Crystal Crop Protection Limited IPO

A significant portion of its Revenue from Operations is attributable to the company's domestic business in India and any reduction in the demand for its products or economic cyclicality or negative trends in the Indian crop protection products and natural crop solutions industry, could adversely affect the company's business, results of operations and financial condition.

The company's business is subject to climatic conditions and is cyclical in nature. Seasonal variations and unfavourable local and global weather patterns may have an adverse effect on its business, results of operations and financial condition

The company's operations are significantly dependent on its Units and any unscheduled, unplanned or prolonged disruption, slowdown or shutdown at such Units could materially and adversely affect the company's business, profitability, financial condition, cash flows and results of operations.

Agrochemical and Seeds industry is highly regulated and any new innovation takes 5-7 years to bring to the market and is subject to stringent process evaluation. In the process product developed may not meet the criteria to produce desired results or cost efficiency or a delay in registrations may result in competitors bringing new technology, resulting in the company's planned business and cash flow being adversely affected. In addition, the company's inability to identify and understand evolving industry trends, technological advancements, customer preferences and develop and timely launch new products to meet its customers' demands may adversely affect the company's business.

The Company, Promoters and one of its Directors, are subject to ongoing criminal and regulatory proceedings arising from alleged violations of the Foreign Trade Policy (2009-2014) and Handbook of Procedures of the Directorate General of Foreign Trade. Any adverse outcome could materially and adversely affect the company's business, results of operations, cash flows, financial condition and reputation.

The company's require certain approvals, licenses and permits, including material statutory clearances in the ordinary course of business, and any failures to obtain or retain them in a timely manner may adversely affect its operations.

The company is subject to stringent technical specifications and quality requirements in relation to our products and any failures to comply with such standards may adversely affect its business and reputation

The company is reliant on its distribution network and any delays or disruption in such distribution network may adversely affect the company's business, results of operations and financial condition. An inability to effectively manage or expand its dealer network may affect the company's business and operations.

The company typically do not enter into long-term agreements with majority of the company's customers and distributors. The company's inability to procure new orders on a regular basis or at all may adversely affect its business, financial condition, cash flows and results of operations.

The company is dependents on a few key suppliers of certain raw materials and do not have continuing, long term contracts or exclusive arrangements with such suppliers. Any loss of suppliers or interruptions in the timely delivery of raw materials or volatility in their prices could have an adverse impact on its business, financial condition, cash flows and results of operations.