Sunsky Logistics Ltd IPO

A substantial portion of the company's 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 its services could adversely affect the company's business, results of operations, financial condition and cash flows.

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

The company's business operations are mainly concentrated in Gujarat region, and any adverse developments affecting its operations in this region could have an adverse impact on the company's revenue and results of the operations.

The company's Registered Office is not owned by the company's. The same is occupied by it on a leave and license basis. Disruption of its rights as licensee or termination of the agreements with the company's licensor would adversely impact itsoperations and, consequently, the company's business.

The company 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. The company may be unable to adequately protect intellectual property. Furthermore, the company may be subject to claims alleging a breach of third-party intellectual property rights.

The company's Contingent Liability and Commitments could affect its financial position.

The Company has had a negative cash flow from the company's operating, investing, and financing activities in the past three years, details of which are given below, sustained negative cash flow could impact its 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 the company's financial condition and cash flows.

The company could be adversely affected due to misconduct or errors of its employees that are difficult to detect, and any such incidents could adversely affect the company's financial condition, results of operations and reputation.

One of the company's promoters does not have significant experience in the industry in which we operate.