RISKS IN RELATION TO THE OFFER
This being the first public issue of Equity Shares of our Company, there has been no formal market for the Equity Shares of our Company. The face value of the Equity Shares is ₹ 10/- each. The Offer Price, Floor
Price or the Price Band as determined by our Company in consultation with the Book Running Lead Manager (“BRLM”) and on the basis of the assessment of market demand for the Equity Shares by way of
the Book Building Process, as stated under “Basis for Offer Price” beginning on page 90, should not be considered to be indicative of the market price of the Equity Shares after the Equity Shares are listed. No
assurance can be given regarding an active and/or sustained trading in the Equity Shares nor regarding the price at which the Equity Shares will be traded after listing.
GENERAL RISKS
Investments in equity and equity-related securities involve a degree of risk and investors should not invest any funds in this Offer unless they can afford to take the risk of losing their entire investment. Investors
are advised to read the risk factors carefully before taking an investment decision in this Offer. For taking an investment decision, investors must rely on their own examination of the Offeror and this Offer,
including the risks involved. The Equity Shares have not been recommended or approved by the Securities and Exchange Board of India (“SEBI”), nor does SEBI guarantee the accuracy or adequacy of the
contents of this Red Herring Prospectus. Specific attention of the investors is invited to “Risk Factors” beginning on page 28.
OFFER’S AND SELLING SHAREHOLDERS’ ABSOLUTE RESPONSIBILTY
The Offer, having made all reasonable inquiries, accepts responsibility for and confirms that this Red Herring Prospectus contains all information with regard to our Company and the Offer, which is material in
the context of the Offer, that the information contained in this Red Herring Prospectus is true and correct in all material aspects and is not misleading in any material respect, that the opinions and intentions
expressed herein are honestly held and that there are no other facts, the omission of which makes this Red Herring Prospectus as a whole or any of such information or the expression of any such opinions or
intentions misleading in any material respect. Further Each of the selling shareholders severally and jointly, accepts responsibility only for the statements expressly made by such selling shareholders in this Red
Herring Prospectus as Selling Shareholder in connection with the Offer for Sale and the Equity Shares by such Selling Shareholder in the Offer for Sale and that statements are true and correct in all material
respects and are not misleading in any material respect. The Selling Shareholders assume no responsibility for any other statements, including, inter alia, any of the statements made by or relating to our Company
or any other Selling Shareholder in this Red Herring Prospectus.
LISTING
The Equity Shares Issued through Red Herring Prospectus are proposed to be listed on EMERGE Platform of National Stock Exchange of India Limited (“NSE EMERGE”), in terms of the Chapter IX of the
SEBI (ICDR) Regulations, 2018, as amended from time to time. Our Company has received an In-Principle Approval letter no NSE/LIST/5382 dated July 17, 2025 from National Stock Exchange of India Limited
(“NSE”) for using its name in Offer document and listing our shares on NSE EMERGE. For this Issue, the designated Stock Exchange is NSE. A signed copy of the Red Herring Prospectus/ Prospectus shall be
filed with the RoC in accordance with Sections 32 of the Companies Act, 2013. For details of the material contracts and documents available for inspection from the date of the Red Herring Prospectus up to the
Bid/Offer Closing Date
