Innovatiview India Ltd IPO

Largest Player in terms of revenue in Fiscal 2024, the growing Indian market for examination integrated security solutions.

Extensive portfolio of integrated security offerings.

Technology intensive, client centric processes.

Pan-India operations backed by a business model catering to scale.

The company derived 80.70%, 73.58%, 77.91% and 69.20% of its revenue from operations in six months ended September 30, 2024 and Fiscals 2024, 2023 and 2022 respectively, from its top 10 clients. Loss of any of the company key clients, or reduction in revenue earned from such key clients, may have an adverse effect on its business, financial condition, cash flows and results of operations.

The company depends on contracts entered into with government institutions that account for a significant portion of its revenues. The company cannot assure you that such contracts will continue to be awarded to it in future. Failures to be awarded such contracts may adversely affect its business, results of operations, cash flows and financial condition.

The company revenue from operations are primarily concentrated in its examination and event management related services and the company derived 89.44%, 81.37%, 74.27% and 50.89% of its revenue from operations from such solutions in six months ended September 30, 2024 and Fiscals 2024, 2023 and 2022, respectively. Any adverse events affecting the market for examination integrated security solutions may adversely affect its business, results of operations, cash flows and financial condition.

The company relies on its vendor network to offer its services across India, and any failures to maintain the company vendor network, or failures by such vendors to render their services, may adversely affect its business, results of operations, cash flows and financial condition.