Afcom Holdings Ltd IPO

Workforce Expertise.

Leadership Excellence.

Advanced Inspection Systems.

Delivery Commitment.

Specialized Talent Retention.

A member of its Promoter Group, namely P Karthik Iyer Parasuraman is involved in legal proceedingsinvolving SEBI and /or Stock Exchange and CBI.

The companys top five customers contribute majority of its revenues from operations. Any loss of business from one or more of them may adversely affect its revenues and profitability.

Any delay in delivering the goods could adversely affect its Business and operations.

The company individual Promoters plays key role in its functioning and the company heavily relies on their knowledge and experience in operating its business and therefore, it is critical for the companys business that its Promoter and Executive Directors remain associated with it. The companys success also depends upon the services of its key managerial personnel and the companys ability to attract and retain key managerial personnel and its inability to attract them may affect the companys operations.

The Company has negative cash flow in the past and may continue to do in future, which could have amaterial adverse effect on its business, prospects, financial condition, cash flows and results of operations.

Due to confidentiality of Information the company can not disclose the names of the global aircraft lessors with whom agreement will enter in the offer document.

Its Registered Office from where the company operates is not owned by it.

There are outstanding legal proceedings involving the Company. Any adverse decision in suchproceedings may have a material adverse effect on its business, results of operations and financialcondition.

Its ability to attract, train and retain executives and other qualified employees is critical to the companys business, results of operations and future growth.

The Company has availed certain unsecured loans.