Sahara IPO

Diversified revenue sources and customer base.\r\nModern Processes and Technology.\r\nTeam of professionals.\r\nSmooth flow of operations.\r\nComprehensive solution for logistics requirement.\r\nCustomer oriented approach.\r\nInfrastructural Strength.

There are outstanding litigations pending against its directors, Promoters, and group companies, which, if determined adversely, could affect the company operations.\r\nThe 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.\r\nSignificant increases in freight, transportation and other costs may materially and adversely affect its business, financial condition and results of operations.\r\nIf 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.\r\nThe 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.\r\nThe 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.\r\nThe 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.\r\nThe 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.\r\nThe company may face competition from a number of international and domestic third-party logistics companies, which may adversely affect its market position and business.\r\nThe 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.\r\nIf the company is unable to retain existing users and acquire new customers, its future revenues and operating results will be harmed.\r\nThe trend towards outsourcing of supply chain management activities, throughout India or within specific sectors, may change, thereby reducing demand for its services.\r\nThe Restated Financial Statements for the financial years ended on March 31, 2023, 2022 and 2021 have been provided by peer reviewed chartered accountants who was not statutory auditor of the Company.\r\nThe company is exposed to the risk of delays or non-payment by its clients and other counterparties, which may also result in cash flow mismatches.\r\nThe company's inability to meet its obligations, including financial and other covenants under its debt financing arrangements could adversely affect its business, financial condition, cash flows and results of operations.\r\nAny negative cash flows in the future would adversely affect its cash flow requirements, which may adversely affect the company ability to operate its business and implement its growth plans, thereby affecting the company financial condition.\r\nIts Registered Office is not owned by it. In the event the company lose such rights, its business, financial condition and results of operations and cash flows could be adversely affected.\r\nThe Company's failure to maintain the quality standards of the services or keep pace with the technological developments could adversely impact its business, results of operations and financial condition.\r\nThe Company has availed unsecured loan from parties other than bankers & financial institutions which is repayable on demand. Any demand from the lender for repayment of such unsecured loan may affect its cash flow and financial condition.\r\nThe company requires a number of approvals, NOCs, licences, registrations and permits in the ordinary course of its business. Some of these approvals are required to be transferred in the name of "Sahara Maritime Limited" from "Sahara Maritime Private Limited" pursuant to conversion of the company and any failure or delay in obtaining such approvals or renewal of the same in a timely manner may adversely affect its operations.\r\nOne of its Group Company Veena Shipping Agency Private Limited has been declared as an active non-compliant company.\r\nThe Company operates under several statutory and regulatory permits, licenses and approvals. The company failure to obtain and/or renew any approvals or licenses in future may have an adverse impact on its business operations.\r\nThe Company requires significant amounts of working capital for a continued growth. Its inability to meet the company working capital requirements may have an adverse effect on its results of operations.\r\nIts success depends heavily upon the company Promoters and Directors for their continuing services, strategic guidance and financial support.\r\nThe company transportation operations depends on its ability to generate sufficient transportation volumes to achieve acceptable profit margins or avoid losses.\r\nThe Company logo is not registered with Registrar of Trademark; any infringement of its brand name or failure to get it registered may adversely affect its business. Further, any kind of negative publicity or misuse of the company brand name could hamper its brand building efforts and its future growth strategy could be adversely affected.\r\nThere are certain discrepancies and non- compliances noticed in its corporate records relating to forms filed with the Registrar of Companies and taxation authorities.\r\nThe company Promoters will be able to exercise significant influence and control over the Company after the Issue and may have interests that are different from those of its other shareholders.\r\nWithin the parameters as mentioned in the chapter titled "Objects of this Issue" beginning on page 73 of this Draft Prospectus, the Company's management will have flexibility in applying the proceeds of this Issue. The fund requirement and deployment mentioned in the Objects of this Issue have not been appraised by any bank or financial institution.\r\nIts Group Companies have objects which would allow them to engage in the line of business similar to the Company. There are no non - compete agreements between the Company and such Group Companies. The company cannot assure that its Promoter will not favor the interests of such Group Companies over its interest or that the said entities will not expand which may increase its competition, which may adversely affect business operations and financial condition of the Company.\r\nThe company has not made any alternate arrangements for meeting its capital requirements for the Objects of the issue. Further its have not identified any alternate source of financing the 'objects of the Issue'. Any shortfall in raising / meeting the same could adversely affect its growth plans, operations and financial performance.\r\nIf the company is unable to source business opportunities effectively, its may not achieve the company financial objectives.\r\nThe company continue to explore the diversification of its business and the implementation of new models and services. These diversifications and its other strategic initiatives may not be successful, which may adversely affect its business and results of operations.\r\nThe company is dependent on a number of key managerial personnel, including its senior management, and the loss of or the company inability to attract or retain such persons with specialized technical know-how could adversely affect its business, results of operations, cash flows and financial condition.\r\nThe company's ability to pay dividends will depends upon future earnings, financial condition, cash flows, working capital requirements, capital expenditures and other factors.\r\nThe company have in the past entered into related party transactions and may continue to do so in the future.\r\nThe company Promoters and certain directors may be interested in the Company other than remuneration and reimbursement of expenses.\r\nIts future fund requirements, in the form of further issue of capital or securities and/or loans taken by it, may be prejudicial to the interest of the Shareholders depending upon the terms on which they are eventually raised.\r\nThe company actual results could differ from the estimates and projections used to prepare its financial statements.\r\nIndustry information included in this Draft Prospectus has been derived from industry reports. There can be no assurance that such third-party statistical, financial and other industry information is either complete or accurate.\r\nThe deployment of funds raised through this Issue shall not be subject to any Monitoring Agency and shall be purely dependent on the discretion of the management of the Company.