Ravelcare Ltd IPO

There are certain pending legal proceeding involving Director of the Company. Any adverse outcome on such proceeding may affect its business, financial condition and reputation.

The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect the company business, reputation and results of operations.

The Company has faced losses in the past.

The Company is dependent on few suppliers for purchase of products. Loss of any of these large suppliers may affect its business operations.

The company does not own its Registered Office from where its operations are being conducted and have been taken on lease. Any difficulty in seeking renewal or extension of such lease terms may cause disruption in its operations.

There have been some instances of delay in filing of statutory and regulatory dues in the past with the various government authorities.

The company has historically not complied with Employee State Insurance (ESI) Regulations.

Its dependence on third-party manufacturer for all the company products subjects it to risks, which, if realized, could adversely affect the company business, results of operations, cash flows and financial condition.

The company is significantly dependent on its Website and Digital Media Marketing for the sale of the company products.

The company may be subject to product liability claims from the company customers. Any claims arising from such liabilities may harm its reputation, requires it to incur substantial costs and/or have an adverse impact on the company business, financial conditions and results of operations.