Defrail Technologies Ltd IPO

Inaccuracies in the Chartered Engineer Certificate may affect the reliability of disclosures Company's reputation, compliance requirements and its ability to provide timely and accurate information.

The company is majorly dependent on the Rubber Hose and Assemblies products, any decline in the demand for these products can affect its revenue and result of operations.

The company is majorly dependent on the performance of the Automobile Sector in India. Any adverse changes in the conditions affecting these markets can adversely impact on its business, results of operations and financial condition.

Under-utilization of the company's current manufacturing facility and any inability to effectively utilize its proposed manufacturing capacity could have an adverse effect on the company's business, future prospects, and future financial performance.

The property used by the company as its registered office and manufacturing facility are not owned by the company. Any termination of the relevant lease/ rent agreements could adversely affect its operations.

The company is dependents on a limited number of customers for a significant portion of its revenues. The loss of a major customer or significant reduction in demand from any of the company's major customers may adversely affect its business, financial condition, results of operations and prospects.

The company's Top 10 Suppliers contribute a significant portion of its raw material. Any dispute with one or more of them may adversely affect the company's business operations

The company has significant power requirements for continuous running of its manufacturing units. Any disruption to our operations on account of interruption in power supply or any irregular or significant hike in power tariffs may have an effect on the company's business, results of operations and financial condition.

Extensive government regulation and the impact of rubber products and components on the environment could have a severe impact on the company's ability to continue its business operations, which could adversely affect the company's business, results of operations and financial condition.

The company has negative cash flows in the past and may continue to have negative cash flows in the future.