Manoj Jewellers Ltd IPO

The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.

The company income and sales are subject to seasonal fluctuations and lower income in a peak season may have a disproportionate effect on its results of operations.

Its may be unable to respond to changes in consumer demands and market trends in a timely manner.

Its ability to attract customers is dependent on the success and visibility of the company showrooms.

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

Jewellery purchases are discretionary and often perceived as luxury purchases. Any factor negatively impacting discretionary spending by consumers may adversely affect its business, results of operations, financial condition and prospects.

The strength of its brands is crucial to the company growth and success and its may not succeed in continuing to maintain and develop the company brands.

Volatility in the market price of gold and diamonds has a bearing on the value of its inventory and may affect the company income, profitability and scale of operations.

The operations of the Company are located in the state of Tamil Nadu, any adverse developments affecting operations in this region could have a significant impact on its business, and results of operations.

There are certain discrepancies and non- compliances noticed in some of its corporate records relating to forms filed with the Registrar of Companies.