Pros
We can check our mental strength here, good mental exercise for negativity. Otherwise facilities are average and policies are for name sake and benefiting only management. Work is very challenging, as we don't know where we are heading nor the seniors know.
Cons
Cheap mentality and do not progress approach, they are re-engineering and failing every single time. So please do not expect stability, may be one day they will achieve but it may be too late. Ultimately not a good place for freshers and less experienced. my advice is you can shape your career better in some other reputed organisation. Late salaries, overloaded work(which will be scrapped due to wrong approach), every minute tension of loosing the job, people spend more time searching than working here, so the productivity and efficiency is low. overall negative environment.