Shri Kanha Stainless Ltd IPO

The company expansion into new product categories and an increase in the number of products offered by it may expose it to new challenges and more risks.

The Company has negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

The company generate its major portion of sales from the company operations in certain geographical regions. Any adverse developments affecting its operations in these regions could has an adverse impact on the company revenue and results of operations.

Significant Related Party Transactions with Group Company (Navbharat Tubes Private Limited) for Sales and Purchases.

Its outstanding litigations involving the Company which, if determined adversely, may adversely affect its business and financial condition.

Its highly depend on the company raw materials and a few key suppliers who help it procure the same. In the event the company unable to procure adequate amounts of raw materials, at competitive prices the company business, results of operations and financial condition may be adversely affected.

The company depend on a few customers of its products, for a significant portion of the company revenue, and any decrease in revenues or sales from any one of the company key customers may adversely affect its business and results of operations.

The commercial success of the company products depends to a large extent on the success of the products of its end use customers. If the demand for the end use products in which the company products are used as a raw materials declines, it could has a material adverse effect on the company business, financial condition and results of operations.

Under-utilization of the company manufacturing capacities may have an adverse effect on its business, future prospects and future financial performance.

The company does not own the premises where Manufacturing Facility of the Company is situated. Disruption of its rights as licensee/ lessee or termination of the agreements with our licensors/ lessors would adversely impact the company operations and, consequently, Its business.