1. There are outstanding litigations pending against its directors, Promoters, and group companies, which, if determined adversely, could affect the company operations.
2. The company depends its intermediaries for Logistic, transport management and freight-related services etc for carrying out its business operations, and termination of the company arrangements with any of these intermediaries may adversely affect its business and results of operations.
3. Significant increases in freight, transportation and other costs may materially and adversely affect its business, financial condition and results of operations.
4. If the company is not able to sell container space that its purchase from sea shipping lines, the company will not be able to recover its costs and the company profitability may suffer.
5. The company's business could be significantly affected by changes in global economic conditions. Trade restrictions could also materially and adversely affect its business, financial condition and results of operations.
6. The company generates its entire portion of sales from its operations in the geographical regions within Maharashtra and any adverse developments affecting its operations in this region could have an adverse impact on the company revenue and results of operations.
7. The company does not verify the contents of the parcels transported by it, thereby exposing the company to the risks associated with the transportation of goods in violation of applicable regulations.
8. The Company is yet to place orders for 100% of the machineries for its proposed object, as specified in the Objects of the Issue. Any delay in placing orders, procurement of plant & machineries may delay its implementation schedule and may also lead to increase in price of these plant & machineries, further affecting its revenue and profitability.
9. The company may face competition from a number of international and domestic third-party logistics companies, which may adversely affect its market position and business.
10. The company freight forwarding business depends upon its network of domestic and overseas agents for fulfilment of logistics needs of its customers. The company inability to maintain its relationships with it domestic and overseas agents or deficiency in the service provided by such agents may adversely affect the company revenues and profitability.