Aegeus Technologies Ltd IPO

Designing and execution capabilities.

Experienced management team and a motivated and efficient work force.

Cordial relations with our consumers.

Quality assurance and control.

We depend on a limited number of customers for a significant portion of our revenues. The loss of a majorcustomer or significant reduction in demand from any of our major customers may adversely affect our business,financial condition, results of operations and profitability.

Unpredictable soiling patterns, seasonal variations and extreme weather events could materially andadversely affect the companys business, financial condition, results of operations and cash flows.

Manufacturing or quality control issues in the companys products could adversely affect its business and reputation.

Limited market adoption of robotic solar panel cleaning solutions and uncertainty regarding industry maturity.

Rapid technological change and risk of obsolescence in robotic cleaning solutions.

There are outstanding legal proceedings involving our Company as well as our promoter/promoter group, KeyManagerial personel (KMPs) and Senior Manager Personel . Any adverse outcome on such proceedings mayaffect our business, financial condition and reputation.

Dependence on timely completion of land acquisition and construction for capacity expansion.

Our Top 10 Suppliers contribute a significant portion of our raw material Any dispute with one or more of themmay adversely affect our business operations.

Under-utilization of our current manufacturing facility and any inability to effectively utilize our manufacturingcapacity could have an adverse effect on our business, future prospects and financial performance.

Risks related to allocation of net proceeds towards product development.