Invicta Diagnostic Ltd IPO

Its business and prospects may be adversely affected if the company is unable to maintain and grow its brand name and brand image.

Any interruptions at its flagship centre and other diagnostic centres may affect the company ability to process diagnostic tests, which in turn may adversely affect its business, results of operations and financial condition.

Concentrated emphasis on radiology services also exposes it to substantial risks that could adversely impact its operations, financial performance, and long-term growth prospects.

The company operations are concentrated in Mumbai Metropolitan Region ("MMR"), and any loss of business in such region could have an adverse effect on its business, results of operations and financial condition.

Its ability to remain competitive may be adversely affected by technological advancements, innovations in diagnostic testing and its ability to access such technology.

The company operates in a highly competitive business environment, and its inability to compete effectively could have an adverse effect on the company business, results of operations and financial condition.

Failures to establish and comply with appropriate quality standards when performing imaging, testing and diagnostics services could result in litigation and liability for it and could materially and adversely affect its reputation and results of operations.

The company has recorded net losses in the past.

Its may be unable to successfully implement or manage the company growth strategy.

The Restated Financial Information provided in this Draft Red Herring Prospectus have been provided by the Peer Reviewed Chartered Accountants who are not the Statutory Auditors of the Company.