India's first integrated fun destination offering amusement cum water park, snow park, cable car and resort at a strategic tourist location.
Established track record with over two and a half decades of market presence and brand recognition.
Experienced promoters and dedicated senior management team with industry knowledge
Strong institutional marketing and regional sales network
High safety and hygiene standards.
Prudent capital allocation and consistent financial performance.
The company has not entered into annual maintenance contracts for the machinery, building, and other equipment used, except the Diesel Generator set used in its Athirappilly Theme Park and Athirappilly Snow Storm. Although the company has a comprehensive in-house team for maintenance and management of its amusement park and snow parks, any unexpected accident, malfunction or mechanical breakdown of machinery at the company amusement park and snow parks could disrupt operations, result in increased maintenance or replacement costs, and adversely affect its business, financial condition, and results of operations.
The company business is subject to seasonal and cyclical variations in Footfalls at its Athirappilly Theme Park and may be affected by weather conditions, school vacations, public holidays and weekends and may has a disproportionate effect on its results of operations.
Its operations entail certain fixed and recurring expenses, and the company inability to manage expenses may has an adverse effect on its business, results of operations, financial condition, and cash flows.
The company has a large number of personnel deployed across its amusement cum water theme park and snow park; consequently, Its may be exposed to service-related claims and losses or employee disruptions that could has an adverse effect on its reputation, business, results of operations, financial condition, and cash flows.
The Company has filed certain legal proceedings against the State of Kerala, Union of India and certain social media platforms, including YouTube and Google. If no relief is granted to the Company in any of these legal proceedings, it may has a material adverse impact on its business operations, financial condition, and reputation.
The company business is partly dependent on factors beyond its control, including levels of discretionary consumer spending, changes in Footfall patterns, and general economic conditions. Any adverse shifts in these factors could lead to a decline in Footfall and has a material negative impact on its business operations and financial results.
The company dependent on third-party suppliers, transportation providers and vendors, and any disruption, delay or increase in costs could adversely affect its business, results of operations and financial condition.
The company has historically derived and are expected to derive in future all or majority of its revenue from the company
Athirappilly Theme Park. Any adverse developments affecting this park could has an adverse effect on its business, results of operations, financial condition, and cash flows.
There has been certain instances of non-compliances and/or delay in compliance, including with respect to certain regulatory filings by the Company in the past. Some of its corporate records are not traceable. Any penalty or action taken by any regulatory authorities in future, for non-compliance with provisions of corporate and other law could impact the reputation and financial position of the Company to that extent.
Any accident or safety-related mishap at the company amusement parks may expose it to potential financial liabilities, legal proceedings, and adverse publicity. Such incidents can lead to third-party claims and reputational damage, which may adversely impact its business operations, hinder the company expansion plans, and adversely affect its financial condition and results of operations.
