Jindal Supreme India Limited IPO

Operations at its Manufacturing Facility are concentrated at a single location in Hisar, Haryana, and the company's business is dependent on this facility; any disruption, breakdown, shutdown or adverse local or regional developments could materially and adversely affect its business, financial condition, results of operations and cash flows.

The company derives a significant portion of its revenue from operations from the company's key customers and the company's top 10 customers contributed to 19.35%, 15.96%, 15.90% and 15.63%, of its revenue from operations during period ended December 31, 2025 and in Fiscal 2025, Fiscal 2024 and Fiscal 2023, respectively. Any decrease in revenue from operations from any of the company's key customers or any loss of these customers may adversely affect its business, financial condition, cash flows and results of operations.

The company's top 10 suppliers contribute 78.18%, 70.92%, 75.73% and 72.87%, of its purchase during the period ended December 31, 2025 and for Fiscal 2025, Fiscal 2024 and Fiscal 2023. Any delay in or shortage from one or more of them may adversely affect the company's operations.

The company's production costs are vulnerable to fluctuations in the prices of raw materials, especially Mild Steel Coils, MS Hot-Rolled Coil, and Galvanizing Materials. Price volatility in these key raw materials can significantly affect its production expenses and overall financial results.

The company's revenue from operations depends on sale of Black Pipes and Galvanized Pipes. Any changes in the demand or a decline in the demand of the said product, or delays in the placement of orders, may affect its ability to grow or maintain the company's sales, earnings, and cash flow.

In the past the Company had negative cash flows from its investing activities as well as financing activities, further, the company may experience negative cash flows in the future.

The company has had instance of delays in payments of statutory dues by the Company. Any delays in payment of statutory dues may attract financial penalties from the respective government authorities and in turn may have an adverse impact on its business, financial condition, results of operations and cash flows.

The company derived 27.65 % of the company's revenue for the period December 31, 2025 and 30.60%, 29.44% and 26.61% of its revenue from operation from Haryana for the Fiscal 2025, Fiscal 2024 and Fiscal 2023 respectively. Any adverse developments, social and political developments and natural disaster affecting the company's operations in these regions could have an adverse impact on its revenue and results of operations.

The company's Promoters have not created any pledge or encumbrance over their equity shareholding in the Company, however, any future pledge or encumbrance may adversely affect control, investor confidence and the market price of its Equity Shares.

the company has entered into related party transactions in the past and may continue to do so in the future, which may potentially involve conflicts of interest with other shareholders.