Greenleaf Envirotech Ltd IPO

Its Enviro-legal consultancy business is limited to the State of Gujarat and the same limits it to generate revenue from consultancy business.

Some of its projects are awarded through the competitive bidding process by government authorities/bodies. The company may not be able to qualify for, compete and win future projects, which could adversely affect its business and results of operations.

The company has not obtained registration for its corporate logo, and failure to protect the company's logo would adversely affect its business, financial condition and results of operations.

The company requires certain approvals, licenses, registration and permits for its business, and the failure to obtain or renew them in a timely manner may adversely affect its operations.

The company may be unable to sufficiently obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.

Its top five customers contribute majority of the company revenues from operations. Any loss of business from one or more of them may adversely affect its revenues and profitability.

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

The company relies on its in-house designing, engineering and construction teams for project execution. Loss of employee(s) may have an adverse effect on the execution of its projects.

The company relies on various third parties in the civil construction activities of installing its WWTPs & WSSPs and factors affecting the performance of their obligations could adversely affect its projects.

The Company has in the past entered into related party transactions with its Directors, Promoters and Promoter Group members/ entities, Group Company and may continue to do so in the future. There can be no assurance that such transactions, individually or in the aggregate, will not have an adverse effect on its financial condition and results of operations.