Aritas Vinyl Ltd IPO

We have a limited operating history in manufacturing.

We have not yet placed orders in relation to the capital expenditure to be incurred for the proposed purchase of solar power project. s. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the power plant in a timely manner, or at all, the same may result in time and cost over-runs.

Our Manufacturing Units are subject to inspection under the GPCB.

We use certain raw materials which are easily inflammable, any event of fire or misshape could expose us to the risk of liabilities, loss of revenue and increased expenses.

We are subject to strict compliance of the quality and use of our products. Any deviation of the quality not as per the specification of the customers may harm our reputation and/or have an adverse impact on our sales, revenue and profitability.

The disadvantages of artificial leather include environmentally harmful production, environmentally harmful disposal and the comparatively lower quality compared to real leather. So, if Government imposes restrictions/new regulations on the production and use of artificial leather, it will have an adverse effect on our business, revenue and profitability.

The company durability of the artificial Leather is less as compared to Real Leather, and therefore the company has to faces competition with real leathe manufacturerr. If, the company ais unable to compete with real leather, its business and profitability will be adversely affected.

The company operates in a heavily regulated sector which requires strict compliances and its operations are subject to environmental, health and safety Regulations.

A shortage or non-availability of utilities like electricity, fuel or water may adversely affect our manufacturing operations and have an adverse effect on our business, results of operations and financial condition.

Our business depends on our manufacturing facility and the loss of or shutdown of our manufacturing unit on any grounds could adversely affect our business or results of operations.