Kenrik Industries Ltd IPO

Majorly its business is in Gujarat any adverse development affecting such a region may have an adverse effect on the company's business, prospects, financial condition, and results of operations.

Customer complaints, negative publicity, or concerns regarding the purity and quality of its gold/silver jewellery, or any lapses in the company quality control processes could significantly impact its business, brand reputation, and financial performance.

High inventory costs may adversely impact its business and financial conditions of the Company.

The non-availability or high cost of quality gold bullion may have an adverse effect on its business, results of operations and financial condition. The non-availability or high cost of quality gold bullion may have an adverse effect on its business, results of operations and financial condition.

The company has experienced negative cash flows in prior years.

Its may fails to protect the company jewellery designs.

Its may be subject to fraud, theft, employee negligence or similar incidents.

Its insurance may be insufficient to cover all losses associated with the company business operations.

Its registered office and manufacturing facility are located on leased or licensed premises. Any termination or failures by it to renew the leave and license agreements in a favourable and timely manner, or at all, could adversely affect its business and results of operations.

The company has availed unsecured loans from Promoters, Promoter Group and other companies that are recallable, at any time.