Wide product portfolio having applications across various customer segments.
Wide network of dealer and distribution channel.
Having required certifications and approvals of end user.
Efficient Marketing Practices.
Well established relationship with clients.
Leveraging the experience of its Promoters and Directors.
The Company has acquired the business of M/s MNT Technologies (sole - proprietorship firm of one of its Promoters)
thus the company have limited operating history as a Company. Its limited history as a Company can make it difficult for investors
to evaluate the company historical performance or future prospects and any future acquisition(s) can result in operating
difficulties, integration issues and other adverses consequences.
The company are highly dependent on certain customers for a substantial portion of its revenues. Loss of relationship with any
of these customers may have a material adverses effect on the company profitability and results of operations.
The company business and profitability heavily relies on the consistent and timely availability of products. Any disruption in supply
or price volatility of these products can negatively impact its operations and financial health. Additionally, the company
dependence on third-party manufacturers/suppliers/vendors, without firm supply commitments or exclusives
arrangements, poses a risk. The loss of any suppliers could adversely affect the company business, operational outcomes, and
financial condition.
Its future growth is dependent upon the company ability to identify and maintain new products, technologies and customers that
achieves market acceptances with acceptable margins.
The company business is dependent on global suppliers/manufacturers effectively maintaining, promoting or developing their
brands and maintaining standard quality products including launching new AV (Audio-Video) products and services
robots at regular intervals.
The Company, Promoters, Directors, KMP and SMP are involved in certain legal proceedings and litigations. Any adverses
decision in such proceedings may render its/them liable to liabilities/penalties which may adversely affect the company business,
financial condition and results of operations.
The company revenues is heavily reliant on its operations within certain geographical regions. Any adverses developments, such
as economic downturns, political instability, or natural disasters, in these regions could significantly impact its revenues
and overall financial performance. Additionally, any disruption, breakdown or shutdown of the company operating facilities
concentrated in Gujarat, may also have a material adverses effect on its business, financial condition, results of
operations and cash flow.
Majority of the company revenues from operations is derived from one segment i.e. providing Audio-Video Solutions to the company clients.
Any disruption in the continuous supply from its vendors would have a material adverse effect on the company business, results
of operations and financial.
The company could be subject to product liability claims, refunds and recalls or return of products, warranty claims which may
have a material adverses impact, in which case its business and revenues, and ultimately the company reputation, could be
negatively affected.
The company Restated Financial Statements for the financial year ended March 31, 2023, the period ended February 20, 2024,
the financial year ended March 31, 2024 (consolidated financial statements of MNT Technologies and Nanta Tech
Limited), and the financial year ended March 31, 2025, as included in this Red Herring Prospectus, have undergones
certain modifications and updates.