Sunsky Logistics Ltd IPO

A substantial portion of our revenue is generated from certain key customers, and the loss of one or more such customers, the deterioration of their financial condition or prospects, or a reduction in their demand for our services could adversely affect our business, results of operations, financial condition and cash flows.

Any adverse developments affecting trade volumes and freight rates may have an adverse effect on our business, results of operations, and financial condition.

Our business operations are mainly concentrated in Gujarat region, and any adverse developments affecting our operations in this region could have an adverse impact on our revenue and results of the operations.

Our Registered Office is not owned by us. The same is occupied by us on a leave and license basis. Disruption of our rights as licensee or termination of the agreements with our licensor would adversely impact our operations and, consequently, our business.

We used the trademark under the License Agreement executed between Akash A Shah, a promoter, and the Company, but the promoter also does not own the trademark legally. We may be unable to adequately protect intellectual property. Furthermore, we may be subject to claims alleging a breach of third-party intellectual property rights.

Our Contingent Liability and Commitments could affect our financial position.

Our Company has had a negative cash flow from our operating, investing, and financing activities in the past three years, details of which are given below, sustained negative cash flow could impact our growth and business.

There are certain instances of delays in the payment of statutory dues or returns. Any delay in the filing of returns or statutory dues in dispute may attract financial penalties from the respective government authorities, which may have an adverse impact on our financial condition and cash flows.

We could be adversely affected due to misconduct or errors of our employees that are difficult to detect, and any such incidents could adversely affect our financial condition, results of operations and reputation.

One of our promoters does not have significant experience in the industry in which we operate.