Experienced Promoter and Management Team.
Consistent focus on quality Products.
Diversified Range of kitchenware product.
Established sales and distribution network.
The property used by the Company for the operation purpose is not owned by it. Any termination of the
relevant lease agreement or rent agreement in connection with such property or its failure to renew the same could adversely affect the company's operations.
Majority of its Current revenue is dependent on one product i.e., S.S. Scraps inability to anticipate or adapt to evolving upgradation of products or inability to ensure product quality or reduction in the demand of such products may adversely impact its revenue from operations and growth prospects.
The Company is using logo of its Subsidiary Company and also has made application for registration of trademark, which is under process of registration. The company is unable to assure that the future viability or value of any of its intellectual property or that the steps taken by it to protect the proprietary rights of the Company will be adequate.
The company source its materials from third parties with whom the company does not have long term contract or price guarantees.
Its operations are significantly dependent on third parties for the distribution and sales of its products.
The Company has in the past entered into related party transactions and may continue to do so in the future and the company cannot assure you that the company could not have achieved more favorable terms, if such transactions had not been entered into with related parties. And will not have an adverse effect on its financial conditions and result of operations.
Its sales may be negatively impacted by increasing competition from companies and local firms with products similar to its.
Its Group Company Bhagat Marketing Private Limited and Dhruvish Metals Industries LLP is engaged
primarily in manufacturing, Distribution and Marketing of Kitchen appliances. Any conflict of interest which may occur between the business of group companies and it may adversely affect its business, prospects, results of operations and financial condition.
There are certain outstanding legal proceeding against its Promoter and the company's Group Companies which may adversely affect its business, financial condition and results of operations.
The demand and pricing in the steel industry is volatile and are sensitive to the cyclical nature of the industries it serves. A decrease in steel prices may have adverse effect on its business, results of operations, margins and financial condition.