1. The company's business will suffer if its fail to anticipate and develop new product and services thereon and enhance existing products portfolio in order to keep pace with rapid changes in technology and the industries on which the company focus.
2. If the company does not successfully anticipate market needs or develop and introduce new solutions that meet users' needs on a timely basis, its may not be able to compete effectively and the company's revenue, reputation, financial conditions, results of operations and cash flows may be adversely affected.
3. Its investments in technology may not yield the intended results especially on the company technical development.
4. There may be potential conflict of interests between the Company and other group Companies / entities or enterprises promoted by its Promoters or directors or in which its promoters / directors may be interested.
5. Any inability to license or incorporate software and technology rights held by third parties in its solutions may adversely impact the company's business, financial position, results of operations and cash flows.
6. Its pricing structures does not accurately anticipate the cost and complexity of performing its work and if the company is unable to manage costs successfully, then certain of its contracts could be or become unprofitable.
7. The company has certain outstanding litigation against the Company, an adverse outcome of which may adversely affect its business, reputation and results of operations.
8. The Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect its revenues and profitability.
9. Intense competition in the market for technology services could affect its pricing, which could reduce the company share of business from clients and decrease its revenues and profitability.
10. The company intend to utilize Rs. 1,865.00 Lakhs of the Net Proceeds for Investment in Human resources and Product Development. The company has relied on the management estimates for number of employees to be hired and average salary to be deployed to such hired employees. Such estimates have not been appraised by any bank or financial institution or any other independent agency.