-
The Company has adopted an integrated business model and its commercial success is largely dependent upon the company ability to develop innovative specialized plastic products suitable to the needs of its customers. The company inability to effectively utilize and manage its PPD and Design Divisions to develop innovative products would impact its integrated business model, thereby affecting the utility of the company products resultantly impacting its revenue and profitability.
-
The commercial success of its products depends to a large extent on the success of the company customers. If the industry or the business in which its customers are engaged in does not perform well, it could have a material adverse effect on its business, financial condition and results of operations.
-
The company depend on a few customers of its products, for a significant portion of the company revenue, and any decrease in revenues or sales from any one of its key customers may adversely affect its business and results of operations.
-
Any inability to pass on increased price of the raw material, used for manufacturing its products may affect the company profitability.
-
The company is subject to extensive government regulation with respect to the raw materials used in its manufacturing process. A failure to comply with the relevant environmental regulations or any noncompliance with, or changes in, regulations applicable to it may adversely affect the company business, results of operations, financial condition and cash flows.
-
The company conduct its business activities on a purchase order basis and therefore, have not entered into long-term agreements with its customers.
-
There are outstanding litigations involving the Company, Promoters and Directors which, if determined adversely, may affect its business and financial condition.
-
If the company product development efforts do not succeed, its may not be able to improve the company existing products and/or introduce new industry applications for its products, which could adversely affect the company results of operations, growth and prospects. Further, if its are unable to anticipate and respond to changes in the market trends and changing customer preferences in a timely and effective manner, or if its fail to maintain the company reputation or increase the market for its products, the demand for its products may decline.
-
The company continued operations are critical to its business and any shutdown of the company manufacturing unit may adversely affect its business, results of operations and financial condition.
-
Any failure in its quality control processes may adversely affect the company business, results of operations and financial condition. Its may face product liability claims and legal proceedings if the quality of its products does not meet the company customers` expectations.
-
The company highly depend on its key raw materials and a few key suppliers who help it procure the same. The Company has not entered into long-term agreements with its suppliers for supply of raw materials. In the event its are unable to procure adequate amounts of raw materials, at competitive prices its business, results of operations and financial condition may be adversely affected.
-
In the event its marketing initiatives do not yield intended results the company business and results of operations may be adversely affected.
-
Any delays and/or defaults in customer payments could result in increase of working capital investment and/or reduction of the Company`s profits, thereby affecting itd operation and financial condition.
-
The Company proposes to utilize part of the Net Proceeds for repayment or pre-payment, in full or in part, of all or certain borrowings availed by the Company and accordingly, the utilization of that portion of the Net Proceeds will not result in creation of any tangible assets.
-
The Company is subject to foreign exchange control regulations which can pose a risk of currency fluctuations.
-
The company inability to effectively manage its growth or to successfully implement the company business plan and growth strategy could adversely affect its business, results of operations and financial condition.
-
There have been instances of delays of certain forms which were required to be filed as per the reporting requirements under the Companies Act, 2013 to RoC. Further, there have also been instances where the Company has inadvertently failed to file certain statutory filing with the RoC.
-
The company operations can be adversely affected in case of industrial accidents at its manufacturing unit. Further, any fire or mishap or accidents of such nature at the Company`s facilities could lead to accident claims and damage and loss of property, inventory, raw materials, etc.
-
The Company requires significant amount of working capital for a continuing growth. Its inability to meet the company working capital requirements may adversely affect its results of operations.
-
If the Company is unable to protect its intellectual property, or if the Company infringes on the intellectual property rights of others, its business may be adversely affected. In the event, any actions of the Company qualifies as a breach of any of the clauses of this deed, it could have a material impact on its goodwill, business operations, financial condition and results of operations.
-
The company funding requirements and proposed deployment of the Net Proceeds are based on management estimates and have not been independently appraised, and may be subject to change based on various factors, some of which are beyond its control.
-
The Company has experienced negative cash flow in the past and may continue to do so in the future, which could have a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.
-
The company is dependent on information technology systems in carrying out its business activities and it forms an integral part of the company business. Further, if its are unable to adapt to technological changes and successfully implement new technologies or if its face failure of the company information technology systems, its may not be able to compete effectively which may result in higher costs and would adversely affect its business and results of operations.
