Diensten Tech Ltd IPO

The Company has incurred Losses during the nine months period ended on December 31, 2023.

There are outstanding legal proceedings involving the Company, Promoters and Directors. Any adverse decision in such proceeding may have a material adverse effect on its business, results of operations and financial condition.

Its top ten customers contribute approximately 88% of the company's revenues for the financial period ended December 31, 2023. Any loss of business from one or more of them may adversely affect its revenues and profitability.

Significance of recruiting, training and retaining qualified and experienced personnel who meet the IT Professional Services requirements of its clients may adversely affect the company reputation, business prospects and future financial performance.

Its intellectual property rights may be infringed upon or its may infringe the intellectual property rights of third parties.

The company's inability to cater to and suitably update and enhance its offerings may adversely affect the company's revenues and, thus, its business, results of operations and prospects.

Its ability to retain the present number of customers serviced by the company and attract new customers is heavily dependent upon various factors including its reputation and the company's ability to maintain a high level of service quality. Any failures by it to retain or attract customers may impact its business and revenues.

Termination of agreements/arrangements with Customers, could negatively impact its revenues and profitability.

The company's IT Professional Services business where its fulfill IT professional needs of the company clients is subject to extensive government regulations, which may restrict the types of services the company is permitted to offer or result in additional tax or other costs that reduce its revenues and earnings.

Its Restated Financial Statements are Prepared and Signed by a Peer Reviewed Chartered Accountant who is not Statutory Auditor of the Company.