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Source: NSE
From the prospectus, ordered by severity. Wording is close to the filing — not softened.
Investment Risk
Investments in equity securities involve risks, and investors should only invest if they can afford to lose their entire investment.
high · medium
Market Risk
There is no formal market for these shares, and the determined Floor Price, Cap Price, and Offer Price should not be seen as indicative of future market prices.
high · medium
Regulatory Risk
The Offer has not been approved by SEBI, which does not guarantee the accuracy of the prospectus.
high · medium
What the business leans on, as the filing describes it.