Super Iron

Market penetration and geographic expansion.

Embracing new technologies for product diversification and innovation.

Continued focus on improving operational efficiencies.

Focus on its quality control.

Marketing Strategy.

Growing its business with existing clients with quality.

Diversified product mix with strong focus on customised products.

One of the leading manufacturers of manhole grates and access covers with long standing market presence.

Geographical presence.

Design, quality assurance and quality control of its products.

Strong and cordial relationship with its clients.

Cost effective production and timely fulfilment of orders.

Well experienced management team.

Marquee customers globally.

Its manufacturing facility is located in Durgapur, District Burdwan, West Bengal. Any disruption, breakdown or shutdown of its manufacturing facility may have a material adverse effect on the company business, financial condition, results of operations and cash flow.

Its manufacturing activity is subject to availability of raw material and the costs of the raw materials. Any shortage in availability or fluctuations in raw material prices, may have a material adverse effect on its business, financial condition, results of operations and cash flows.

Conflicts of interest may arise out of common business objects shared by the Company and its Promoters, which may affect the company business, results of operations and financial conditions.

A significant majority of its revenues from operations are derived from a limited number of customers.

The company does not own its Registered Office. A failures to renew its existing arrangement at commercially favourable terms or at all may have a material adverse effect on its business, financial condition and results of operation.

Failures to obtain or renew approvals, licenses, registrations and permits to operate the company business in a timely manner, or at all, may adversely affect its business, financial condition, results of operations and cash flows.

The company business is capital intensive. Its requires substantial financing for the company business operations. Its indebtedness and the conditions and restrictions imposed on by the company financing arrangements could adversely affect its ability to conduct the company business.

The company has experienced negative cash flows from operating activities and may 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, its Promoters and Directors are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

Approximately 95% of its revenue are derived from export of the company product. Any change on India`s bi-lateral trade treaties with importing countries can impact the business in the long run.

Its ability to access capital at attractive costs depends on the company credit ratings. Non-availability of credit ratings or a poor rating may restrict its access to capital and thereby adversely affect the company business and results of operations.

The company has availed unsecured loans which are repayable on demand. Any demand for repayment of such unsecured loans, may adversely affect its cash flows.

The company lenders have charge over its movable and immovable properties in respect of finance availed by it.

The Company has Trade Receivables of Rs. 4,894.71 as on December 31, 2024. Any failures to recover the amount from debtors may have adverse impact on its business, financial condition and results of operations.

There have been instances of delays in payment of statutory dues, that is, GST by the Company. In case of any delay in payment of statutory dues in future by the Company, the regulatory authorities may impose monetary penalties on it or take certain punitive actions against the Company in relation to the same which may have an adverse impact on its business, financial condition and results of operations.

There have been instances of delays in payment of statutory dues, i.e. ESIC by the Company. In case of any delay in payment of statutory due in future by the Company, the Regulatory Authorities may impose monetary penalties on it or take certain punitive actions against the Company in relation to the same which may have adverse impact on its business, financial condition and results of operations.

There have been instances of delays in payment of statutory dues, that is, provident fund by the Company. In case of any delay in payment of statutory due in future by the Company, the regulatory authorities may impose monetary penalties on it ortake certain punitive actions against the Company in relation to the same which may have adverse impact on its business, financial condition and results of operations.

There have been instances of delays in filings of certain forms which were required to be filed as per the reporting requirements under the Companies Act, 2013 to ROC.

Its Promoters, Akhilesh Saklecha, Abhishek Saklecha and ABI Trading Private Limited and one of the company Promoter group entity, Vedanta Vihar Private Limited have provided personal /corporate guarantees in relation to certain loan facilities availed by it, which if revoked may require alternative guarantees, repayment of amounts due or termination of the facilities and may adversely impact its cash flow, business and result of operations.

The Company proposes to utilize a portion of the Net Proceeds to repay/ pre-pay certain borrowings availed by the Company. The Company intends to use a certain portion of the Net Proceeds for the repayment/ pre-payment of certain borrowings of the Company.

