Hexagon Nutrition Limited IPO

The company is heavily reliant on the premix formulation segment and certain customers in that segment. Its also derive a significant part of its revenue from select customers.

Sale of expired products or supply of defective products or products that are non-compliant with applicable standards, could damage its reputation and have a significant adverse effect on its business, operating results, cash flows and/or financial condition.

The company do not maintain long-term contracts with its third-party suppliers, and its business may be adversely affected by a shortfall in supply, or increase in price of raw materials.

Its efforts to introduce new products are dependent on the success of its research and development initiatives. Its inability to successfully develop and commercialise new products in a timely manner could adversely impact its business, growth and financial condition.

Inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for its business operations could materially and adversely affect its business, prospects, cash flows, results of operations and financial condition.

The availability of look-alikes, counterfeit products, primarily in its domestic market, manufactured by other companies and passed off as its products, could adversely affect its goodwill and results of operations.

Its may be subject to product liability claims from its customers its premix formulations. Any claims arising from such liabilities may harm its reputation, require its to incur substantial costs and/or have an adverse impact on its business, financial conditions and results of operations.

Its failure in maintaining its quality accreditations and certifications may negatively impact its brand and reputation.

Its historical installed capacities and capacity utilization of its facilities included in this Draft Red Herring Prospectus need not be an indication of future production capacity and capacity utilization. Further, its existing capacities are under utlised.

The success of its business strategy depends on its ability to enhance its own brands and product portfolio. If its fail to maintain and enhance its brand and reputation, consumers' recognition of its brands, and trust in its, the company business may be materially and adversely affected.