Aluwind Infra-Tech Ltd IPO

The Company and Promoter of the Company are parties to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before the court and regulatory authority. Any adverse decision may make it liable to liabilities/penalties and may adversely affect its reputation, business, and financial status.

Its business requires the services of third parties, including suppliers and subcontractors, which entail certain risks.

Its projects are typically awarded to the company on satisfaction of prescribed pre-qualification criteria and following a competitive bidding process. Its business and the company financial condition may be adversely affected if new projects are not awarded to the company.

Increase in costs or a shortfall in availability of the materials the company purchase could have a material adverse effect on the Company's sales, profitability and results of operations.

The nature of its business exposes the company to liability claims and contract disputes and its indemnities may not adequately protect it. Any liability in excess of its reserves or indemnities could result in additional costs, which would reduce its profits.

The company results of operations and cash flows could be adversely affected, if the company is unable to collect its dues and receivables from, or invoice its unbilled services to, the company clients.

Its pricing structures does not accurately anticipate the cost and complexity of performing its work and if the company is unable to manage costs successfully, then certain of its contracts could be or become unprofitable.

Failure to anticipate and develop new products & services and enhance existing execution capabilities in order to keep pace with rapid changes in technology and industry may suffer its business.

The company has certain contingent liabilities that have not been provided for in the Company's financials which if materialised, could adversely affect its financial condition.

Within the parameters as mentioned in the chapter titled 'objects of this Issue' beginning on page 74 of this Prospectus, the Company's management will have flexibility in applying the proceeds of this Issue. The fund requirement and deployment mentioned in the Objects of this Issue have not been appraised by any bank or financial institution.