Management expertise.
Good track record.
Leveraging the experience of our Promoters.
Cordial relations with our dealers.
Cordial relations with our employees and professional.
Scalable business model.
The Company has been formed specifically for the purpose of acquisition of the proprietorship business of its
Promoters, and thus the company has limited operating history as a Company which may make it difficult for Investors to
evaluate its historical performance or prospects.
The company's Registered Office and Corporate Office are not owned by the company and the same have been taken on rent basis. A
requirement to relocate our business operations from such premises could have an adverse effect on its business,
prospects, results of operations and financial condition.
The company has outsourced our manufacturing processes to third parties without exclusivity arrangements. Any inability
to obtain sufficient quantities of processed materials of the requisite quality in a timely manner and at acceptable
prices, or any slowdown, shutdown, or disruption in the operations and performance of these third parties could
adversely affect its business, results of operations, and financial condition.
There have been instances of delays and inconsistencies in certain forms which were required to be filed as per the
reporting requirements under the Companies Act to RoC. Such non-compliances may attract penalties and
prosecution against the Company and its Directors, which could impact our financial position to that extent.
The company has had negative cash flows from operating activities and investing activities in the past and may, in the
future, experience similar negative cash flows, which could have an adverse impact on the company's cash flow requirements,
business operations and growth plans.
The company does not own the loom machineries used in the company's manufacturing operations, and any discontinuation or disruption
in its arrangement to use such machineries may adversely affect the company's business operations.
The company relies on third-party suppliers for raw materials required for its manufacturing activities, such as cotton yarn,
polyester blend yarn, etc., and for purchase of finished denim fabrics for wholesale distribution. The company has not
entered into any long-term supply agreements with them. Any shortage and cessation in supply could adversely
affect its business and results of operations. Also, volatility in the prices and non-availability of these raw materials
may have an adverse impact in the company's business.
The company's supplier base is concentrated in Gujarat, and any supply chain disruptions, operational delays, or increased
costs in the region could adversely affect its business and financial performance.
Some of the immediate relatives of the company's Promoters, who are deemed to be a part of the Promoter Group under SEBI
ICDR Regulations, have not provided their consent, information or any confirmations or undertakings pertaining
to themselves which are required to be disclosed in relation to a member of the Promoter Group in this Draft
Prospectus.
The company depends on the success of its relationships with the company's top customers, from whom the company derives a significant portion
of its revenue. The company does not have long term contracts with such customers. If one or more of such customers choose
not to source their requirements from the company, the company's business, financial condition and results of operations may be
adversely affected.
