Pranav Constructions Limited IPO

The company Redevelopment activities is geographically concentrated in the MCGM Region4, and more specifically, the Western Suburbs5 which have accounted for 99.66%, 99.50%, 99.74% and 99.89% of its revenue from operations for nine-month period ended December 31, 2024, Fiscal 2024, Fiscal 2023 and Fiscal 2022, respectively. Consequently, it is exposed to risks from varying market conditions, economic, regulatory and other changes as well as natural disasters in the MCGM Region, which in turn may have an adverse effect on the business, results of operations, cash flows and financial condition.

An inability to complete the company Under-construction Redevelopment Projects and Upcoming Redevelopment Projects by their respective expected completion dates or at all could have a material adverse effect on its business, reputation, results of operations and financial condition.

If the company is not able to sell its Redevelopment Projects inventory in a timely manner, it may adversely affect of the business, results of operations and financial condition.

The company does not enter into agreements for supply of construction materials for its Redevelopment Projects. Significant increases in prices or shortage of or delay or disruption in supply of construction materials may result in time and cost overruns and may impact the business prospects, results of operations and financial condition.

The company depends on a limited number of suppliers for construction materials for its Redevelopment Projects. Any interruption in the availability of construction materials could adversely impact the business, results of operations and financial condition.

The company depends on a limited number of contractors for the business activities and operations. Any delay or failure on the part of such contractors to adhere to their obligations could adversely affect the company business operations and financial condition.

Its may not be able to successfully identify and acquire Redevelopment Projects in the future, which may have an adverse impact on the business and the growth of the Company.

The company has entered into Redevelopment agreements with Co-operative Housing Societies to acquire Redevelopment rights which may entail risks pertaining to irregularities in the title or use of land for which the company have acquired Redevelopment rights which could have an adverse impact on its business operations and financial performance.

The company business requires significant expenditure for Redevelopment Projects and is dependent on the availability of financing, which may not be available on terms acceptable to it in a timely manner or at all. The company inability to obtain funding on reasonable terms, or at all, could affect the ability to construct the company Redevelopment Projects and would have an adverse effect on the business and results of operations.

The company is subject to penalty clauses under the Redevelopment agreements entered into with Co-operative Housing Societies for any delay in the completion or defects in construction of the Redevelopment Projects. If such penalties is levied, it may have an adverse effect on the business, financial condition and results of operations.