Sillverton Industries Limited IPO

While, the company has a diversified product portfolio of paper-based products, however, during the nine months period ended December 31, 2024 and the preceding three Fiscals, about 43% to 64% of its revenue was derived from the sale of writing and printing paper products. Any variations in demand and changes in consumer preference of writing and printing papers, could have an adverse effect on the company's business, results of operations and financial condition.

Majority of the company's revenue is derived from Uttar Pradesh, New Delhi and Haryana, which contributed to 66.57%, 66.43%, 63.12% and 64.83% of its Revenue from Operations, during the nine months period ended December 31, 2024 and Fiscals 2024, 2023 and 2022, respectively. Any adverse developments affecting our operations in these regions could have an impact on the company's revenue and results of operations.

The company is dependents on its comprehensive dealer network as well as on the company's top ten customers, however, any loss of such dealers or top customers, could adversely affect its business, results of operations, financial condition and cash flows.

The company is dependents on its top ten suppliers for procurement of raw materials and the company does not enter into long-term agreements with the company's suppliers. Any loss of its suppliers, increase in the cost of, or a shortfall in the availability or quality of such raw materials, in a timely manner or at all, could have an adverse effect on the company's business, cash flows and results of operations.

The company's business is dependent on its Manufacturing Facility and any slowdowns, shutdowns or prolonged disruptions of the company's manufacturing operations and an inability to effectively utilize its production capacity could have an adverse effect on the company's business, results of operations, cash flows and financial condition.

The company's dependence on its Group Company, Garg Duplex and Paper Mills Private Limited, for leased machinery, land, and regulatory approvals for our cupstock paper manufacturing operations exposes the company to operational and compliance-related risks.

The company's business is reliant on the performance of certain industries, to which the end use products are supplied. Any adverse changes in the conditions affecting these industries could adversely impact the company's business, results of operations, cash flows and financial condition.

The company is subject to environmental, health and safety laws, regulations and quality standards. Non-compliance with and adverse changes in health, safety, labour, and environmental laws and other similar regulations to its manufacturing operations may adversely affect the company's business, results of operations, cash flows and financial condition.

The company's Promoters, Directors, Key Managerial Personnel, Senior Management and its employees are critical to the company's continued success and the company may be unable to attract and retain such personnel in the future.

If the company is unable to collect customer receivables, it may affect its cash flows and results of operations.