Pushpa Jewellers Ltd IPO

The company is supplying to certain key customers, from whom the company derives a significant portion of its revenues. The loss of any significant customer may have a material and adverse effect on its business and results of operations.

Orders placed by customers may be delayed, modified or cancelled, which may have an adverse effect on its business, financial condition and results of operations

The company is highly dependent on its suppliers for uninterrupted supply of Raw-Materials. Any shortfall in the supply of our raw materials, or an increase in its raw material costs and other input costs, may adversely affect the pricing and supply of the company products with subsequently having an adverse effect on the business, results of operations and financial conditions of the company.

A significant portion of its manufacturing relies on artisans or Karigars who operates independently, which could introduce it to potential risks stemming from any challenges or changes affecting their operations.

Receiving orders verbally can raise the risk resulting in order discrepancies, customer dissatisfaction, and difficulties in scaling operations efficiently.

Significant portion of its revenue has been generated from Southern states of India, any loss of business from these states may adversely affect the company revenues and profitability.

Fluctuations in the market price of gold could influence its income, profitability and operational scale.

Fraud, theft, employee negligence or similar incidents may adversely affect its results of operations and financial condition.

The company is dependent on its promoters and senior management and other key personnel, and the loss of, or the company inability to attract or retain, such persons could affect our business, results of operations, financial condition and cash flows.

The company is dependent on third party transportation providers for the delivery of its raw material and products. Accordingly, continuing increase in transportation costs or unavailability of transportation services for them, as well the extent and reliability of Indian infrastructure may have an adverse effect on its business, financial condition, results of operations and prospects.