Wide Range of Seeds and its Variants.
Integrated Seed processing unit with warehouse facility in one premise.
Led by an experienced promoter and supported by a skilled management team.
Research and development capabilities.
Diversified Locations.
The company highly dependent on the sale of particular products i.e. seeds. the company business is exposed to risks related to product concentration, which could materially and adversely affect its business, financial condition, results of operations, and prospects.
Its relies on third-party farmers who assist it in growing seeds (the "Seed Growing Farmers") to produce the company seeds, and any problems with such Seed Growing Farmers may negatively affect its sales, cash flows from operations and results of operations, and may further expose it to reputational risk.
The immediate relatives of Its promoters, who are deemed to be a part of the Promoter Group under the SEBI ICDR Regulations has not provided consent, information or any confirmations or undertakings pertaining to themselves which are required to be disclosed as part of the Promoter Group in this Red Herring Prospectus.
The company operations are subject to high working capital requirements. its inability to maintain an optimal level of working capital required for the company business may impact its operations adversely.
The company operates in the seed developing and trading business and relies heavily on a diverse network of farmers for seed cultivation. Any unavailability or shortage of these farmers, work stoppages, increased demands for compensation, or changes in regulations related to agricultural labour could negatively affect the company cash flow and operational results.
There are outstanding legal proceedings on the date of this Red Herring Prospectus involving the Company, however there may be possible litigation which may adversely affect its business, financial condition and results of operations.
The company business is seasonal in nature and therefore its results of operations for any quarter in a given year may not, therefore, be comparable with other quarters in that year.
Its inability to predict accurately the demand for the company products and to manage the company production and inventory levels could materially and adversely affect its business, financial condition, results of operations and prospects.
Substantial portion of its revenues has been dependent upon few customers and dealers. The loss of any one or more of the company major customers or dealers would has a material adverse effect on its business, cash flows, results of operations and financial condition.
Its Promoters/ Directors/ Promoter Group has given personal guarantees and properties in relation to certain debt facilities provided to the Company by its lender. In event of default of the debt obligations, the personal guarantees may be invoked thereby adversely affecting its Promoter's ability to manage the affairs of the Company and the Company's profitability and consequently this may impact its business, prospects, financial condition and results of operations.