Akiko Global Services Ltd IPO

Its top ten customers contribute approximately 93.26% of the company revenues for the financial year ended March 31, 2023. Any loss of business from one or more of them may adversely affect its revenues and profitability.

The company does not own its Registered Office from which its operate and the same is on rental basis. If the company is required to vacate the same, due to any reason whatsoever, it may adversely affect its business operations.

The average cost of acquisition of Equity Shares held by its Promoters is lower than the Issue Price.

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

Its logo `The money fair Simplify your finances' is not registered. In case of no registration its brand building efforts may be hampered which might lead to an adverse effect on its business.

The company has a negative cash flow in some of the previous years, details of which are given below. Sustained negative cash flow could impact its growth and business.

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

Its growth will depends on the company's ability to build its brand and failures to do so will negatively impact the company's ability to effectively compete in this industry.

The company faces competition in its business from domestic competitors. Such competition would have an adverse impact on its business and financial performance.

The company is dependent on its promoter and senior management and other key personnel, and the loss of, or its inability to attract or retain, such persons could affect its business, results of operations, financial condition and cash flows.