Aik Pipes & Polymers Ltd IPO

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

Any loss of or breakdown of the company machineries, at any of its manufacturing facility may have an adverse effect on business, financial condition and results of operations.

Any inability on the company part to maintain quality standards could adversely impact its business, results of operations and financial condition.

The company manufacturing activities are dependent upon availability of skilled and unskilled labour.

In case of the company inability to obtain, renew or maintain the statutory and regulatory licenses, permits and approvals required to operate its business it may have a material adverse effect on the business.

The Restated Financial Statements have been provided by Peer Reviewed Chartered Accountants who is not Statutory Auditor of the Company.

The company top ten customers contribute majority of its revenues from operations. Any loss of business from one or more of them may adversely affect the company revenues and profitability.

The company top ten suppliers contribute majority of its purchases. Any loss of business with one or more of them may adversely affect of the business operations and profitability.

Intense competition in the market of Pipes Industry could affect the company pricing, which could reduce its share of business from clients and decrease of the revenues and profitability.

There are outstanding legal proceedings involving the Company. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.