Sungarner Energ.

Improving operational efficiencies.

Expand geographical reach.

Strengthening its brand.

Training its employees.

To build-up a professional organization.

Future Business Plan.

Good track record;

Government support to Power industry.

Leveraging the experience of its Promoters;

Experienced management team and a motivated and efficient work force;

Cordial relations with its consumers;

Quality assurance and control.

The company don`t have long term contracts with its suppliers and therefore, there may be potential unavailability of raw materials in future which may adversely affect the company business operations.

The company present promoters of the Company are first generation entrepreneurs.

The company unable to work on its full potential and utilized its full capacity for the production and manufacturing of products.

The company derive its significant amount of revenue form the manufacturing Solar Inverter and batteries. Any fall in demand of Solar Inverter and batteries may adversely affect the company business operations.

The Company has negative cash flows from its operating activities, investing activities and the company financing activities in the current and past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

The company business is depends on developing and maintaining continuing relationships with its clients/customers. The company top Five customers contribute majority of its revenues from operations. Any loss of business from one or more of them may adversely affect the company revenues and profitability.

The company has issued certain equity shares within last twelve months at a price lower than the issue price (other than bonus issue).

The company operate in a competitive industry and any failure to compete effectively may result in a decline in its market share.

The Company has availed certain unsecured loan facility amounting to Rs. 4.77 Lakhs that may be recallable on demand by the lender at any point of time.

The company operations are subject to high working capital requirements. Its inability to maintain sufficient cash flow, credit facilities and other sources of funding, in a timely manner, or at all, to meet requirement of working capital or pay out debts, could adversely affect the company operations.

The company don`t have own the premises in which its registered office is located and the same is on lease arrangement. Any termination of such lease/ license and/or non-renewal thereof and attachment by Property Owne could adversely affect the company operations.

The Company has applied for trademark "Vault Daudegi Zindagi" which has not been registered under the Trade Marks Act, 1999.

The company may not have sufficient insurance coverage to cover all possible losses.

Removal/ exemption/ elimination/ expiration of government subsidies and economic incentives to promote solar energy and domestic production could reduce demand for the company solar modules.

Technological changes, evolving customer requirements and emerging industry trends may affect the company business, may render its current technologies obsolete and may require it to make substantial capital investments.

The company results of operations could be adversely affected by a disruption of operations at its manufacturing facilities.

The average cost of acquisition of Equity Shares by the company Promoter is lower than the issue price.

Some of the company Directors (including promoter) hold equity shares in the company and therefore interested in the company`s performance in addition to their remuneration and reimbursement of expenses.

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

The Company may incur penalties or liabilities for non-compliances with certain provisions of the Companies Act and other applicable laws in the last three (3) Years.

The company may not be able to achieve its financial objectives, in case of failure to target or attract the better business opportunities effectively.

The company Promoters and members of the Promoter Group will continue jointly to retain majority control over the Company even after the completion of the Issue which will allow them to determine the outcome of matters submitted to shareholders for approval.

The company success depends largely on its senior management and other key personnel and the company ability to attract and retain them.

Fluctuations in prices of raw material and if the company is unable to maintain appropriate time span between procurement and selling of its product it may cause losses.

The company results of operations could be adversely affected by strikes, work stoppages or increased wage demands by its employees or any other kind of disputes with the employees.

Certain Agreements, deeds or licenses may be in the previous name of the company.

The Objects of the Issue for which funds are being raised, are based on the company management estimates and any bank or financial institution or any independent agency has not appraised the same. The deployment of funds in the project is entirely at its discretion, based on the parameters as mentioned in the chapter titles "Objects of the Issue".

There is no monitoring agency appointed by the Company and the deployments of funds are at the discretion of its Management and the Board of Directors, though it shall be monitored by the Audit Committee.

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 the company financing arrangements.

The company future funds requirements, in the form of fresh issue of capital or securities and/or loans taken by it, may be prejudicial to the interest of the shareholders depending upon the terms on which they are eventually raised.

Delay in raising funds from the IPO could adversely impact the growth rate.

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

The company cannot assure you that its equity shares will be listed on the NSE Emerge in a timely manner or at all, which may restrict your ability to dispose of the equity shares.

Sale of Equity Shares by the company Promoters or other significant shareholder(s) or any future issue of Equity Shares may dilute your shareholding and adversely affect the trading price of the Equity Shares.

The company may not be successful in implementing the company business strategies.

The company operate in highly competitive markets and its inability to compete effectively may lead to lower market share or reduced operating margins, and adversely affect the company results of operations.

Industry information included in this Draft Prospectus has been derived from industry reports commissioned by it for such purpose. There can be no assurance that such third-party statistical financial and other industry information is either complete or accurate.

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.

After this Issue, the price of the Equity Shares may be highly volatile, or an active trading market for the Equity Shares may not develop.

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