Brisk Technovision Ltd IPO

Most of its business operations are in and from the state of Maharashtra. Due to this geographic concentration of its business operations, the company results of operations and growth might be restricted to the economic and demographic conditions of Maharashtra.

The company is dependent on a few customers for majority of its revenues and its also do not have any long-term arrangements with the company customers, could adversely affect its business and results of operations.

The company is dependent on a few suppliers for the third-party products which its provide to its customers. The failure of the company suppliers to deliver these products in the necessary quantities, on time or to meet specified quality standards or technical specifications, could adversely affect its business and the company ability to deliver orders on time.

The company is highly dependent on its Promoters, management team and certain key personnel, and the loss of any key team member may adversely affect its business and results of operations.

The company face competition in its business from organized and unorganized players, which may adversely affect its business operation and financial condition.

Its revenue is dependent on domestic market and the company does not have any export revenue. Any adverse changes in the conditions affecting domestic market could adversely affect its business, results of operations and financial condition.

There have been certain instances of non-compliance in the past, including with respect to certain secretarial / regulatory filings for corporate actions taken by the Company. There are also certain discrepancies in secretarial records filed with the RoC. Its may be subject to regulatory actions and penalties for such non-compliance and its business, financial condition and reputation may be adversely affected.

Some of its Share Transfer Forms are not traceable.

Rectification in the address of registered office of the Company.

The company registered office is not owned but on leasehold basis. Its cannot assure you that upon termination the lease agreement will be renewed or that its will be able to take on lease other premises on the same or similar commercial terms.