Adisoft Technologies Ltd IPO

Strategic Capacity Expansion through a New Factory Unit.

Diversification into Non-Automotive Sectors.

Focus on Consistent Adherence to Quality Standards.

To build professional Organisation by recruiting and retaining highly-skilled employees.

The companys business is dependent on the sale of its services to certain key customers. The loss of any of these customers or loss ofrevenue from sales to these customers could have a material adverse effect on the companys business, financial condition, results ofoperations and cash flows.

The company depends significantly on the performance of automotive sector for sale of its automation solutions. Any adverse change inperformance of automotive sector could adversely affect the companys business and profitability.

The Company is dependent on limited number of suppliers, within limited geographical locations for procurement of rawmaterials. Any delay, interruption or reduction in the supply of raw materials required for its products may adversely affect the companysbusiness, results of operations, cash flows and financial condition.

The industry where the Company operates is a highly skilled and technical employee intensive industry and the companys success dependslargely upon its skilled professionals and its ability to attract and retain these personnel.

The company is subject to strict quality requirements and any failures to comply with quality standards may lead to cancellation of existingand future orders, product recalls, product liability, warranty claims and other disputes and claims.

If there are delays in setting up the Proposed factory unit or if the costs of setting up and the possible time or cost overrunsrelated to the Proposed factory unit or the purchase of furniture, fixtures and laptops for the Proposed factory unit are higherthan expected, it could have a material adverse effect on its financial condition, results of operations and growth prospects.

The Company has not adequately complied with some of the provisions of the Companies Act, 2013. There are certaindiscrepancies/errors noticed in some of its corporate records and forms filed with the Registrar of Companies and otherprovisions of the Companies Act. Any penalty or action taken by any regulatory authority in future for such non-compliancecould impact the reputation and financial position of the Company to that extent.

The restated consolidated financial statements have been provided by peer reviewed chartered accountants who is not statutoryauditor of the Company.

The company does not own its registered office, Assembly unit and Sales & Service Support offices from where the company carry out its businessactivities.

The company has experienced negative operating cash flows in the past. Any operating losses or negative cash flows in the future couldadversely affect its results of operations and financial conditions.