Amic Forging Ltd IPO

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

The Company has negligible presence in export markets and hence prone to adversity in domestic market.

Failure to obtain or maintain pre-qualifications from customers or loss of the company re-qualified status from its existing customers could adversely impact of the business.

Any significant decline in the demand for the company products or introduction of alternative technology or consumer habits may adversely affect its profitability and business prospects.

Volatility in the supply and pricing of raw material like alloy steel, low carbon and medium carbon steel may have an adverse effect on the company business, financial condition and results of operations. Its do not generally enter into agreements with the company raw material or traded goods suppliers. Any disruption in supplies from them may adversely affect of the production process.

The company business is capital intensive. If its experience insufficient cash flows to meet required payments on the company debt and working capital requirements, there may be an adverse effect on its operations.

The company has not Complied with the Accounting Standard 23 while preparing the financial statements.

The Company's failure to maintain the quality standards of the products could adversely impact its business, results of operations and financial condition.

The company operate in a highly competitive industry, which could limit our ability to grow.

The Company is dependent on third party logistics service providers, with whom its have no formal arrangements, for the delivery of the company finished goods and any disruption in their operations or a decrease in the quality of their services or an increase in the transportation costs could adversely affect the Company's reputation and results of operations.