Ashwini Container Movers Ltd IPO

A significant part of our revenue is derived from a limited number of customers. The loss of one or more key customers could materially and adversely impact our business, cash flow, operational results, and financial condition.

We do not have long-term agreements with several of our customers.

We generate our major portion of revenue from our operations in certain geographical regions and any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.

Our Company had negative cash flow in recent fiscals, details of which are given below. Sustained negative cash flow could adversely impact our business, financial condition and results of operation.

Our Company, Promoters and Directors and subsidiary are party to certain tax proceedings, any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.

Non-Filing of Return of Allotment Forms for Preferential Allotment dated April 16, 2012, and Rights Issue Dated February 16, 2015.

There has been an instance of non-compliance with Auditor Appointment.

There has been an instance of non-compliance with requirement of dematerialization of shares.

We have not received NOC from some of our lenders for undertaking the initial public offer of equity shares.

Our Company has potential risks associated with disruptions or failures in Information Technology Systems, including cybersecurity vulnerabilities.