-
The company may be unable to grow its business in additional geographic regions or international markets, which may adversely affect its business prospects and results of operations.
-
The company do not own certain premises used by the Company. Disruption of its rights as licensee/ lessee or termination of the agreements with the company licensors/ lessors would adversely impact its manufacturing operations and, consequently, the company business.
-
The company inability to receive or renew the necessary licenses, approvals and registrations in a timely manner or at all may lead to interruption of the Company`s operations.
-
The company is dependent on third party transportation providers for delivery of raw materials to it from the company suppliers and delivery of the company finished products to its customers. Its have not entered into any formal contracts with the company transport providers and any failure on part of such service providers to meet their obligations could adversely affect its business, financial condition and results of operation.
-
If the company is unable to identify customer demand accurately and maintain an optimal level of inventory proportionately, its business, results of operations and financial condition may be adversely affected.
-
The company has significant power and water requirements for continuous running of its manufacturing unit. Any disruption to the company operations on account of interruption in power and water supply or any irregular or significant hike in power tariffs may have an effect on its business, results of operations and financial condition.
-
The company operate in a competitive business environment and its inability to compete effectively may adversely affect the company business, results of operations, financial condition and cash flows.
-
The company Promoters, Directors and Key Managerial Personnel have interests in the Company other than reimbursement of expenses incurred or normal remuneration or benefits.
-
The company Promoters and members of the Promoter Group have significant control over the Company and have the ability to direct its business and affairs; their interests may conflict with your interests as a shareholder.
-
The company future fund requirements, in the form of further issue of capital or securities and/or loans taken by it, may be prejudicial to the interest of the Shareholders depending upon the terms on which they are eventually raised.
-
The company has certain contingent liabilities and its financial condition and profitability may be adversely affected if any of these contingent liabilities materialize.
-
The company has in past entered into related party transactions and its may continue to do so in the future.
-
The company agreements with lenders for financial arrangements contain restrictive covenants for certain activities and if its unable to get their approval, it might restrict the company scope of activities and impede its growth plans.
-
In addition to its existing indebtedness for the company existing operations, its may incur further indebtedness during the course of business. Its cannot assure that the company would be able to service its existing and/ or additional indebtedness.
-
The company success largely depends upon the knowledge and experience of its Promoters, Directors and its Key Managerial Personnel. Loss of any of the company Directors and key managerial personnel or its ability to attract and retain them could adversely affect its business, operations and financial condition.
-
Non-compliance with and changes in, safety, health, labour and environmental laws and other applicable regulations, may adversely affect its business, results of operations and financial condition.
-
The company Promoter and Executive Director have extended personal guarantees with respect to loan facilities availed by the Company. Revocation of any or all of these personal guarantees may adversely affect its business operations and financial condition.
-
The company inability to procure and/or maintain adequate insurance cover in connection with its business may adversely affect its operations and profitability.
-
The company ability to pay dividends in the future may be affected by any material adverse effect on its future earnings, financial condition or cash flows.
-
Increased losses due to fraud, employee negligence, theft or similar incidents may have an adverse impact on it.
-
The deployment of funds is entirely at its discretion and as per the details mentioned in the chapter titled "Objects of the Issue".
-
The requirements of being a listed company may strain its resources.
-
Delay in raising funds from the IPO could adversely impact the implementation schedule.
-
The Equity Shares have never been publicly traded and the Issue may not result in an active or liquid market for the Equity Shares.
-
There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on EMERGE Platform of National Stock Exchange of India Limited in a timely manner or at all.
-
Any future issuance of Equity Shares, or convertible securities or other equity-linked securities by the Company may dilute your shareholding and any sale of Equity Shares by its Promoters or members of the company Promoter Group may adversely affect the trading price of the Equity Shares.
-
Sale of Equity Shares by its Promoters or other significant shareholder(s) may adversely affect the trading price of the Equity Shares.
-
QIBs and Non-Institutional Investors are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid and Retail Individual Investors are not permitted to withdraw their Bids after Bid/Offer Closing Date.
-
Rights of shareholders under Indian laws may be more limited than under the laws of other jurisdictions.
-
The company will not receive any proceeds from the Offer. The Selling Shareholder will receive the entire proceeds from the Offer.
