Repono Ltd IPO

Its revenues majorly depends on the projects tendered by the Government Departments. The company performance could be affected in case its competitors participate with lower bid value or projects not awarded to it.

The Company is dependent on a few numbers of customers for revenue from operation. The loss of any of these large customers may affect its revenues and profitability.

The company highly depends on its few key suppliers. The Company has not entered into long-term agreements with its suppliers. In the event the company is unable to procure adequate services at competitive prices its business, results of operations and financial condition may be adversely affected.

There are outstanding legal proceedings involving the Company, its Directors, the company Promoters and Promoter Group. Any adverse decisions could impact its cashflows and profit or loss to the extent of demand amount, interest and penalty, divert management time and attention and have an adverse effect on the company business, prospects, results of operations and financial condition.

Its owned and leased premises including where the company warehouses are located are susceptible to operating risks. Moreover, if some of these leases are terminated or not renewed on favourable terms, or at all, its business, financial condition, results of operations and cash flows could be adversely affected.

The company have experienced negative cash flows in the past.

Its revenues are highly dependent on the company operations in the geographical region of the state of Karnataka, Punjab and Gujarat. Any adverse development affecting its operations in this region could have an adverse impact on the company business, financial condition and results of operations.

Its cargo handling business and the company express logistics business require an efficient transportation network and as such, any inadequacies in reliable transportation infrastructure may have an adverse effect on its business, results of operations and financial condition.

Its Group Company is engaged in the same line of business similar as the Company. The company cannot assure that its Promoter will not favour the interests of that company over its interest or that the said entities will not expand which may increase the company competition, which may adversely affect business operations and financial condition of the Company.

Its success depends heavily upon the company Promoters, Directors Key Managerial Personnel and Senior Managerial Personnel for their continuing services, strategic guidance and financial support. Its success depends heavily upon the continuing services of Promoters, Directors, Key Managerial Personnel and Senior Managerial Personnel who are the natural person in control of the Company.