Teamtech Formwork Solutions Ltd IPO

The company business is dependent on the sale of its services to certain key Industries and certain customers including the company Promoter Group Companies. The negative change in industry and/or loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.

The Company may experience the effects of seasonality which may result in operating results fluctuating significantly.

The company Promoter Group entity operates in the same line of business as that of its Company.

The company does not own the premises in which its registered office is located and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect the company operations.

Majority portion of the company sales is generated from its Standard Panel.

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

The company business heavily relies on the expertise and guidance of its Directors and Key Managerial Personnel to ensure sustained success. The loss of any of them could have a significant impact on the company.

Th company financial statements for the financial year ended March 31, 2025 were originally audited by an auditor that is not peer reviewed, and although such financial statements have subsequently been re-audited and restated by a peer-reviewed auditor, this may adversely affect investor perception.

The company inability to collect receivables and defaults in payment from its customers could result in the reduction of the company profits and affect its cash flows.

The company depends on third parties to acquire raw material to manufacture the goods. Further, market instability, including changes in costs may adversely impact the company's operations and financial performance. Subsequently, its inability to effectively manage inventory levels and fluctuations in prices of key components used in the process may increase the company operational costs and adversely impact its business, profitability and cash flows.