-
The Company is dependent on few numbers of customers and airlines. Loss of any of these customers and airlines will significantly affect its revenues and profitability.
-
The company business involves usage of manpower and any unavailability of the employees or shortage of contract labour or any strikes, work stoppages, increased wage demands by workmen or changes in regulations governing contractual labour may have an adverse impact on its cash flows and results of operations.
-
The company has applied for the registration of the logo ZEAL GLOBAL CORP in the name. If its fail to obtain approval of registration the company brand building efforts may be hampered which might lead to adverse effect on its business.
-
The company insurance coverage may not be adequate to protect it against certain losses and this may have a material adverse effect on its business.
-
Any failure to maintain quality control systems for the company services could have a material adverse effect on its business, reputation, results of operations and financial condition.
-
The fall in cargo volumes and the increase in transport capacity caused freight rates to drop, which may adversely affect its business operation and financial condition.
-
The company face competition in its business from organized and unorganized players, which may adversely affect the company business operation and financial condition.
-
The company do not own registered office and the corporate office which are currently in use by the Company.
-
The Company has delayed in complying with certain statutory provisions under various laws. Such delayed compliance /lapses may attract certain penalties.
-
The company plan to expand into new geographies and may be exposed to significant liability and could lose some or all of the investment in such regions, as a result of which its business, financial condition and results of operations could be adversely affected.
-
The company is dependent on its Promoters, management team, a number of Key Managerial Personnel and persons with technical expertise and the loss of or the company inability to attract or retain such persons could adversely affect its business, results of operations and financial condition.
-
General economic and market conditions in India and globally could have a material adverse effect on its business, financial condition, cash flows, results of operations and prospects.
-
The Objects of the Issue for which funds are being raised, are based on the management estimates and any bank or financial institution or lead manager or any independent agency has not appraised the same. The deployment of funds in the project is entirely at the company discretion, based on the parameters as mentioned in the chapter titles "Objects of the Issue".
-
There are certain outstanding legal proceedings pending against the Company and Directors. Any adverse outcome in any of these proceedings may adversely affect its profitability and reputation and may have an adverse effect on the commpany results of operations and financial condition.
-
The company has certain contingent liabilities, which if materialized may affect its financial condition and results of operations.
-
Major fraud, lapses of internal control or system failures could adversely impact the Company`s business.
-
The company face intense competition in the businesses, which may limit its growth and prospects. The Company faces significant competition from other companies.
-
The LM has relied on declarations, undertakings and affidavits for some of the Directors, Promoter and KMPs to include their details in this Draft Prospectus.
-
Industry information included in this Draft Prospectus has been derived from publicly available industry reports and/or websites. There can be no assurance that such third-party statistical financial and other industry information is either complete or accurate.
-
The company inability to manage growth could disrupt its business and reduce the profitability. The company propose to expand its business activities in coming financial years.
-
If The company is unable to source business opportunities effectively, Its may not achieve of the financial objectives.
-
The Company has a limited number of airlines. Any kind of refusal from them can hinder its services resulting into loss of the clients.
-
Delays or defaults in payments from the clients could result into a constraint on its cash flows. The efficiency and growth of the company business depends on timely payments received from its clients.
-
The continuing impact of the COVID-19 pandemic on its business and operations is uncertain and it may be significant and continue to have an adverse effect on the company business, operations and its future financial performance.
-
The company is subject to restrictive covenants under the financing agreements that could limit the flexibility its have to manage the company business.
-
The company business is primarily dependent upon a continuing relationship with IATA Agents for sales of the services. Any reduction or interruption in the business of these IATA Agents, or a substantial decrease in orders placed by these IATA Agents may have an adverse impact on the revenues and operations of the Company. Further, we do not have any long-term or exclusive arrangements with dealers or distributors for selling its services.
-
The company inability to collect receivables and default in payment from its customers could result in the reduction of the profits and affect the company cash flows.
-
The company inability to identify and understand evolving industry trends and consumer preferences, and to provide new services to meet the customers` demands may adversely affect its business.
-
After the completion of the Issue, The Promoters along with the Promoter Group will continue to collectively hold substantial shareholding in the Company.
-
Certain Promoters and Directors are interested in the Company`s performance in addition to their remuneration and reimbursement of expenses.
-
Any future acquisitions, joint ventures, partnerships, strategic alliances, tie-ups or investments could fail to achieve expected synergies and may disrupt the company business and harm the results of operations and its financial condition.