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Source: SEBI
From the prospectus, ordered by severity. Wording is close to the filing — not softened.
Revenue Dependency
A significant portion of revenue is derived from outside India, which could be adversely affected by economic conditions in those markets.
Financial · high
High Operating Expenses
The company incurred a restated loss of ₹12,865.18 million in Fiscal 2023 due to high operating expenses.
Financial · high
Legal Proceedings
Ongoing legal proceedings with Zostel may result in the issuance or transfer of up to 7% of shareholding.
Operational · medium
Competition
The company faces significant competition in the hospitality sector, which may impact its market share and profitability.
Market · medium