Sellowrap Industries Ltd IPO

The company is heavily dependent on the performance of the Automobile Sector.

Its business depends on the smooth operation of the company manufacturing facilities and workforce availability, with any disruptions such as strikes, equipment failures, or regulatory changes potentially impacting its financial condition and operational results.

Delay in delivery of the products due to breakdown of machinery.

The company derives a majority portion of its revenue from operations from the company top 10 customers, contributing towards its total gross sales.

Risk of Unsustainability of PAT Margin Increase in FY 24 and FY 25.

The Company, Promoters, Directors and Group Companies are involved in certain legal proceedings. An adverse outcome in any of these proceedings may adversely affect its reputation, business, results of operations, financial condition and cash flows.

The company is unable to trace the Bank Statement of the Company for allotments made in past.

The company has had certain inaccuracies in relation to regulatory filings and the company has made non- compliances of certain provision under applicable law.

The Company has higher debt-equity ratio which requires significant cash flows to service its debts obligations, and this, together with the conditions and restrictions imposed by the company financing arrangements, fluctuations in the interest rates may limit its ability to operate freely and grow the company business.

The company is unable to trace the Bank Statement of the Company for allotments made in past.