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NSE · Source: SEBI
From the prospectus, ordered by severity. Wording is close to the filing — not softened.
Market Risk
There is no assurance of active trading or the price at which the shares will be traded post-listing.
High · high
Customer Concentration Risk
Top 10 customers contributed 52.83% of revenue from operations in the six months ended September 30, 2025.
Medium · medium
Coal Supply Risk
If we are unable to import sufficient amounts of coal or find alternative domestic supplies, our business could be adversely affected.
Medium · medium
What the business leans on, as the filing describes it.