Eppeltone Engineers Ltd IPO

The company has obtained some of its contracts through government tenders, unavailability or any failures to secure these tenders in the future may adversely affect its business operations and financial conditions.

The company does not have long-term contracts with its suppliers and therefore, there may be potential unavailability of raw materials in future, which may adversely affect its business operations.

Significant portion of its revenue has been generated from some states of India, any loss of business from these states may adversely affect its revenues and profitability.

Its Registered Office from where the company operate is not owned by it.

The Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect its revenues and profitability.

Its failures to perform in accordance with the standards prescribed in work order of its client could result in loss of business or payment of liquidated damages.

The company has experienced negative cash flows in the past. Any such negative cash flows in the future could affect its business, results of operations and prospects.

If the company experience insufficient cash flows from its operations or are unable to borrow to meet its working capital requirements, it may materially and adversely affect its business, results of operations and cash flows.

The company is exposed to credit risk from its customers and the recoverability of its trade receivables is subject to uncertainties.

The Company is involved in certain legal proceedings/litigations. Any adverse decision in such proceedings may render it/them liable to penalties and may adversely affect its business and result of operations.