A B Infrabuild Limited

We, Our Promoter and Directors are currently involved in certain litigation which is currently pending at various stages; any adverse decision in such proceedings may render us liable to liabilities and penalties and may adversely affect our business and results of operations.

DRHP p.11

Majority of our revenues will be dependent on one customer, Indian Railways, which is our largest customer, contributing to 57% of our revenue in Fiscal 2018. Loss of Indian Railways as our largest customer due to any reason whatsoever, would result in a significant dip in our revenues, thereby adversely affecting our profitability, business, financial condition and results of operations.

DRHP p.12

The Issue price of our Equity Shares may not be indicative of the market price of our Equity Shares after the Issue and the market price of our Equity Shares may decline below the issue price and you may not be able to sell your Equity Shares at or above the Issue Price.

DRHP p.19

Our revenues largely depend on acceptance of the bids submitted to the Government and Government Departments. Our performance could be affected in case majority of the bids are not accepted / awarded to us or we negotiate a lower bid value.

DRHP p.12

Our attempts to secure government and PSU projects may not always be successful. Our financial condition would be materially and adversely affected if we fail to obtain new contracts.

DRHP p.12

We generate major portion of our revenue from our operations in certain geographical regions especially Mumbai and any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.

DRHP p.13

The contracts in our order book may be adjusted, cancelled or suspended by our clients and, therefore, our order book is not necessarily indicative of our future revenues or earnings.

DRHP p.14

Our Company had negative cash flow in recent financial years. Sustained negative cash flow could adversely impact our business, financial condition and results of operations.

DRHP p.16

Failure to recover amounts from our Sundry Debtors / Trade Receivables on a timely manner might affect our financial condition.

DRHP p.16

Our Company has availed ₹ 405.02 lakhs as unsecured loan as on March 31, 2018 which are repayable on demand. Any demand from the lenders for repayment of such unsecured loan may affect our cash flow and financial condition.

DRHP p.16

We may experience reduced profits or losses under or, in some cases, cancellations or deferrals of, contracts if costs increase above estimates.

DRHP p.14

Our clients operate in a highly regulated environment, and existing and new laws, regulations and government policies affecting the sector in which they operate could adversely affect our business, financial condition and results of operations. Any failure to obtain licenses and approvals by our clients, could adversely affect our business, financial condition and results of operations.

DRHP p.13

We require number of approvals, licenses, registrations and permits for our business and are required to comply with certain rules, regulations and conditions to operate our business and failure to obtain, retain or renew such approvals and licenses in a timely manner or to comply with the requisite rules, regulations and conditions may adversely affect our operations.

DRHP p.17

Any changes in the regulatory framework could adversely affect our operations and growth prospects

DRHP p.19