The company doesn't own any land or any other facilities including the current warehouses and registered offices. All of these properties are owned by its Promoter and Promoter Group and are provided on the rental basis to the company.

The Company is dependent on a few suppliers for purchase of product. Loss of any of these large suppliers may affect its business operations. Moreover, significant revenue of the company is from related party.

The Company has not entered into any agreements/ contracts for the supply of products. Risks related to shortfall or non-availability of products may adversely affect its manufacturing processes and have an adverse impact on the company operations and financial condition.

Its Group Companies and also Promoter Group Entities is engaged in similar line of business.

Historically, the company has been engaged in the business of Paper trading. Company is proposing to setup Waste paper processing Units. The activity of setting up a processing unit of wastepaper is a segment which the company has limited operating history, which, may make it difficult for the investor to evaluate its historical performance or future prospectus.

The company has a significant sale generated from state of Gujarat and any adverse developments affecting its operations in this state could have an adverse development affecting the company operation in this state could have an adverse impact on its revenue and results of operation.

Its Group company which constitutes a significant part of the company related party transactions M/s Majethia Papers Private Limited is currently involved a criminal case and in certain other tax related proceedings which are currently pending at various jurisdiction which may adversely affect the business of M/s Majethia Papers Private Limited impacting the scale of its business and affecting the going concern of the M/s Majethia Papers Private Limited which will ultimately affect its transactions and profitability ending up exposing the company to huge risk.

The company has not yet placed orders in relation to the funding Capital Expenditure towards Setting up of Wastepaper Processing Units. In the event of any delay in placing the orders, or in the event the lessors are not able to start the Civil work in a timely manner, or at all, may result in time and cost over-runs and its business, prospects and results of operations may be adversely affected. The company proposed processing Units plans are subject to the risk of unanticipated delays in implementation due to factors including delays in construction, obtaining regulatory approvals in timely manner and cost overruns.

The Company has lapsed /delayed in making the required filings under Companies Act, 2013 .

The Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect its revenues and profitability.