Source: SEBI
From the prospectus, ordered by severity. Wording is close to the filing — not softened.
Concentration of Operations
Our operations and revenues are concentrated predominantly in the state of Gujarat.
Operational · high
Supplier Dependence
A significant portion of our purchases may be concentrated among a limited number of suppliers.
Operational · medium
BESS Manufacturing Risks
Our BESS manufacturing operations depend on the availability of certain critical components sourced from overseas suppliers in China.
Operational · medium
Trade Receivables
Trade receivables may affect cash flows and working capital.
Financial · medium
Negative Cash Flows
The company has incurred negative cash flows from investing and financing activities.
Financial · medium
Regulatory Compliance Delays
There have been delays in payment of statutory dues.
Regulatory · medium
What the business leans on, as the filing describes it.