Kody Technolab Ltd IPO

The company's business will suffer if it fail to anticipate and develop new services and enhance existing services in order to keep pace with rapid changes in technology and the industries on which the company focus.

Intense competition in the market for technology services could affect the company pricing, which could reduce its share of business from clients and decrease the company revenues and profitability.

The company's global operations expose it to numerous and sometimes conflicting legal and regulatory requirements, and violation of these regulations could harm the company business.

The company has limited financial history and its prior period financial results may not accurately represent of the future financial performance.

Failure to offer customer support in a timely and effective manner may adversely affect the company relationships with its customers.

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

The company derives a significant portion of its revenue from operations from a limited number of markets.

In case of the company inability to obtain, renew or maintain the statutory and regulatory licenses, permits and approvals required to operate its business it may have a material adverse effect on the business.

The company face risks associated with currency exchange rate fluctuations.

The property used by the Company for the purpose of its operations is not owned by it. Any termination of the relevant lease or leave and license agreement in connection with such property or the company failure to renew the same could adversely affect its operations.