Omfurn India Ltd IPO

Substantial portion of its revenues come from the manufacturing of doors.

The company proposes to enter into new products viz. metal doors to be supplied to the construction and hotel industry. Its may fail to generate new clients for these products and sell in these industries due to competition and other commercial factors.

The Company has not entered into any long-term agreements with its customers for purchasing our products. The company is subject to uncertainties in demand and there is no assurance that its customers will continue to purchase the company products. This could impact the business and financial performance of the Company.

Its Showroom/ Registered Office and Godown are located on leased and licensed premises and consequently, its required to comply with certain requirements given under lease and license agreements.

Its customers expect the company to maintain high quality standards and any failure by it to comply with such quality standards may have an adverse effect on demand from end customers and on its reputation, business, results of operations and financial condition.

Its manufacturing unit are situated in Gujarat at Umbergaon GIDC and its operations may be affected by various factors associated with the region where the company operate.

If the company is unable to successfully implement its proposed expansion plans, its results of operations and financial condition could be adversely affected.

The company has substantial working capital requirements. Its inability to obtain and / or maintain sufficient cash flow, credit facilities and other sources of funding in a timely manner to meet its requirements of working capital or payment of the company debts, could adversely affect its operations.

The company may not be able to adequately protect or continue to use its intellectual property. The reputation of its brand "OMFURN" may be diluted if low quality counterfeit products under its brand name are sold in the company's markets.

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