Risk Management Overview - Additional Information (Details) |
12 Months Ended | |
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Mar. 31, 2023
USD ($)
Customer
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Mar. 31, 2022
USD ($)
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Disclosure of risk management strategy related to hedge accounting [line items] | ||
Maximum credit exposure | $ 9,352,538 | $ 21,756 |
Trade payables and accrued liabilities | 705,605 | 1,115,473 |
Due to share holder and related party payable | 18,296 | 129,941 |
Cash | $ 9,352,538 | 21,756 |
Contractual maturities of trade payables | 90 days | |
Percenatge of revenue | 100.00% | |
Customer Concentration Risk | ||
Disclosure of risk management strategy related to hedge accounting [line items] | ||
Revenue | $ 8,561 | 0 |
Percenatge of revenue | 100.00% | |
Number of customer | Customer | 1 | |
Accounts receivable from customers | $ 0 | $ 0 |
Credit Risk | ||
Disclosure of risk management strategy related to hedge accounting [line items] | ||
Information on how entity determined whether credit risk of financial instruments has increased significantly since initial recognition | The Company has assessed no significant increase in credit risk from initial recognition based on the availability of funds, the regulatory and economic environment of the financial intermediary. As a result, the loss allowance recognized during the period was limited to 12 months expected credit losses. Based on historical information, and adjusted for forward-looking expectations, the Company has assessed an insignificant loss allowance on this cash balance as at March 31, 2023 and 2022, respectively. |
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- Definition The amount of cash on hand and demand deposits. [Refer: Cash on hand] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table. No definition available.
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- Definition Information on how an entity determined whether the credit risk of financial instruments has increased significantly since initial recognition, including if and how: (a) financial instruments are considered to have low credit risk; and (b) the presumption that there have been significant increases in credit risk since initial recognition when financial assets are more than 30 days past due, has been rebutted. [Refer: Credit risk [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount that best represents the maximum exposure to credit risk without taking into account any collateral held or other credit enhancements (for example, netting agreements that do not qualify for offset in accordance with IAS 32). [Refer: Credit risk [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The percentage of the entity's revenue. [Refer: Revenue] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount due from customers for goods and services sold. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Contractual maturities of trade payables. No definition available.
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- Definition Due to share holder and related party payable. No definition available.
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- Definition Number of customer. No definition available.
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- Definition Trade payables and accrued liabilities. No definition available.
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