Credent Connect N Care Ltd IPO

Comprehensive Healthcare Ecosystem and Logistics Platform.

Well established relationships with clients.

Leveraging the experience of our Promoters and Directors.

Widespread reach in domestic markets.

The company derives a significant portion of its revenue from operations from the companys top 10 customers with which the company does nothas any firm commitments. The loss of any one or more of its major customers would have a material adverseeffect on the companys business, cash flows, results of operations and financial condition.

The companys business is dependent on diagnostic and healthcare companies, and any reduction in their testing volumes,outsourcing requirements, or adverse sector developments could materially and adversely affect its business,financial condition, and results of operations.

The company is exposed to risks relating to loss, damage, contamination or delay in transportation of diagnostic samples,which could result in client claims, financial liabilities and reputational harm.

The companys business depends on service-level contracts with clients that are subject to renewal, renegotiation andtermination, and its inability to maintain or renew such contracts on favourable terms could materially andadversely affect the companys business.

The companys business is working capital intensive and trade receivables constitute a significant portion of its current assets.Any delay or failures in realisation of trade receivables could adversely affect its cash flows, liquidity and financialcondition.

The companys business is highly dependent on the availability and performance of a large, skilled and geographicallydispersed workforce, and its inability to effectively manage, train and retain such personnel could adversely affectits operations.

The companys operations depends on the continuous availability of specialised packaging materials and consumables, and anydisruption in their supply or increase in their cost could adversely affect its service delivery and profitability.

Misconduct, fraud, negligence or theft by the company field personnel could adversely affect its business, reputation andfinancial condition.

The companys subsidiary companies has incurred losses and had a negative net worth in the past, and any future losses mayadversely affect its financial condition and the companys consolidated results.

The company relies on financing from banks or financial institutions to carry on its business operations, and inability toobtain additional financing on terms favorable to it or at all could have an adverse impact on its financialcondition. If the company is unable to raise additional capital, its business and future financial performance could beadversely affected.