Interiors & More Ltd IPO

There are outstanding legal proceedings involving the Company, Promoters and Directors. Any adverse decision in such proceeding may have a material adverse effect on its business, results of operations and financial condition.

Its Registered Office, Factory, Showroom and its Warehouses are not owned by it. The same are occupied by it on a lease basis. Disruption of its rights as lessee or termination of the agreements with its lessor would adversely impact its operations and, consequently, its business.

Its product is subject to frequently changing designs, patterns, customer requirements and tastes, its inability to meet such needs or preferences may affect the company's business.

Any inability to pass on increased price of the raw material, used for manufacturing its products may affect its profitability.

The company is dependent on various kinds of Supplier for the supply of raw materials, services and finished goods.

The company conduct its business activities on a purchase order basis and therefore, have not entered into long-term agreements with its customers.

Its continued operations are critical to its business and any shutdown of the company manufacturing unit may adversely affect its business, results of operations and financial condition.

The company requires a number of approvals, NOCs, licenses, registrations and permits in the ordinary course of its business. Some of the approvals are required to be obtained by its Issuer Company and any failure or delay in obtaining the same in a timely manner may adversely affect its operations.

The Company's failure to maintain the quality standards of the products could adversely impact is business, results of operations and financial condition.

The company face competition in its business from domestic competitors. Such competition would have an adverse impact on its business and financial performance.