There are outstanding legal proceedings involving the Company. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.\r\nIts work premises from where the company operates are not owned by it.\r\nIts failure to perform in accordance with the standards prescribed in the work orders of the company clients could result in loss of business or revenue from clients.\r\nIts individual Promoters play a key role in the company functioning, and its heavily relies on their knowledge and experience in operating its business and therefore, it is critical for the company business that its Promoters and Executive Directors remain associated with it. Its success also depends upon the services of the company's key managerial personnel and its ability to attract and retain key managerial personnel and its inability to attract them may affect the company operations.\r\nIts business operations may be adversely affected due to misconduct or errors from employees. Such incidences could adversely affect its financial condition, results of operations and reputation.\r\nThe Company is dependent on a few suppliers for the purchase of products. The loss of any of these large suppliers may adversely affect its business operations.\r\nThe Company is dependent on a few customers. The loss of any of these large customers may adversely affect its revenues and profitability.\r\nThe company has experienced significant working capital requirements in the past and may continue to experience them in future also. If its experience insufficient cash flows from the company operations or are unable to borrow to meet its working capital requirements, it may materially and adversely affect the company business, cash flows and results of operations.\r\nIts revenues from projects are difficult to predict and are subject to seasonal variations.\r\nThe company source a large part of its new orders from its relationships with corporates and other customers, both present and past. Any failure to maintain its long-standing relationships with its existing customers or forge similar relationships with new ones would have a material adverse effect on its business operations and profitability.\r\nInaccurate estimation of risks, revenues, or costs for a project could negatively impact its profitability and operational results. Actual costs during project execution may significantly deviate from bid assumptions, leading to challenges in recovering additional expenses and potentially having a material adverse effect on its operational results, cash flows, and financial condition.\r\nFailure to successfully implement its business strategies may materially and adversely affect the company's business, prospects, financial condition and results of operations.\r\nThe Company operates under several statutory and regulatory permits, licenses and approvals. Its failure to obtain and/or renew any approvals or licenses in future may have an adverse impact on its business operations.\r\nThe company may not be able to adequately protect or continue to use its intellectual property.\r\nThere are certain discrepancies and non- compliances noticed in some of its financial reporting and/or records relating to filing of returns and deposit of statutory dues with the taxation and other statutory authorities.\r\nThe title deeds of fixed assets shown in the financial statements of the Company are not held in the name of the Company and the company is not sure the same will be transferred in the name of the Company in future or at all.\r\nIts current Order Book does not guarantee full realization of future income. Some orders may be subject to modifications, cancellations, delays, holds, or partial payments by customers, which could have adverse effects on its operational results.\r\nThe company's success depends on its ability to attract and retain its key management personnel. If the company is unable to do so, it will adversely affect its business and the results of operations.\r\nThe company have incurred net loss in the past, and its may not be able to achieve or maintain profitability in the future.\r\nThe company has entered into related party transactions in the past and may continue to do so in the future.\r\nCertain Agreements in relation to its immovable Properties may be inadequately stamped or may not have been registered as a result of which its title to such properties may be faulty.\r\nThe company is exposed to significant risks on fixed-price or lump-sum turnkey contracts that could cause us to incur losses and adversely affect its business, results of operations and financial condition.\r\nIf the company is unable to service its debt obligations in a timely manner or to comply with various financial and other covenants and other terms and conditions of its financing agreements, it may adversely affect the company business, prospects, results of operations and financial condition.\r\nIts contingent liabilities as stated in its Restated Financial Statements could affect the company financial condition.\r\nIts projects require deployment of labour and depends on availability of labour. In case of unavailability of such labour, its business operations could be affected.\r\nThe Company has taken unsecured loans that may be recalled by the lenders at any time.\r\nThe average cost of acquisition of Equity Shares by its Promoters could be lower than the issue price.\r\nThe 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 its financial condition, results of operations and reputation.\r\nFraud, theft, employee negligence or similar incidents may adversely affect the results of operations and financial condition.\r\nThe company ability to pay any dividends will depend upon future earnings, financial condition, cash flows, working capital requirements and capital expenditures.\r\nIts Promoter and the Promoter Group will jointly continue to retain the majority shareholding in the Company after the offer, which will allow them to determine the outcome of the matters requiring the approval of shareholders.\r\nAny future issuance of its Equity Shares may dilute prospective investors' shareholding, and sales of its Equity Shares by the company major shareholders may adversely affect the trading price of its Equity Shares.\r\nThe Issue price of its Equity Shares may not be indicative of the market price of the company Equity Shares after the Issue and the market price of its Equity Shares may decline below the Issue Price and you may not be able to sell your Equity Shares at or above the Offer Price.\r\nThe Issue price of its Equity Shares may not be indicative of the market price of its Equity Shares after the Issue and the market price of its Equity Shares may decline below the Issue Price and you may not be able to sell your Equity Shares at or above the Offer Price.\r\nThe company Promoters and Directors have provided personal guarantees for financing facilities availed by the Company and may in the future provide additional guarantees and any failure or default by the Company to repay such facilities in accordance with the terms and conditions of the financing agreements could trigger repayment obligations on them, which may impact their ability to effectively service their obligations as its Promoters and Directors and thereby, adversely impact its business and operations.\r\nThe Objects of the Issue for which funds are being raised are based on its management estimates and the same has not been appraised by any bank or financial institution or any independent agency. The deployment of funds in the project is entirely at its discretion, based on the parameters as mentioned in the chapter titled "Objects of the Issue".\r\nThere is no monitoring agency appointed by the Company to monitor the utilization of the Issue proceeds.\r\nIndustry information included in this Draft Prospectus has been derived from industry sources. There can be no assurance that such third-party statistical, financial and other industry information is complete, reliable or accurate.\r\nCertain data mentioned in this Draft Prospectus has not been independently verified.\r\nIn the event there is any delay in the completion of the Issue, or delay in schedule of implementation, there would be a corresponding delay in the completion of the objects of this Issue which would in turn affect its revenues and results of operations.\r\nThe company has not identified any alternate source of raising the funds required for the object of the Issue and the deployment of funds is entirely at its discretion and as per the details mentioned in the section titled "Objects of the Issue".