The company, its Promoter and Director are parties to certain legal proceedings; an adverse decision could materially affect the business, operations and financial condition.

The company has no long-term raw material supply agreements; failure to procure quality raw materials at competitive prices could adversely affect operations and profitability.

A substantial portion of revenue depends on a few customers; loss of one or more top customers could materially affect revenue and profitability.

The company's business is subject to seasonal and other fluctuations in demand across its product categories, which may affect cash flows and business operations from period to period.

The company's lenders hold charge over its movable property, book debts, stocks and other assets in respect of finance availed by the company, restricting its ability to deal freely with such assets.

The company's supply arrangement with a Quick-Commerce platform operates on a sell-or-return settlement model, exposing it to risks of unsold inventory, rejections and payment timing.

The company has no physical retail stores of its own, resulting in complete dependence on online marketplaces and its own websites for customer acquisition, sales and revenue generation.

Inaccuracies or discrepancies in certain statutory filings may attract regulatory scrutiny, with no assurance of a favourable outcome if an adverse notice is issued.

There are certain instances of past delays by the company in its filings and interactions with the Registrar of Companies and other statutory authorities, as disclosed in the Prospectus.

The objects of the Issue, including capital expenditure, debt repayment and working capital, have not been appraised by any bank or financial institution and are based on management estimates.