Ideal Technoplast Industries Ltd IPO

The company's business is substantially dependent on its key customers from whom the company derives a significant portion of its revenues. The loss of any significant clients may have a material and adverse effect on its business and results of operations.

The Company is dependent on few States. Loss of any of this large States may affect its business operations.

The Company is dependent on few numbers of suppliers for purchase of raw material. Loss of any of this large Suppliers may affect its business operations.

The Company are majorly dependent on two states i.e. Haryana and Gujarat for purchase of raw material. In case of uncertainties and adverse developments in these states can affect the business of the company's ability to procure raw materials and to carry on the business.

The company will continue to be controlled by its Promoters and certain related entities after the completion of the Issue.

The company has to update the name of the company in some of the statutory approvals, certificates, licenses and registrations due to the change of Status of the Company.

There are no long-term supply agreements with its vendors/suppliers. The company's Business may be adversely affected if there is any disruption in the raw material supply or due to non-availability of raw material.

The company's business is dependent on its continuing relationships with the company clients, with whom the company has not entered into long term arrangements.

Increase in the prices of its raw material may have an adverse effect on the company's business.

The company has not made any alternate arrangements for meeting its capital requirements for the Objects of the issue. Further the company has not identified any alternate source of financing the "Objects of the Issue". Any shortfall in raising / meeting the same could adversely affect its growth plans, operations and financial performance.