Iware Supplychain Services Ltd IPO

The company business is dependent on the sale of its services to certain key Industries and certain customers including the company Promoter Group Companies. The negative change in industry and/or loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.

The company depends on third parties to acquire vehicles utilized in its transportation operations. Further, market instability, including changes in fuel costs may adversely impact the company's operations and financial performance.

The Company may experience the effects of seasonality which may result in operating results fluctuating significantly.

The Company does not verify the contents of freights/ packages transported by them, thereby exposing to the risk associated with hazardous materials etc.

The Company operates in a highly fragmented industry and faces intense competition.

The company does not own the premises in which its registered office is located and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect its operations.

Its business heavily relies on the expertise and guidance of the company Directors and Key Managerial Personnel to ensure sustained success. The loss of any of them could have a significant impact on the company.

Variation in the utilization of the net proceeds.

Its business is dependent on the sale of the company services to certain key Industries and certain customers including its Promoter Group Companies. The negative change in industry and/or loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.

There are outstanding legal proceedings involving the Company and one of its Promoters/ Directors. Any adverse outcome in such proceedings may have an adverse impact on its reputation, business, financial condition, results of operations and cash flows.