Established track record for execution of solar EPC solutions.
Strong relationship with customers.
Wide range of our products.
Financial Stability Through the PPA Model.
Established relationship with suppliers.
Dealership network and presence in across various states.
Strategic location of our warehouses and branch offices.
The Company has been recently formed by conversion of the erstwhile partnership firm into the company; thus, the company has
limited operating history as a Company which may make it difficult for investors to evaluate its historical performance
or future prospects.
The company's business is dependent on the continued availability of government policies, subsidies, incentives and other support
mechanisms applicable to the solar sector. Any withdrawal, reduction, delay, adverse regulatory development or
unfavourable modification of such policies, subsidies or incentives may adversely affect demand for its products and
services, impact profitability, and consequently have a material adverse effect on the company business, results of operations,
cash flows and financial condition.
The company depends on its dealers for a significant portion of the company revenue, and any decrease in revenues or sales from any one
of its dealers may adversely affect the company business and results of operations.
The company's generate its major portion of turnover from the company operations in certain geographical regions and any adverse
developments affecting its operations in these regions could have an adverse impact on the company revenue and results of
operations.
The company's business is dependent on the sale of its products and providing rooftop and ground-mounted solar projects services
to certain key customers. The loss of any of these customers or loss of revenue from sales to these customers could have
a material adverse effect on its business, financial condition, results of operations and cash flows.
The Company is dependent on limited number of suppliers, within limited geographical locations for procurement of
raw materials and solar products. Any delay, interruption or reduction in the supply of products required for its services
may adversely affect the company business, results of operations, cash flows and financial condition.
The Restated Financial Statements have been provided by Peer Reviewed Chartered Accountants who is not Statutory
Auditor of the Company.
The company does not own the registered office and warehouses from which its carry out the company business activities. In case of nonrenewal
of rent agreements or dispute in relation to use of the said premises, its business and results of operations can
be adversely affected.
Any delay in setting up the proposed manufacturing facility may also result in delays in procurement and installation
of machineries and equipments. Further, any cost or time overruns in relation thereto may adversely affect the
implementation of the company manufacturing operations and could have a material adverse effect on its business, financial
condition, results of operations and growth prospects.
The Company is yet to place orders for the machinery from outside India for the setting up the manufacturing facility.
Any delay in placing orders or procurement of such machinery may delay the schedule of implementation and possibly
increase the cost of commencing operations.
