Experienced Promoters, management team and dedicated staff.
Attractive offerings at competitive prices based on constant menu innovation and customer focus.
Strong on-line presence.
Strategic locations.
Strong financial position and profitability.
Any adverse development in relation to the company's relationship with as well as performance of third-party food delivery apps, may adversely affect its business, results of operations and financial condition.
The company is exposed to all of the risks associated with leasing real estate, and any adverse developments could materially affect its business, results of operations and financial condition.
The company generates all its revenues from the city of Pune, Maharashtra and nearby location. Any event negatively affecting the consumer food services industry in the city of Pune and nearby location could have a material adverse effect on the company's overall business and results of operations.
The company propose to utilise a significant portion of the Net Issue Proceeds, constituting approximately [?]% of the total Issue Proceeds towards construction of its Haveli Project in Lonavala, Maharashtra.
The Company, its Partnership firm and the company's Promoters are parties to certain tax proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
If the company is unable to continue to build the Pind Punjab brand, its business, reputation and results of operations may be adversely affected.
The company may not be able to identify and obtain suitable restaurant locations, which could impact the company's ability to achieve its growth strategy and meet the company's development commitments, which could adversely impact on its business, results of operations and financial condition.
The Company had negative cash flows during certain fiscal years in relation to its investing and financing activities. Sustained negative cash flows in the future would adversely affect the company's results of operations and financial condition.
There are certain discrepancies and non-compliances noticed in some of the company's financial reporting and/or records relating to the filing of returns and deposit of statutory dues with the taxation and other statutory authorities.
The company has had instances of regulatory non-compliances, including certain lapses in relation to regulatory filings, internal controls and internal record keeping under applicable company law.
