Slone Infosystems Ltd IPO

The company has a very limited operating history as a Company, which may make it difficult for investors to evaluate its historical performance or future prospects.

There have been instances of deficiency in the regulatory filings by the Company. Consequently, its may be subject to regulatory actions and penalties for such delays which may adversely impact its business and financial condition.

The company has issued Equity Shares during the last year at a price that is below the Issue Price and for consideration other than cash.

The company generates a significant percentage of its revenue from few clients. The loss of any one or more of its major clients would have a material adverse effect on the company business operations and profitability.

The Company is dependent on limited number of external suppliers for its product requirements. Any delay or failure on the part of such suppliers to deliver products at acceptable prices, may adversely affect its business, profitability and reputation.

The company operates in highly competitive markets, and fragmented market with low entry barrier.

The Company has reported certain negative cash flows from its operating activity, investing activity and financing activity, details of which are given below. Sustained negative cash flows could impact its growth and business.

If the customers does not procure their requirement of the IT products, or if there is a downward trend in the IT equipment sale business, it could have an adverse effect on its business, results of operations, financial condition and cash flows.

Any variation in the utilization of the Net Proceeds would be subject to certain compliance requirements, including prior shareholders' approval.

The premises where its Registered Office and the company Corporate Office is located, are not owned by it.