Dhillon Freight Carrier Ltd IPO

Major fraud, lapses of internal control or system failures could adversely impact the company's business.

Our Promoters have provided personal guarantees for loans availed by our Company. Our business, financial condition, results of operations, cash flows and prospects may be adversely affected by the invocation of all or any personal guarantees provided by our Promoter.

Our funding requirements and the proposed deployment of the Net Proceeds are based on management estimates and have not been independently appraised.

Our lenders have charge over our vehicles in respect of finance availed by us.

Any destruction, breakdown, theft, or failure to repair or maintain our vehicles may adversely impact our business operations, cash flows, financial condition, and results of operations.

Our Promoters and Promoter Group will continue to retain control over our Company after completion of the Issue, which will allow them to influence the outcome of matters submitted for approval of our shareholders.

We are subject to risks arising from interest rate fluctuations, which could adversely affect our business, financial condition and results of operations.

The future operating results are difficult to predict and may fluctuate or adversely vary from the past performance.

Some of the KMPs is associated with our company for less than one year.

Certain key performance indicators for certain listed industry peers included in this Draft Prospectus have been sourced from public sources and there is no assurance that such financial and other industry information is complete.