NSE · Source: SEBI
From the prospectus, ordered by severity. Wording is close to the filing — not softened.
Concentration Risk
Business is entirely concentrated in the state of Kerala.
Business · high
Negative Cash Flows
Negative cash flows from operating activities reported as (1,774.51) Lakhs for the six-month period ended September 30, 2025.
Financial · high
Dependence on Contractors
Dependence on independent contractors and specialists for construction and project execution.
Business · medium
Regulatory Approvals
Demand for residential projects is dependent on availability and affordability of housing finance.
Business · medium
Related Party Transactions
Company has entered into related party transactions.
Business · medium
What the business leans on, as the filing describes it.