Davin Sons Retail Limited

1. Experienced Management team having domain knowledge to scale up and expand into new opportunities.

2. Diversified revenue sources and customer base.

3. Smooth flow of operations.

4. Customer oriented approach.

5. Infrastructural Strength.

1. The Company has been recently incorporated and post incorporation has acquired the running business of M/s. Jesus Shirts (Proprietorship firm of its Promoter) thus the company has limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.

2. There are outstanding litigation proceedings involving the Company, its Promoters and/ or the company Directors, an adverse outcome in which, may have an adverse impact on its reputation, business, financial condition, results of operations and cash flows.

3. The Registered Office and warehouses of the Company are not owned by it.

4. Its top 10 customers contribute majority of the company revenues from operations for the financial year ended March 31, 2023. Any loss of business from one or more of them may adversely affect its revenues and profitability.

5. The company has not executed any agreement with any of its Job workers contractors.

6. The Company undertakes job work activities which exposes it to loss in case of Rejection of finished Material.

7. The company relies on third party manufacturers for manufacturing of its readymade garments. In the event the manufacturing facilities of the company third party manufacturers cease to be available to it at terms acceptable to the company, or its experience problems with, or interruptions at such facilities, its business, results of operations and financial condition may be adversely affected.

8. The company generate its major portion of sales from its operations in certain geographical regions of Delhi, Haryana, Uttar Pradesh and Punjab and any adverse developments affecting its operations in these regions could have an adverse impact on its revenue and results of operations.

9. If demand for its Garment accounting for major portion of the company revenue declines or if its do not successfully commercialize its products, or if the sale is delayed, its business and the results of operations may be adversely affected.

10. The Company depends on timely identification of evolving fashion trends and creating new designs. Any Delay on the part of the Company in this regard may adversely affect its business operations.