Optivalue Tek Consulting Ltd IPO

We have not entered into any long-term contracts with any of our customers and typically operate on the basis of work orders, which could adversely impact our revenue and profitability.

We may become liable to our customers and lose customers if we have defects or disruptions in our service or if we provide poor service. We may also be liable in the event of misuse of our services or platforms.

Our Promoters and directors play key role in our functioning and we heavily rely on his/her knowledge and experience in operating our business and therefore, it is critical for our business that our Promoters remain associated with us.

There are certain outstanding legal proceedings involving our Company, Promoters and Directors. Any failure to defend these proceedings successfully may have an adverse effect on our business prospects, reputation, financial conditions and result of ongoing operations.

Our failure to adapt to technological developments or industry trends could affect the performance and features of our products and services and reduce our attractiveness to our customers.

Our inability to cater to the evolving consumer preferences, in India and abroad, IT industry may affect our business operations, cash flows and results of operations.

Our Company has not fulfilled its CSR obligation u/s 135 of the Companies Act, 2013 for the F.Y. 2021-22. Such noncompliance/ default may attract penalties on the Company and its Directors.

Our Company logo "Optivalue Tek Consulting" is not registered with Registrar of Trademark; any infringement of our brand name or failure to get it registered may adversely affect our business. Further, any kind of negative publicity or misuse of our brand name could hamper our brand building efforts and our future growth strategy could be adversely affected.

Product development is a long, expensive and uncertain process and our current expenditure in product development may not provide a sufficient or timely return.

We face competition in our business from organized and unorganized players, which may adversely affect our business operation and financial condition.