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Its future success depends on the compay ability to promote its brand and protect the company reputation. Its failures to establish and promote the company`s brand and any damage to its reputation will hinder the company`s growth.
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Its business may be adversely impacted by product defects and liability issues which may adversely affect its business, reputation and results of operations.
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If the company fails to capitalize industry trends or partner with new brand or suppliers and commercialize new products, services and technologies that are well received by consumers in a timely manner, its operating results may be materially and adversely affected.
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The company is authorized distributors for International 3D Printer brands in India. Such authorizations are usually valid for a limited period and if such authorizations are terminated or not renewed at favourable terms, its operations may be adversely affected.
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Restrictions on import and an increase in shipment cost may adversely impact its business, cash flows and results of operations.
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The company is susceptible to supply shortages and interruptions, long lead times, and price fluctuations for imported hardware and raw materials used for manufacturing filaments, any of which could disrupt its supply chain and have a material adverse impact on the company results of operations.
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The markets in which its compete are characterized by consumers and their rapidly changing preferences, advancement in technology and therefore as a result the Company may be affected by any disruptions in the industry.
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The company is heavily reliant on its relationships with certain online marketplaces. Disruptions to such relationships, changes in their business practices, their failure to meet payment schedules and provide timely and accurate information, or conflicts among its channels of distribution could adversely affect the company business, cash flows and results of operations.
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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.
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If the company fails to identify and effectively respond to changing consumer preferences and spending patterns in a timely manner, the demand for its products could decrease, causing the company`s business, results of operations, financial condition and cash flows to be adversely affected.
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The company has experienced negative cash flows from operations in the recent past, and its may have negative cash flows in the future.
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Pricing pressure from our competitors may affect its ability to maintain or increase the company prices and, in turn, its revenue from product sales, gross margin and profitability, which may materially and adversely affect its business, cash flows, financial condition and results of operations.
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The company is dependant on its manufacturing facility for manufacturing of filaments and the company is subject to certain risks in such manufacturing process. Obsolescence, destruction, theft, breakdowns of its machines or failures to repair or maintain the same may affect its business, cash flows, financial condition and results of operations.
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The company operates in a competitive market, and the scale and resources of some of its competitors may allow them to compete more effectively than the company can, which could result in a loss of its market share and a decrease in the company net revenues and profitability.
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Under-utilization of its manufacturing capacity to manufacture filaments could have an adverse effect on its business, future prospects and future financial performance.
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There are certain instances of delays noticed in some of the corporate records relating to forms filed with the Registrar of Companies. Moreover, certain documents filed by it with the RoC in the past are not traceable. Any penalty or action taken by any regulatory authorities in future, could impact the reputation and financial position of the Company to that extent.
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Its may not be able to adequately protect or continue to use the company intellectual property.
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The Company and Directors are involved in certain legal proceedings and potential litigations. Any adverse decision in such proceedings may render it /them liable to liabilities/penalties/ prosecutions and may adversely affect its business and results of operations.
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Its business is operating under various laws which requires the company to obtain approvals from the concerned statutory/regulatory authorities in the ordinary course of business and its inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for its business operations could materially and adversely affect itsr business, prospects, results of operations and financial condition.
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The company has not entered into any definitive arrangements to utilize certain portions of the Net Proceeds of the offer. Its funding requirements and deployment of the Net Proceeds of the Offer are based on management estimates and have not been independently appraised.
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Its plan relating to installation of additional plant and machinery is subject to the risk of unanticipated delays in implementation and cost overruns.
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Its operating results could be materially harmed if the company is unable to accurately forecast consumer demand for its products or manage the company inventory.
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As the company is continue to grow, its may not be able to effectively manage the company`s growth and the increased complexity of its business, which could negatively impact the company brand and financial performance.
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Its insurance coverage may not be adequate to protect the company against certain operating hazards and this may have a material adverse effect on its business.
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The company has in the past entered into related party transactions and may continue to do so in the future.
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The company operate its business from rented premises.
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Its contingent liabilities as stated in the company Restated Financial Statements could affect its financial condition.
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The activities carried out at its manufacturing facilities can cause injury to people or property in certain circumstances.
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If the company is unable to service its debt obligations in a timely manner or to comply with various financial and other covenants and other terms and conditions of its financing agreements, it may adversely affect the company`s business, prospects, results of operations and financial condition.
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Its may be subject to labour unrest, operating risks, slowdowns, increased wage costs, and shut-downs.
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The Company has taken unsecured loans that may be recalled by the lenders at any time.
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While the Company will receive proceeds from the Fresh Issue, it will not receive any proceeds from the Offer for Sale portion, and the Selling Shareholders, shall be entitled to the Offer Proceeds to the extent of the Equity Shares offered by them in the Offer for Sale.
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Excessive dependence on IDFC Bank Limited in respect of Loan facilities obtained by the Company.
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The deployment of funds raised through this Offer shall not be subject to any Monitoring Agency and shall be purely dependent on the discretion of the management of the Company.
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The company is dependent on its Promoters, its senior management and other key personnel, and the loss of, or its inability to attract or retain, such persons could affect its business, results of operations, financial condition and cash flows.
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Any Penalty or demand raised by statutory authorities in future will affect its financial position of the Company.
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The average cost of acquisition of Equity Shares by its Promoters, could be lower than the Offer price.
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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.
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Fraud, theft, employee negligence or similar incidents may adversely affect its results of operations and financial condition.
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Information relating to its installed capacities and the historical capacity utilization of the company manufacturing facilities included in this Red Herring Prospectus is based on various assumptions and estimates and future production and capacity utilization may vary.
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Its ability to pay any dividends will depends upon future earnings, financial condition, cash flows, working capital requirements and capital expenditures.
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Its Promoter and the Promoter Group will jointly continue to retain majority shareholding in the Company after the offer, which will allow them to determine the outcome of the matters requiring the approval of shareholders.
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Any future issuance of its Equity Shares may dilute prospective investors` shareholding, and sales of its Equity Shares by the company major shareholders may adversely affect the trading price of its Equity Shares.
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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.
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The company cannot guarantee the accuracy or completeness of facts and other statistics with respect to India, the Indian economy and industry in which the company operates contained in the Red Herring Prospectus.
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Investors other than retail (including non -institutional investors, QIBs and Corporate Bodies) are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Amount) at any stage after submitting an application.
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Its Promoters and promoter group members are co-applicant in the loan facilities obtained by the Company, and any failures or default by the Company to repay such loans in accordance with the terms and conditions of the financing documents could trigger repayment obligations on them, which may impact their ability to effectively service their obligations and thereby, impact its business and operations.
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Certain data mentioned in this Red Herring Prospectus has not been independently verified.