Gconnect Logitech & Supply Chain Ltd IPO

The Company has been formed specifically for the purpose of acquisition of the business of "Prithvi Enterprises" thus the company have limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.

Further, any future acquisition may not be beneficial to the Company, its may have to pay a certain amount of premium to the outgoing management / shareholders for synergic benefits that the company may accrue compared to valuations of those firms / businesses / companies. Its inability to identify suitable acquisition opportunities in the future, or adequately priced acquisitions, entering into agreement with such parties or obtaining the necessary financing to make such acquisitions could adversely affect its future growth.

Any disruptions to its logistics and transportation facilities could have a material adverse effect on the company's business, financial condition, cash flows and results of operations.

The company is dependent on its customers' business performance and developments in their markets and industries and their continuing outsourcing of logistics operations.

The company is dependent on third party carriers and inland transportation companies to transport its client's cargo.

The Company operates in a highly competitive industry and face intense competition, which could adversely affect its results of operations and market share.

Delays or defaults in payment by the company is customers or the tightening of payment periods to its suppliers could affect it cash flows and may adversely affect The Company is financial condition and operations.

The Company & the sole proprietorship has experienced negative cash flows in some prior periods and may do so in the future, which could have a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.

The company's top 10 customers contribute majority its revenues from operations for the period ended March 31, 2023. Any loss of business from one or more of them may adversely affect its revenues and profitability.

The company does not verify the contents of the parcels transported by it, thereby exposing the company to the risks associated with the transportation of goods in violation of applicable regulations.