Mahendra Realtors & Infrastructure Ltd IPO

Experienced and Qualified Management and Employee base.

Strong and Consistent Financial Performance.

Growing customer base.

Scalable and reliable business model.

Experienced Promoters and Senior Management with extensive domain knowledge.

Its Top 10 customers contribute more than 50% of the revenue in the all three financial years. The lossof any one or more of the company major customers would have a material adverse effect on its business, cashflows, results of operations and financial condition. Further, the company generally do business with itscustomers on a Work order basis and does not enter into long-term contracts with them. Its inability tomaintain relationships with its customers could have an adverse effect on the company business, prospects,results of operations and financial condition.

Its revenues largely depend on acceptance of the bids submitted to the Government and GovernmentDepartments. The company performance could be affected in case majority of the bids are not accepted / awardedto it or the company quote a lower bid value.

Its construction, interior / structural repairs & restoration/ retrofitting projects may be delayed,modified or cancelled for reasons beyond the company control which may materially and adversely affect itsbusiness, financial condition and results of operation.

The geographical concentration of its customer base may restrict the company operations and adversely affectits business, results of operations, and financial conditions in the future.

Increase in competition in the Indian real estate sector may adversely affect profitability.

Its top ten suppliers contribute significant part of the company purchases. Any loss of business with one or moreof them may adversely affect its business operations and profitability.

The Company, Promoters, and Directors are not involved in certain legal and regulatory proceedingsexcept as disclosed below. Any future litigation may have a material adverse effect on its business.

Its business is manpower intensive and the company is dependent on the supply and availability of a sufficientpool of contract labourers from sub-contractors at our project locations. Unavailability or shortage ofsuch a pool of contract labour or any strikes, work stoppages, increased wage demands by workmen orchanges in regulations governing contractual labour may have an adverse impact on its cash flows andresults of operations.

The profits from our projects are difficult to predict and are not comparable at all.

Projects undertaken through a joint venture may be delayed on account of the performance of the jointventure partner or, in some cases, significant losses from the joint venture may have an adverse effecton its business, results of operations and financial condition.