Techera

Market Segmentation.

Value Proposition Communication.

Marketing Channels Utilization.

Differentiation Strategy.

Customer Relationship Management.

Market Expansion.

Brand and Communication.

Research and Development Investment.

Regulatory and Sustainability Considerations.

Its business is dependent on the sale of its products to key customers. The loss of any of the company key customers or loss of revenue from sales to its customers could have a material adverse effect on the company`s business, results of operations, financial condition, cash flows and future prospects.

The compan is highly dependent on a single Manufacturing Facility for the entire portion of its revenue from operations. Any disruption, breakdown or shutdown of its Manufacturing Facility may adversely affect the company`s business, results of operations, financial condition, cash flows and future prospects.

Material adjustments have been made in the financial statements of the Company by its Independent Peer-Reviewed Auditors.

The Company has delayed payment of Government and statutory dues, and has been penalized.

The company has not complied with certain statutory provisions of the Companies Act and Rules thereunder. Such noncompliance may attract penalties and other actions against the Company and its Directors which could impact the financial position of it to that extent.

The Audit Reports to the Restated Financial Statements have been provided by Peer Reviewed Chartered Accountants who is not statutory auditor of the Company.

Its Independent Directors have not passed the online proficiency self-assessment test conducted by Indian Institute of Corporate Affairs to approve proficiency of a person to be appointed as an Independent Director of any company.

Any failures to compete effectively in the highly competitive global industry of high precision and mission critical components manufacturing could have a material adverse effect on its business, results of operations, financial condition, cash flows and future prospects.

Its contracts/ purchase orders may not be indicative of the company`s future growth rate or new business orders its will receive in the future. Further, the company may not realize all of the revenue expected from its contracts/ purchase orders.

The company depends on third party suppliers for raw materials and other business inputs, which are on a purchase order basis. Such suppliers may not perform, or be able to perform their obligations in a timely manner, or at all and any delay, shortage, interruption, reduction in the supply of or volatility in the prices of raw materials and other business inputs on which the company relies may have a material adverse effect on its business, results of operations, financial condition, cash flows and future prospects.

The markets in which its customers compete are characterized by sectors specific to the industries which the company cater to, and their rapidly changing preferences and other related factors including lower manufacturing costs. Accordingly, its may be affected by any disruptions in the industry which can adversely impact its business, financial condition, results of operations, cash flows and prospects.

The compay does not have a Non-Compete Agreement with its Promoters.

The Company has faced financial losses in the past.

The company has experienced negative cash flows from operating, investing and financing activities in the past.

There may be problems with the products the company`s manufacture that could result in liability claims against it, reduced demand for its products and damage to its reputation.

The company is highly dependent on its Promoters and its management team, senior management personnel and key managerial personnel and the loss of any key team member may adversely affect its business performance.

The company is subject to strict compliance of quality requirements which results in incurring significant expenses to maintain its product quality. Any failure in maintaining the company quality accreditations and certifications may negatively impact its brand and reputation which may adversely affect the company`s business, results of operations, financial condition, cash flows and future prospects.

Unplanned slowdowns or shutdowns of its manufacturing operations could have an adverse effect on its business, results of operations, financial condition, cash flows and future prospects.

Its Promoters will continue to retain significant shareholding in the Company after the Issue, which will allow them to exercise control over it.

The company has not placed orders or made payments in relation to the capital expenditure for its new machinery and equipment. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the equipment in a timely manner, or at all, may result in time and cost over-runs and its business, prospects and results of operations may be adversely affected.

Its insurance coverage may not be adequate to protect the company against all potential losses or to satisfy potential claims, which may have an adverse effect on its business, results of operations, financial condition, cash flows and future prospects.

If the company is unable to obtain, protect or use its intellectual property rights, its business may be adversely affected.

The activities carried out at its manufacturing facility, including any hazardous activity, can cause injury to people or property in certain circumstances.

Its may be affected by strikes, work stoppages or increased wage demands by its employees that could interfere with the company operations.

Non-compliance with and changes in, safety, health, factories, import export and labour laws and other applicable regulations, may adversely affect its business, results of operations, financial condition, cash flows and future prospects.

Non-compliance with and changes in, safety, health, factories, import export and labour laws and other applicable regulations, may adversely affect its business, results of operations, financial condition, cash flows and future prospects.

Cyber risk and the failure to maintain the integrity of its operational or security systems or infrastructure, or those of its customers or other third parties with which the company conduct business, could have a material adverse effect on its business, results of operations, financial condition, cash flows and future prospects.

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

Its failures to keep the company technical knowledge confidential could erode its competitive advantage.

COVID-19 has had, and could continue to have, an adverse effect on its business, results of operations, financial condition, cash flows and future prospects.

There are certain restrictive covenants in the agreements that the Company has entered into with its lenders.

Its may require additional financing in the form of debt or equity to meet its business requirements.

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

Its may have issued shares below the Issue Price in the recent past.

If the company is unable to source business opportunities effectively, its may not achieve its financial objectives.

In addition to normal remuneration or benefits and reimbursement of expenses, its Promoters, the company Directors and Key Managerial Personnel are interested in the Company to the extent of their shareholding, and dividend entitlements etc.

The Objects of the Issue for which funds are being raised, are based on its management estimates and any bank or financial institution or any independent agency has not appraised the same. The deployment of funds in the project is entirely at its discretion, based on the parameters as mentioned in the chapter titles "Objects of the Issue".

There is no monitoring agency appointed by the Company and the deployment of funds are at the discretion of its Management and its Board of Directors, though it shall be monitored by the Audit Committee.

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.

The company may undertake strategic acquisitions or investments, which may prove to be difficult to integrate and manage or may not be successful.

Its future funds requirements, in the form of fresh 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.

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

The requirements of being a public listed company may strain its resources and impose additional requirements.

Interest rate fluctuations may adversely affect the Company`s business.

Industry information included in this Draft Red Herring Prospectus has been derived from industry reports from various websites. Reliance on the forecasts of the reports could be incorrect and would significantly impact its operations.

You may be subject to Indian taxes arising out of capital gains on sale of Equity Shares.

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

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.

There are restrictions on daily movements in the price of the Equity Shares, which may adversely affect a shareholder`s ability to sell, or the price at which it can sell, Equity Shares at a particular point in time.

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.

Holders of Equity Shares may be restricted in their ability to exercise pre-emptive rights under Indian law and thereby may suffer future dilution of their ownership position.