Srigee DLM

Continue to strengthen its existing product portfolio and diversify into products with attractive growth and profitability prospects.

Continue to strive for cost leadership.

Expand existing relationships with customers into other product verticals.

Expansion of manufacturing facilities.

Development of its service offerings.

Continue to focus on Original Design Manufacturing and Assembling lines.

The Company, its Directors and its Promoters are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various forums and regulatory authorities. Any adverse decision may make it liable to liabilities/penalties and may adversely affect its reputation, business and financial status.

The company is highly dependent on certain key customers for a substantial portion of its revenues. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.

The Company is dependent on a few suppliers for purchases of products. The loss of any of these suppliers may affect its business operations.

The company requires certain approvals and licenses in the ordinary course of business and the failures to successfully obtain/renew such registrations would adversely affect its operations, results of operations and financial condition.

The company has had negative cash flows from Operating, investing and financing activities in the past in some of the recent years.

The company does not possess the information, consents, confirmations, or undertakings from the immediate relatives of one of its Promoters, who are considered part of the Promoter Group under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and which are required to be disclosed in relation to members of the Promoter Group in this Red Herring Prospectus.

If its customers does not continue to outsource manufacturing, or if there is a downward trend in the OEM/ODM segment, its sales could be adversely affected.

The company does not own its manufacturing facilities.

Its significant revenue is generated from operations in Uttar Pradesh. Any disruption in these operations, whether due to regulatory changes, economic conditions, or unforeseen events, could significantly impact its financial performance and future prospects.

The company does not have firm commitment agreements with its customers. If the company customers choose not to source their requirements from it, its business and results of operations may be adversely affected.

Instances of Non-Compliance with Regulatory Requirements and Clerical Errors Could Subject it to Regulatory Action and Penalties.

A significant portion of its sales is generated from the company Plastic Injection Moulding & Assembly and Polymer Compounding and Trading vertical. A decrease in the demand for products from these verticals or a decrease in their average selling prices could adversely affect its business.

Its may be unable to sufficiently obtain, maintain, protect, or enforce the company intellectual property and other proprietary rights.

Its Group Company engages in activities that are partly similar to the company business. This may be a potential source of conflict of interest for it and which may have an adverse effect on its business, financial condition and results of operations.

Failures to Identify MSME and Non-MSME Creditors could expose the company to additional financial liabilities under the MSME Act, including potential interest payments on delayed payments exceeding 45 days.

The company has in the past experienced delays in the filing of certain statutory returns and any future delays may adversely affect its business operations and reputation.

The company is heavily dependent on its Promoters and Key Managerial Personnel for the continued success of its business through their continuing services and strategic guidance and support.

Its insurance cover may not be adequate or its may incur uninsured losses or losses in excess of the company insurance coverage.

The Company has previously restructured its loans, and its cannot assure you that the company will not restructure loans again in the future.

The Company as well as its customers operate in a highly competitive industry. Failures to compete effectively may have an adverse impact on its business, financial condition, results of operations and prospects.

The Company has delayed the payment of installment money for the allotted land, which may subject it to penalties.

Frequent changes in its Statutory Auditors may raise concerns regarding continuity and governance in financial reporting.

Any increase in the cost of its raw material or a shortfall in the supply of the company raw materials, may adversely affect the pricing and supply of its products and have an adverse effect on its business, results of operations and financial condition.

Its manufacturing facilities are critical to its business. Any disruption in the continuous operations of the company manufacturing facilities would have a material adverse effect on its business, results of operations and financial condition.

Its business may be adversely affected if the company is unable to maintain and grow its brand image. In particular, its failures to maintain certain licenses or certifications may negatively impact its brand and reputation.

The company has unsecured loans, which may be recalled at any time. Any recall of such loans may have an adverse effect on its business, prospects, financial condition and results of operations.

The company has relied on an affidavit furnished by the Company Secretary for the details of her past experience.

The average cost of acquisition of Equity Shares by its Promoters could be lower than the issue price.

