Kay Cee Energy & Infra Ltd IPO

Its revenues largely depends on acceptance of the bids submitted to the Government and other agencies. Its performance could be affected in case majority of the bids are not accepted / awarded.

The company is engaged in Engineering, Procurement, and Construction (EPC) activity which is working capital intensive.

Its top five customers contribute majority of the company revenues from operations. Any loss of business from one or more of them may adversely affect its revenues and profitability.

Its failure to perform in accordance with the standards prescribed in work order of its client could result in loss of business or payment of liquidated damages and any delay in the schedule of its under-construction projects may be subject to cost overruns and can impact its reputation and future projects.

Its individual Promoters plays key role in its functioning and the company heavily relies on their knowledge and experience in operating its business and therefore, it is critical for the company's business that its Promoter and Executive Directors remain associated with it. Its success also depends upon the services of the company key managerial personnel and its ability to attract and retain key managerial personnel and its inability to attract them may affect the company operations.

Its Registered Office from where its operate is not owned by it.

Its revenues are highly dependent on its operations in geographical region of State of Rajasthan. Any adverse development affecting its operations in this region could have an adverse impact on its business, financial condition and results of operations.

The company has availed credit facility from banks and FI's, and it is subject to certain restrictive covenants. Any Delay in issuing No Objection Certificate for the proposed issue may delay its proposed Initial public offering.

Any slowdown or work stoppages at its project sites may have effect on the company's business, financial condition and results of operations.

There are outstanding legal proceedings involving the Company. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.