1. There are certain outstanding legal proceeding involving the company Promoter and Promoter Entities which may adversely affect its business, financial condition and results of operations.
2. The company intends to use a portion of the Net Proceeds to prepay / repay certain loan facilities.
3. If the company is unable to attract new clients or its existing clients do not renew their contract or default in payments, the growth of the company business and cash flows will be adversely affected.
4. The company is dependent upon few suppliers for procurement of raw materials for its outdoor marketing and advertisements including exhibitions, campaigns etc; In an eventuality where the company suppliers are unable to deliver it the required materials in a time-bound manner it may have a material adverse effect on its business operations and profitability.
5. The company derives a significant portion of its revenue from the company outdoor advertising services. Therefore, factors that adversely affect the demand for such operations or its position or reputation as a provider for the mentioned services may adversely affect the company business and results of operations.
6. The Company's business operations are done PAN India and any downturn and/ or any economic, regulatory, social and political change in any of the Indian states in which its operate or seek to operate may affect the companyh market share and/ or may adversely affect its business, financial condition and results of operations.
7. The company has working capital requirements. If its experience insufficient cash flows to make required payments on the company debt or fund working capital requirements, there may be an adverse effect on its results of operations.
8. Any IT system failures or lapses on part of any of the company employees may lead to operational interruption, liabilities or reputational harm.
9. The company store its raw materials and finished goods in godowns from which the company operate, though its take utmost care in maintaining them but there may be chances of spoilage of products due to weather conditions or infections etc.
10. If the company is unable to source business opportunities effectively, its may not achieve the company financial objectives.