Its may not be able to successfully manage the growth of the company operations and execute its growth strategies which may have an adverse effect on the company business, financial condition, results of operations and future prospects.

Fluctuation in the exchange rate between the Indian Rupee and foreign currencies may have an adverse effect on the results of operations.

The company has not independently verified certain industry related data in this Prospectus.

Certain of its individual Promoters, Directors and Key Managerial Personnel hold Equity Shares in the Company and are therefore interested in its performance in addition to their remuneration and reimbursement of expenses.

The company is dependent upon the business experience and skill of its promoters, key managerial personnel and senior management personnel. Loss of its senior management or the company inability to attract or retain such qualified personnel, could adversely affect its business, results of operations and financial condition.

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

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

The company has certain contingent liabilities as stated in the Restated Financial Statements, and in the event, they materialize it could adversely affect its financial condition.

The Company is dependent on third parties for transportation and export of its finished products and any disruption in their operations or a decrease in the quality of their services could have an adverse impact on its business, financial condition, cash flows and results of operations.

Its management will have broad discretion in how the company apply the Net Proceeds, including interim use of the Net Proceeds, and there is no assurance that the objects of the Offer will be achieved within the time frame expected or at all, or that the deployment of the Net Proceeds in the manner intended by us will result in any increase in the value of your investment.

Its funding requirements and the deployment of Net Proceeds are based on management estimation and have not been independently appraised. Any variation in the utilisation of Net Proceeds of the Fresh Offer as disclosed in this Prospectus shall be subject to compliance requirements, including prior shareholders` approval.

Stringent environmental, health and safety laws and regulations or stringent enforcement of existing environmental, health and safety laws and regulations may result in increased liabilities and increased capital expenditures.

Its Promoters and some of the company Directors are interested in the Company, in addition to regular remuneration or benefits and reimbursement of expenses.

The company could be harmed by employee misconduct or errors that are difficult to detect and any such incidences could adversely affect its financial condition, results of operations and reputation.

Information relating to its production capacities and the historical capacity utilization of the company manufacturing facility included in this Prospectus is based on factual data and proposed capacity is based on certain assumptions and has been subjected to rounding off, and future production and capacity utilization may vary.

Its insurance coverage may not be adequate to protect the company against all potential losses to which the company may be subject and this may have a material effect on its business and financial condition.

The company is subject to operational risks on account of obsolescence, destruction, breakdown of its equipment or failures to repair or maintain such equipment. Further, if the company does not continually enhance its business with the most recent equipment and technology, its ability to maintain and expand the company markets may be adversely affected.

Changes in technology may affect its business by making the company manufacturing facility or equipment less competitive or obsolete.

Its Promoters will continue to retain control over the Company after completion of the Offer, which will allow them to influence the outcome of matters submitted for approval of its shareholders.

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

If the company is unable to establish and maintain an effective internal controls and compliance system, its business and reputation could be adversely affected.

The average cost of acquisition of Equity Shares by its Promoter could be lower than the Offer Price.

In case equity shares are not listed on the exchange, its equity shares shall not be publicly traded.

Subsequent to the listing of the Equity Shares, its may be subject to surveillance measures, such as the Additional Surveillance Measures and the Graded Surveillance Measures by the stock exchanges in order to enhance the integrity of the market and safeguard the interest of investors.

The Equity Shares have never been publicly traded, and, after the Offer, the Equity Shares may experience price and volume fluctuations, and an active trading market for the Equity Shares may not develop. Further, the price of the Equity Shares may be volatile, and you may be unable to resell the Equity Shares at or above the Offer Price, or at all.

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

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.

Fluctuation in the exchange rate between the Indian Rupee and foreign currencies may have an adverse effect on the value of its Equity Shares, independent of the company operating results.

Rights of shareholders under Indian laws may be more limited than under the laws of other jurisdictions.

QIB and Non-Institutional Investors are not permitted to withdraw or lower their application Amount at any stage after submitting an Application.