Falcon Technoprojects India Ltd IPO

The company derives significant portion of its revenue from limited number of customers, the loss of one or more such customers, the deterioration of their financial position or prospects, or a reduction in their demand for its services could adversely affect its business, financial position and future prospects of the Company.

Its Registered Office from where the company operates is not owned by it.

The company operates in a competitive environment and may not be able to effectively compete with similar companies, which could have a material adverse effect on its business, results of operations and financial condition.

Pricing pressure from its customers may adversely affect its gross margin, profitability and ability to increase the company prices, which may in turn have a material adverse effect on its results of operations and financial condition.

Its Promoter Mr. Bharat Shreekishan Parihar plays a key role in the company functioning and its heavily relies on his knowledge and experience in operating its business and therefore, it is critical for the company's business that its promoter remain associated with the company.

The company depends on its management team and other personnel with technical expertise, and if the company is unable to recruit and retain qualified and skilled personnel, its business and its ability to operate or grow the company's business may be adversely affected.

There are outstanding litigations involving the Company, Promoters and Directors which, if determined adversely, may affect its business and financial condition.

If the company is unable to collect its dues and receivables from the company's customers in accordance with the terms and conditions of the contracts and the delivery and payment schedules, its business, results of operations or financial condition could be materially and adversely affected.

The company has experienced negative cash flows in the past. Any such negative cash flows in the future could affect its business, results of operations and prospects.

Its business requires significant amounts of working capital. If the company experience insufficient cash flows from its operations or are unable to borrow funds to meet the company working capital requirements, it may materially and adversely affect its business and results of operations.