Source: SEBI
From the prospectus, ordered by severity. Wording is close to the filing — not softened.
Market Risk
There has been no formal market for the Equity Shares, and no assurance can be given regarding active trading or the price at which the Equity Shares will be traded after listing.
Market · high
Investment Risk
Investments in equity involve risk, and investors should only invest if they can afford to lose their entire investment.
Investment · high
Revenue Concentration Risk
A significant share of revenue comes from sales in India, particularly from Maharashtra and Gujarat, representing 78.19% to 85.45% of total revenue.
Operational · medium
Supplier Dependence Risk
The company imports significant chemical products, with international purchases representing 26.56% to 33.61% of total purchases.
Operational · medium
Customer Dependence Risk
The company does not have long-term agreements with customers, and its top 10 customers contributed 27.04% to 32.64% of revenue.
Operational · medium
Transition Risk
The company is transitioning to a more integrated manufacturing model, which is dependent on successful investments in associate companies.
Operational · medium