Leap India Limited IPO

The company typicallys enter into long-term, recurring contracts with customers and if its customers do not renew their agreements with the company, or expand the scope of services, the company provides to them, the company's business, financial condition, results of operations and cash flows could be adversely impacted. In particular, if its relationships with the company's top customers are impaired or terminated, its business, financial condition, results of operations and cash flows could be adversely impacted.

The company is reliants on its technology infrastructure in the company's business operations, and any disruption or failures of its technology infrastructure could materially affect the company's growth prospects, reputation, business, results of operations, financial condition and cash flows.

Pooling asset loss and inadequate controls and processes on the pooling equipment may result in additional expenses and could negatively affect its financial performance.

The company is exposed to counterparty credit risk. The company's inability to collect receivables on time or at all and defaults in payment from its customers could reduce our profits and affect the company's cash flows.

Failures to set and/or meet quality standards in relation to its Assets may adversely affect the company's business, results of operations and financial condition.

Increases in maintenance may result in additional expenses and could negatively affect its financial performance.

A majority of its revenue from operations is from the company's pallet pooling business (sale of services - pallets, contributed to 62.90% (on a pro forma basis) and 67.90%, 72.23% and 84.14% of its revenue from operations in Fiscals 2025, 2024 and 2023, respectively). Any adverse impact on the company's pallet pooling business would adversely affect its business, results of operations and profitability.

Competition in the industry in which the company operates could result in a reduction in the company's market share which could adversely affect its business, results of operations and financial conditions.

The company's financing arrangements contain certain restrictive covenants. Any non-compliance may lead to, amongst others, accelerated repayment schedule, enforcement of security and suspension of further drawdowns, which in turn may limit its ability to pursue the company's business and limit its flexibility in planning for, or reacting to the changes in our business or industry including the company's plans for expansion and diversification, which may adversely affect its business, results of operations, financial condition and cash flows.

The company is dependents on its suppliers and service providers ( the company's top ten suppliers and service providers contributed 60.00% of its total purchases in Fiscal 2025) in relation to the company's operations. Any loss of suppliers or interruptions in the timely delivery of supplies and services could have an adverse impact on its business, financial condition, cash flows and results of operations.