Womancart Ltd IPO

Its present promoter of the Company is first generation entrepreneur.

The company has a relatively short operating history, which makes it difficult to evaluate its business and future prospects.

The company has incurred loss in one of the three previous financial years.

The Company has negative cash flows from its operating and investing activities in the current and past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

The restated financial statements have been provided by the peer reviewed chartered accountant who is not the statutory auditor of the Company.

The Company may incur penalties or liabilities for non-compliances with certain provisions of the GST Act, Income Tax and other applicable laws in the last three (3) Years.

The Company may incur penalties or liabilities for non-compliances with certain provisions of the Companies Act and other applicable laws in the last three (3) Years.

There are outstanding legal proceedings involving the Company as well as promoter and Directors. Any adverse outcome on such proceedings may affect its business, financial condition and reputation.

Its inability to maintain the company website could reduce demand, and may cause loss of consumers, suppliers or sellers. Any undetected errors or design faults could result in limited capacity and directly affect its revenues.

There are risks in the sale of its owned brands due to new launch and early stage adaptation in market. If the company is not able to attract customers to its owned brands, its revenue may be affected.