Source: SEBI
From the prospectus, ordered by severity. Wording is close to the filing — not softened.
Geographic Concentration Risk
A significant portion of the company's revenue is derived from operations in South India, which accounted for approximately 78.30% of total revenue.
Business · high
Negative Cash Flows
The company has experienced negative cash flows from operating activities and may continue to do so in the future.
Financial · high
Lease Renewal Uncertainties
If the company is unable to renew lease agreements for any of its regional offices, it could result in loss of revenue and damage to reputation.
Operational · high
Working Capital Requirements
The company has significant working capital requirements and outstanding borrowings of ₹890.32 million as of June 15, 2026.
Financial · medium
Legal Proceedings
The company has ongoing legal proceedings and past non-compliances under the Companies Act that may attract penalties.
Legal · medium
What the business leans on, as the filing describes it.