Established track record in a fragmented industry.
Agile, asset-light business model enabling scalable growth.
Global execution framework enabled by established practices and local integration.
Brand-led booth design by skilled in-house marketing & branding team.
The majority of its sales is concentrated in the states of Gujarat, Maharashtra and Karnataka.
Any adverse developments affecting the company's operations in these states could have an adverse impact
on its business, financial condition, results of operations and cash flows.
The company is dependents on third-party outsourced subcontractors for providing its services.
The company's Registered Office and Godown Facilities are located on leased premises. There may or may
not be assurance that the company will be able to retain or renew such leases on the same or similar terms,
or that the company will find alternate locations for the existing offices on terms favorable to the company, or at all.
The company's funding requirements and the proposed deployment of the Net Proceeds of the Offer have
not been appraised by any bank or financial institution are based on management estimates and
may be subject to change based on various factors, some of which are beyond its control.
The company has witnessed negative cash flow from operating activities in the past. Any negative cash
flows in the future would adversely affect its cash flow requirements, which may adversely affect
the company's ability to operate its business and the company's financial condition.
The company has significant working capital requirements for its smooth day to day operations of business
and discontinuance or the company's inability to acquire adequate working capital timely and on favourable
terms may have an adverse effect on its operations, profitability and growth prospects.
A significant portion of the company's domestic sales are derived from the West zone, any adverse
developments in this market could adversely affect its business.
The company is exposed to counterparty credit risk and any delay in receiving payments or non-receipt
of payments may adversely impact its results of operations.
The company's business is dependent on certain major customers, with whom the company does not have firm
commitment agreements. The loss of such customers, a significant reduction in purchase of
services by such customers, or a lack of commercial success of a particular project of which the company
are a supplier could adversely affect its business, results of operations and financial condition.
Regulatory uncertainties arising from tariff impositions in India and other countries may
contribute to heightened volatility in the Indian and international markets.
