Source: SEBI
From the prospectus, ordered by severity. Wording is close to the filing — not softened.
Market Risk
There is no assurance of an active market for the shares post-listing.
Financial · high
Regulatory Risk
Delay or failure in obtaining, renewing, or maintaining key regulatory approvals may restrict the company's ability to market and sell products.
Operational · high
Acquisition Risk
Business model relies significantly on acquisitions, which may expose the company to integration, execution, and value realization risks.
Operational · high
Quality Risk
Self-corrective quality issues related to product holds and recalls may result in operational disruption, financial loss, and reputational harm.
Operational · high
Competition Risk
Intense competition and pricing pressure may adversely affect market share, profitability, and future growth.
Market · high