Cryogenic OGS Ltd IPO

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

Its top five customers contribute majority of our revenues from operations. Any loss of business from one or more of them may adversely affect the company revenues and profitability.

The company is significantly dependent on the sale of Air eliminators and oil and gas metering skids. An inability to anticipate or adapt to evolving up gradation of the required products or inability to ensure product quality or reduction in the demand of these products may adversely impact its revenue from operations and growth prospects

Majority of its Revenue from Operation (RFO) is generated from state of Gujarat and Maharashtra. Any adverse development affecting the company operations in this region could have an adverse impact on its business, financial condition and results of operations.

The company is subject to strict quality requirements, customer inspections and audits, and any failures to comply with quality standards may lead to cancellation of existing and future orders and could negatively impact its reputation and the company business and results of operations and future prospects.

The sector in which the company operates is capital intensive in nature and the business model the company is switching to would make it more capital intensive. The company requires substantial financing for its business operations and the failures to obtain additional financing on terms commercially acceptable to us may adversely affect its ability to grow and the company future profitability.

Its business requires the services of third party manufacturers and suppliers, which entail certain risks.

The company has had certain inaccuracy in relation to regulatory filings and the company has made non-compliances of certain provision under applicable law.

The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

Its may be subject to risks associated with product warranty.