Dove Soft Ltd IPO

Sustainable business model and consistent financial track record.

Diversified service portfolio resulting in our lesser dependence on a single industry, product or services;.

Scalable delivery platform supported by robust infrastructure.

Experienced Promoter and senior management team

The Company is involved in certain income tax proceedings, and any adverse outcome may adversely affect itsfinancial condition, cash flows and reputation.

Certain income tax proceedings involving one of its Group Company i.e. E-Trav Tech Limited may adverselyaffect the companys reputation and financial position.

Certain proceedings relating to an entity previously associated with a member of the companys Promoter Group mayadversely affect the reputation of such member and, consequently, the Company.

The company may be subject to penalties or regulatory action for not obtaining a fresh valuation report at the time ofcancellation of the transaction with Rajabhau Shriram Phad.

The company is dependent on its strategic relationship with Channel partners and the companys direct relationships with mobilenetwork operations (MNOs). The companys inability to enters into or maintain such relationships, particularly with MNOs,may adversely affect its business, financial condition and results of operations.

Failures, defects, delays and other problems involving the technology systems and infrastructure on which the company relieson providing its services and solutions to the companys clients may adversely affect its business, financial condition andresults of operations.

The company faces a risk from potential claims resulting from clients misuse of its platform to send unauthorized textmessages and calls and other services in violation of TRAI regulations.

The companys revenue depends on the limited number of clients and the loss of such clients could adversely affect itsfinancial condition and results of operations.

The companys revenue is highly dependent on clients primarily located in North and West Zone of India. Any declineeconomic health of such regions could adversely affect its business, financial condition and results of operations.

Conflict of interest may arise as the companys Subsidiary, one of its group company and some of the companys promoter group entitiesare authorized to carry on a similar line of business as the Company which may lead to real or potential conflictsof interest for its Promoters or Directors.