Enfuse Solutions Ltd IPO

The Company derives a significant portion of its revenues from clients located in the United States of America and Netherland and any adverse developments in these markets could adversely affect the company's business.

The company is dependent on a few customers for a major part of the company is revenues. Further its do not have any long-term commitments from customers and any failure to continue the company is existing arrangements could adversely affect its business and results of operations.

Exchange rate fluctuations may adversely affect its results of operations as significant portion of the company's revenues and some portion of its expenditure is denominated in foreign currencies.

Its business will suffer if the company fails to anticipate and develop new services and enhance existing services in order to keep pace with rapid changes in technology and the industries on which the company focus.

Its success depends largely upon its skilled professionals and its ability to attract and retain these personnel. The industry where the Company operates is a highly skilled and technical employee intensive industry.

The company does not own the Registered office, Corporate office and Delivery Centres from where the company carry out its business activities.

Intense competition in the market for technology services could affect its pricing, which could reduce its share of business from clients and decrease the company's revenues and profitability.

The company has not complied with some statutory provisions of the Companies Act. Such non- compliance may attract penalties against the Company which could impact the financial position of it to that extent.

Its services may contain coding or configuration errors or other defects that could harm its reputation, be expensive to correct, delay revenues, and expose it to litigation.

Its insurance coverage may not be adequate to protect the company against all potential losses to which its may be subject and this may have a material effect on its business and financial condition.