TBI Corn Ltd IPO

Its business is substantially dependent on the company key customers from whom its derive a significant portion of the company revenues. The loss of any significant clients may have a material and adverse effect on its business and results of operations.

The Company is dependent on few States. Loss of any of this large States may affect its business operations.

The Company is dependent on few numbers of suppliers for purchase of product. Loss of any of this large Suppliers may affect its business operations.

The company will continue to be controlled by its Promoters and certain related entities after the completion of the Issue.

The company has to update the name of the company in some of the statutory approvals, certificates, licenses and registrations due to the change of Status of the Company.

There are no long-term supply agreements with its vendors/suppliers. The company's Business may be adversely affected if there is any disruption in the trading material supply or due to non- availability of trading material.

Its business is dependent on the company continuing relationships with its clients, with whom the company has not entered into long term arrangements.

Increase in the prices of its raw material may have an adverse effect on the company's business.

Its inability to expand or effectively manage the company's growing sales network this may have an adverse effect on its business, results of operations and financial condition.

The Company, Promoter, Directors and Group Company are involved in certain legal proceedings. Any adverse decision in such proceedings may render it/them liable to liabilities/penalties and may adversely affect its business and results of operations.