Experience-Driven Manufacturing Excellence.
Strategically located manufacturing facilities.
Technology-Enabled Manufacturing and Process Engineering Capabilities.
Comprehensive In-House Testing and Quality Control Infrastructure.
Efficient Raw Material Sourcing and Inventory Management.
Long-Standing Customer Relationships.
Green Energy and Sustainability Initiatives.
The company is dependents on Tier-I vendors, whose demand is directly linked to OEM procurement cycles. Any reduction or
discontinuance of their demand may adversely affect its business, financial condition and results of operations.
A significant portion of the Net Proceeds is proposed to be utilized towards funding its capital expenditure requirements
including purchase of plant and machinery for the company's new manufacturing facility, for which orders have not yet been placed.
Any delay in placing such orders or in procurement, delivery or installation of the plant and machinery may delay the schedule
of implementation of the new manufacturing facility and could also result in cost overruns, thereby increasing the cost of
commissioning the manufacturing unit. Further, the company's capital expenditure may be subject to operational challenges in
implementing such expansion. Such delays or escalations or operational challenges may adversely affect its business
operations, growth strategy and the expected benefits from the Objects of the Issue.
The company is dependent on the supply of raw materials approved by its customers, and any disruption or delay in procurement of
such materials could adversely impact the company's production schedules, result in idle capacity, and affect its relationship with
customers.
Any increase in raw material prices, volatility in supply or pricing, or failures by suppliers to fulfil their obligations may
adversely impact its operations, financial performance, and business results.
The company is significantly dependent on the automotive sector, and any downturn or change in demand in this sector may adversely
affect its business, financial condition and results of operations.
Basant Lal Kheria, who is deemed to be part of the Promoter Group under the SEBI ICDR Regulations, has not provided
the requisite information, and its disclosure regarding him is based only on publicly available information.
There have been instances of delayed filings in the past with certain Regulatory Authorities. If the Regulatory Authorities
impose any monitory penalties on the companyor take any punitive actions against the Company in relation to the same, the company's business,
financial condition and results of operations could be adversely affected.
The Company has in the past been non-compliant with certain provisions of the Companies Act, 1956 and the Companies
Act, 2013, and may be subject to penalties for such non-compliances.
The company's operations are dependent on injection moulding machines and robotic systems procured from third-party manufacturers.
Any failures, breakdown, obsolescence, delay in procurement of spare parts, or inability to adapt to newer technologies could
adversely impact its business, financial condition and results of operations.
The company has experienced negative cash flows in the past. Any negative cash flows in the future would adversely affect its cash
flow requirements, which may adversely affect its ability to operate the company's business and implement the company's growth plans, thereby
affecting its financial condition.
