Solar91 Cleantech Ltd IPO

Our inability to capitalize the opportunities and growth in the solar industry.

Promotion of solar industry by the Government of India.

Cordial relations with our clients.

Its present promoters of the Company are first generation entrepreneurs.

The Company does not own the premises through which its conduct the companys business operations.

Its business 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.

Solar projects requires significant upfront investment, and securing financing can be challenging, especially in volatile markets.

The companys business operations depends on stable solar weather conditions, and any unfavorable weather could significantly impact its business, financial health, and operational outcomes.

Potential conflicts of interest could arise if its Promoters or Directors engage in any business activities that compete with or are similar to the company own.

Its operations are subject to risks of mishaps or accidents that could cause damage or loss to life and property. Any such fatal accident or incident causing damage or loss to life and property in future could negatively affect its reputation, thereby making it more difficult for it to conduct its business operations effectively.

There have been instances of delay in filing of GST, ESIC, and PF returns of the Company. Its may be subject to regulatory actions and penalties for any such delays and its business, financial condition and reputation may be adversely affected.

The Company has negative cash flows from its operating, investing and its financing activities in the current and past years, details of which are given below. Sustained negative cash flow could impact on its growth and business.

Its material consumed is key to the company business. Thus, cost of material consumed expenses constitute a major portion of its expenses. Such a significant increase in this cost could lead to lower profitability.