Presstonic Engineering Ltd IPO

Its business is dependent on a few customers and the loss of, or a significant reduction in orders by such customers could adversely affect its business.

The company relies significantly on some suppliers for the supply of its raw materials. If these suppliers are unable or unwilling to supply raw materials on time or otherwise fail to meet its requirements, its business will be harmed. An inability to procure the desired quality, quantity of its raw materials and components in a timely manner and at reasonable costs, or at all, may have a material adverse effect on its business, results of operations and financial condition.

The company is affected by the prices, availability, and quality of the raw materials used in its production.

The Company has been incorporated upon conversion of Partnership Firm M/s. Presston Engineering Corporation thus its have limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.

The company have only one manufacturing facility.

Delays or defaults in customer payments could adversely affect its financial condition.

Its success depends on stable and reliable logistics and transportation infrastructure. Disruption of logistics and transportation services could impair the ability of its suppliers to deliver materials or its ability to deliver materials to its customers and/ or increase the company transportation costs, which may adversely affect its operations.

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 is yet to place orders for purchase of machinery. Any delay in placing orders or procurement of such machinery may delay the schedule of implementation and possibly increase the cost of commencing operations.

The Company faces the risk of Unexpected Costs overruns and Losses.