT equipment installed at the client premises, which may have a material adverse effect on its business, results of operations and financial conditions.

Trade receivables constitute major portion of its assets, the company inability to recover the same can affect its financial position.

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

If the company is unable to establish and maintain an effective system of internal controls and compliances, its business and reputation could be adversely affected.

Its success depends largely upon the knowledge and experience of the company Promoters, other Key Managerial Personnel and Senior Management. Any loss of its key managerial personnel or the company ability to attract and retain them could adversely affect its business, operations and financial condition.

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

The company intend to utilise a portion of the Net Proceeds for funding its capital expenditure requirements. The company is yet to place orders for such capital expenditure.

The deployment of funds raised through this Issue shall not be subject to any Monitoring Agency and shall be purely dependent on the discretion of the management of the Company.

Loans availed by the Company has been secured on personal properties and guarantees of its Promoter Director. The company`s business, financial condition, results of operations, cash flows and prospects may be adversely affected in case of invocation of any personal guarantees provided by its Promoter Director.

The company could be exposed to risks arising from misconduct, fraud and trading errors by its employees and Business Associates.

Security breaches and any disruption to its information technology could adversely impact the company`s business. Its seek to protect its computer systems and network infrastructure from security breaches and other disruptive problems caused by its increased internet connectivity.

Delays or defaults in customer payments could result in a reduction of its profits and cash flows.

The funds proposed to be utilised for general corporate purposes constitute 11.64 % of the Net Issue Proceeds.

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

The requirements of being a public listed company may strain its resources and impose additional requirements.

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

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

There are restrictions on daily movements in the price of the Equity Shares, which may adversely affect a shareholder`s ability to sell, or the price at which it can sell, Equity Shares at a particular point in time.

The shareholders will not be able to sell immediately on Stock Exchange any of the Equity Shares you purchase in the Issue until the Issue receives appropriate trading permissions.

Sale of Equity Shares by its Promoter or other significant shareholder(s) may adversely affect the trading price of the Equity Shares.

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

Any future issuance of Equity Shares may dilute your shareholdings, and sales of the Equity Shares by its major shareholders may adversely affect the trading price of the company Equity Shares.

The Company has not paid any dividends till now and there can be no assurance that its will pay dividends in future. The company ability to pay dividends in the future will depends upon a variety of factors such as future earnings, financial condition, cash flows, working capital requirements, and restrictive covenants in its financing arrangements.