Arvind Port & Infra Ltd IPO

The company revenues are highly dependent on its operations in the geographical region of state of Gujarat. Any adverse development affecting the company operations in this region could have an adverse impact on its business, financial condition and results of operations.

Its revenue and profits are largely dependent on chartering of barges.

The company's top 5 customers contribute a significant portion of its revenue from operations.

The company is involved in certain legal proceedings which are pending at different levels of adjudication before various courts, tribunals, enquiry officers, and appellate authorities.

The Company has in the past has made certain inadvertent erroneous filings under Companies Act, 1956 and Companies Act, 2013. Further, there have also been instances where the Company has inadvertently filed incorrect information with the RoC in its statutory filings.

Some of its corporate records, including forms filed with the Registrar of Companies are not traceable. The company cannot assure you that these forms of filings will be available in the future or that its will not be subject to any penalties imposed by the relevant regulatory authority in this respect.

The company does not own registered Office and one of its hotel viz. Hotel 999 is used by it.

The Company operates under several statutory and regulatory permits, licenses and approvals. Its failure to obtain and/or renew any approvals or licenses in future may have an adverse impact on its business operations.

The company have incurred substantial indebtedness which exposes it to various risks which may have an adverse effect on its business and the results of operations.

The Company has availed unsecured loans which are repayable on demand. Any demand from lenders for repayment of such unsecured loans, may adversely affect its cash flows.