Complete Sports and Management India Limited IPO

Exclusive distributorship for Brunswick Bowling products in India.

Comprehensive end-to-end amusement and entertainment solutions platform with integrated consultancy andoperations management capabilities.

Experience across diverse leisure and hospitality segments.

Forward Integration through the Establishment of our Owned Entertainment Centres under the Duckpin - TheBowling Bistro and All Sett Go Brands.

Established relationships with international equipment manufacturers.

Experienced promoters and management team with strong execution capabilities.

The company derived 80.53%, 65.55% and 80.45% of its revenue from the companys top ten customers for the Fiscals 2026, 2025 and2024, respectively. The loss of any of these customers or reduction in business from such will have a material adverseeffect on its business, financial condition, results of operations and cash flows.

The companys revenue is substantially dependent on demand for its amusement and entertainment solutions portfolio andrelated services. Any decline in demand for such offerings, changes in customer preferences, loss of significantcustomers, or adverse developments in the entertainment and leisure industry could materially and adversely affectthe companys business, financial condition, results of operations and cash flows.

The companys purchases is substantially concentrated among a limited number of international manufacturers andsuppliers, with its top ten suppliers accounting for 81.93%, 73.20% and 81.07% of the companys total purchases for theFiscal 2026, Fiscal 2025 and Fiscal 2024, respectively. Any disruption in the companys relationships with such manufacturersand suppliers could materially and adversely affect its business, financial condition, results of operations and cashflows.

The company is the exclusive distributor of Brunswick bowling product LLC in certain jurisdictions, and revenues generatedfrom Brunswick bowling equipment accounted for 50.21%, 34.42% and 50.67% of the companys revenue from operations forthe Fiscal 2026, Fiscal 2025 and Fiscal 2024 respectively. Any loss of exclusivity, deterioration in the companys relationshipwith Brunswick, or disruption in the supply of Brunswick products could materially and adversely affect itsbusiness, financial condition, results of operations and cash flows.

The companys business is substantially dependent on demand from family entertainment centres, which accounted for 87.47%,73.77% and 78.70% of its revenue from operations for the Fiscal 2026, Fiscal 2025 and Fiscal 2024 respectively,and on the companys ability to maintain long-term relationships with customers in its key end-user segments. Any adversedevelopments affecting such customer segments or relationships could materially and adversely affect the companys business,financial condition, results of operations and cash flows.

The company has experienced negative cash flows in the past operating, investing and financing activities and may continueto do so in the future, which could materially and adversely affect its liquidity, financial condition, results ofoperations and ability to implement the companys growth plans.

A substantial portion of the companys revenue from operations is geographically concentrated in Maharashtra, Karnatakaand Telangana, which collectively contributed 78.57%, 60.95% and 55.44% of its revenue from operations for theFiscal 2026, Fiscal 2025 and Fiscal 2024, respectively. The company also derive a portion of its revenue from export sales toa limited number of international jurisdictions. Any adverse developments affecting these geographies couldmaterially and adversely affect the companys business, financial condition, results of operations and cash flows.

The companys business depends, in part, on discretionary consumer spending, customer footfall at entertainment venues andgeneral economic conditions that are beyond its control. Any adverse changes in such factors could adverselyaffect demand for the companys products and services and materially and adversely affect its business, financial condition,results of operations and cash flows.

The companys business is significantly dependent on the competence, experience, and reliability of its technicians, who areresponsible for the on-site assembly, installation, testing, and commissioning of amusement equipment at customerlocations. The nature of the companys products requires strict adherence to technical specifications, safety standards, andsite-specific requirements, making the role of these technicians critical to ensuring safe and effective operation.

The companys recent growth in revenue may not be sustainable, and any slowdown in demand for its key products andservices could materially and adversely affect the companys business, financial condition, results of operations and cash flows.