Radiowalla Network Ltd IPO

The company is dependent upon the growth and stability of the retail sector.

The company cannot assure that its will be able to get the extension of Directorate of Advertising and Visual Publicity registration (which has now integrated into CBC) Empanelment Letter.

Its business is significantly dependent on content creators and RJs for creating audio or radio content. If th company is unable to retain them its business operations will be affected.

Its present promoters of the company are first generation enterpreneurs.

The Company does not own the premises through which its conduct its business operations.

There is outstanding litigation pending against its Promoters which, if determined adversely, could affect the company's business, results of operations and financial condition.

The Company has negative cash flows from its investing and its financing activities in the current and previous years, details of which are given below. Sustained negative cash flow could impact on its growth and business.

Conflict of interest may arise out of common business objects with group companies.

Its group entities have incurred losses in the past and may incur losses in the future.

The company has in past entered into related party transactions and its may continue to do so in the future.