Saakshi Medtech & Panels Ltd IPO

The company's business is dependent on the sale of the products to certain key customers. The loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.

Pricing pressure from the customers may adversely affect the company gross margin, profitability and ability to increase of the prices, which may in turn have a material adverse effect on its results of operations and financial condition.

The company is significantly dependent on the sale of Electrical Control Panels and Cabinets. An inability to anticipate or adapt to evolving up gradation of the required products or inability to ensure product quality or reduction in the demand of these products may adversely impact its revenue from operations and growth prospects.

The company is subject to strict quality requirements, customer inspections and audits, and any failure to comply with quality standards may lead to cancellation of existing and future orders and could negatively impact its reputation and the company business and results of operations and future prospects.

The company may be subject to risks associated with product warranty.

The company's business is dependent on its manufacturing facilities and its subject to certain risks in the manufacturing process. Obsolescence, destruction, theft, breakdowns of the major plants or machineries or failures to repair or maintain the same or Technology failures or Cyber-attacks or other security breaches could have a material adverse effect on the business, results of operation or financial condition may affect the company business, cash flows, financial condition and results of operations.

Inventories and trade receivables form a major part of the current assets. Failure to manage its inventory and trade receivables could have an adverse effect on the company sales, profitability, cash flow and liquidity.

The company's manufacturing activities require deployment of labour and depend on availability of labour. In case of unavailability of such labour, its business operations could be affected.

The company depends on the technical expertise and R&D initiatives to develop new products and/or improve the existing products and if its unable to keep the technical knowledge and process know-how confidential or if the company R&D initiatives do not succeed, Its may suffer loss of the ompetitive advantage.

There are certain discrepancies/errors noticed in some of the corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 1956/ 2013. Moreover its unable to trace some of the historical records. Any penalty or action taken by any regulatory authorities in future, for non- compliance with provisions of corporate and other law could impact the reputation and financial position of the Company to that extent.