Seemax Resources Ltd IPO

Comprehensive Rental Solutions with Value-Added Services.

Skilled and Dedicated Workforce.

Quality Assurance of Our Services.

Experienced Promoters and Senior Management with Technical Expertise

Authorised Dealership Network.

The Companys borrowings is secured by a charge over its assets, and the company significant dependence on external debt(secured and unsecured) financing exposes its to risks that may materially and adversely affect the company business operations,financial condition, cash flows, and credit worthiness.

The company business relies significantly on revenue from the rental of Material Handling Equipment, and any negativedevelopments in this segment could has a material impact on its financial performance, operations, and cash flows.

A significant portion of the company revenue is derived from a limited number of clients. Loss of one or more such key clients ora reduction in demand from them could affect its business, financial condition, cash flows, and results of operations.

Certain delays, discrepancies and Omissions has been detected in the company statutory records, as well as in records related tothe submission of returns to the concerned Registrar of Companies.

The company revenues is highly dependent on its operations in geographical region of state of Gujarat. Any adverse developmentaffecting the company operations in this region could has an adverse impact on its business, financial condition and results ofoperations.

Non-Compliance with Section 185 of the Companies Act, 2013 Relating to Loan to a Related Party.

The company relies on third-party supplier for the procurement of Material Handling Equipment (MHE). Any disruption in thesupply chain or failures by such suppliers to fulfil their obligations may adversely impact its ability to meet clientrequirements and affect the company revenues.

The company success is dependent on its ability to attract, retain, and effectively manage a skilled workforce, and any attrition orfailures to retain key employees could adversely affect the company operations, financial performance, and business continuity.

The company Registered and Workshop is not owned by its. In the event that the company lose such rights or are required to renegotiatearrangements for such rights, its business results of operations, profitability and margins, cash flows and financialcondition could be adversely affected.

Rapid technological advancements in Material Handling Equipment may render the company existing fleet obsolete, requiringsignificant capital investment and impacting its competitiveness.