The company has in the past entered into related party transactions and may continue to do so in the future.

In addition to normal remuneration, other benefits and reimbursement of expenses some of its Directors (Promoters) and Key Management Personnel are interested in the Company to the extent of their shareholding and dividend entitlement in the Company.

Its inability to identify and understand evolving industry trends, technological advancements, customer preferences and develop new products to meet its customers` demands may adversely affect the company business.

Its inability to successfully implement some or all the company business strategies in a timely manner or at all could have an adverse effect on its business. Further, the company failures to manage growth effectively may adversely impact its business, results of operations and financial condition.

The company has not received NOC from certain lenders for undertaking the initial public offer of equity shares.

The company has experienced growth in the past few years and if its unable to sustain or manage the company growth, its business and results of operations may be adversely affected.

The company is subject to strict quality control requirements and any failures by it to comply with quality standards may lead to cancellation of existing and future orders and product recalls, which could adversely affect its business, financial condition and results of operations.

None of the Directors of the Company have experience of being a director of a public listed company.

The company has significant power and water fuel requirements and any disruption to power, water or fuel sources could increase its production costs and adversely affect the company results of operations.

The company is subject to counterparty credit risk and any delay in receipt or non-receipt of payments may adversely impact its financial condition and results of operations.

The company regularly work with hazardous materials and activities in its manufacturing facilities can be dangerous, which could cause injuries to people or property.

Failures or disruption of its IT and/or ERP systems may adversely affect the company business, financial condition, results of operations and prospects.

Its employees may engage in misconduct or other improper activities, including non compliance with regulatory standards and requirements.

Its may be subject to industrial unrest, slowdowns and increased wage costs, which may adversely affect its business and results of operations.

If the company fails to maintain an effective system of internal controls, its may not be able to successfully manage, or accurately report, the company financial risks.

Its ability to pay dividends in the future will depends upon its future earnings, financial condition, cash flows, working capital requirements, capital expenditure and restrictive covenants in its financing arrangements.

Its Promoters will continue to exercise significant influence over the company and may cause it to take actions that are not in the best interest of the company other shareholders.

Its success also depends to an extent on the company research and development capabilities and tool room failures to derive the desired benefits from its product research and development efforts may hurt the company competitiveness and profitability.

There is no monitoring agency appointed by the Company to monitor the utilization of the Issue proceeds.

The company has not independently verified certain data in this Red Herring Prospectus.

The company cannot assure you that its Equity Shares will be listed on the BSE SME in a timely manner or at all, which may restrict your ability to dispose of the equity shares.

Any future issuance of Equity Shares or convertible securities, including options under any stock option plan or other equity linked securities may dilute your shareholding, and significant sales of Equity Shares by its major shareholders, may adversely affect the trading price of its Equity Shares.

The company has not identified any alternate source of funding and hence any failures or delay on its part to mobilize the required resources or any shortfall in the Issue proceeds may delay the implementation schedule.

After this Issue, the price of the Equity Shares may be highly volatile, or an active trading market for the Equity Shares may not develop.

The Issue price of its Equity Shares may not be indicative of the market price of the company Equity Shares after the Issue and the market price of its Equity Shares may decline below the issue price and you may not be able to Sell your Equity Shares at or above the Issue Price.

Within the parameters as mentioned in the chapter titled "Objects of the Offer beginning on page 79 of this Red Herring Prospectus, the Company`s management will have flexibility in applying the proceeds of this Issue. The fund requirement and deployment mentioned in the Objects of this Issue have not been appraised by any bank or financial institution.

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.

Delay in raising funds from the IPO could adversely impact the implementation schedule.

The company propose to utilize the Net Proceeds for purposes identified in the section titled "Objects of the Issue" in this Red Herring Prospectus. Any variation in the utilization of the Net Proceeds as disclosed in this Red Herring Prospectus shall be subject to certain compliance requirements, including prior Shareholders" approval.