Trom Industries Ltd IPO

Its revenues are highly dependent on the company's operations in geographical region of state of Gujarat. Any adverse development affecting its operations in this region could have an adverse impact on its business, financial condition and results of operations.

Government may commence assembling the solar water pumps/products and may start providing products at cheaper rates.

Solar pump consumption will be reducing due to constructions of more dams by Government.

The company has not entered into any long-term agreements with its suppliers for supply of items and accordingly may face disruptions in supply from its current suppliers.

The company may continue to derives a material portion of its revenue from the company's top five customers and its financial dependence on the company's top five customer poses a potential risk. A reduction in business from these top five customers or any other major clients could have negative implications for both its revenue and profitability.

Its Registered Office and warehouse from where the company operates is not owned by it.

The company is involved in a writ petition, Trom Industries Limited vs. The State of Assam and Ors. Petition no. 1191 of 2022 before the Hon'ble Guwahati High Court.

The Company is involved in a writ petition, Trom Industries Limited vs. The State of Assam and Ors. Petition no. 1196 of 2022 before the Hon'ble Guwahati High Court.

The company may not be successful in bidding for and winning bids for solar EPC projects to grow its business.

Unfavourable solar weather conditions could impact its business, financial condition and results of operations.