Mayasheel Ventures Ltd IPO

The company's main source of revenue comes from projects that are initiated or approved by NHIDCL (National Highways Infrastructure Development Corporation Limited) and other government department. If there are unfavourable changes in the policies of the central or state government, it could result in the closure, termination, restructuring, or renegotiation of its contracts, potentially impacting its business and financial performance significantly.

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.

Certain Loans and Borrowings are reported in the financial statements of the company but have not actually been transferred.

Majority of assets, including both movable and immovable, have not yet been mutated under the current name of the company.

The company had negative cash flows in the past and may continue to have negative cash flows in the future.

Its business is subject to monsoon season and other environmental factors, that can adversely affect its business and result of operations.

Infrastructure projects are generally assigned to its organization upon fulfillment of specified pre-qualification prerequisites and subsequent engagement in a competitive tendering procedure. Any failures to secure new infrastructure projects or premature termination of contracts awarded to it could potentially have adverse repercussions on both its business operations and financial standing.

Majority of its revenues from operations are majorly derived from the northeastern estate i.e., Assam, Manipur and Nagaland. Any adverse developments affecting its operations in these states could have an adverse impact on its revenue and the results of operations.

The Company is yet to place orders for all the plant & machineries for its proposed object, as specified in the Objects of the Issue. Any delay in placing orders, procurement of plant & machineries may delay its implementation schedule and may also lead to increase in price of these plant & machineries, further affecting its revenue and profitability.

Its insurance coverage in connection with the company's business may not be adequate and may adversely affect its operations and profitability.