Danish Power Ltd IPO

The company significantly depends upon few of the raw material suppliers for its manufacturing activities. Volatility in the supply and pricing of the company raw materials may have an adverse effect on its business, financial condition and results of operations.

Its may not be able to realize the amounts, partly or at all, reflected in the company Order Book which may materially and adversely affect its business, prospects, reputation, profitability, financial condition and results of operation.

Under-utilization of its manufacturing capacities and an inability to effectively utilize the company existing manufacturing capacities could have an adverse effect on its business, future prospects and future financial performance.

The company is subject to strict performance requirements, including, but not limited to, quality and delivery, by its customers, and any failures by the company to comply with these performance requirements may lead to the cancellation of existing and future orders, recalls or warranty and liability claims.

Substantial portion of its revenues has been dependent upon few customers. The loss of any one or more of the company major customer would have a material adverse effect on its business, cash flows, results of operations and financial condition.

Product designing is very important part for its equipment for which the company relies on its team. Any loss or error by these employees may have an adverse effect on its equipment and operations.

Any failures to protect or enforce its rights to own or use trademarks and brand names and identities could have an adverse effect on the company's business and competitive position.

The Company has encountered certain issues and discrepancies in its corporate records and regulatory compliance, which present potential risks.

The restated financial statements have been provided by peer reviewed chartered accountant who is not statutory auditor of the Company.

Demand for its transformers and relay panels business is dependent on growth in the power generation, transmission and distribution industry & infrastructure, that may contribute to fluctuations in its results of operations and financial condition.