Jain Resource Recycling Limited IPO Details

1. We derive a substantial portion of our revenue from the sale of key products and any loss of sales due to reduction in demand for these products could adversely affect our business, financial condition, results of operations and cash flows. In addition, we may not be able to diversify into new product lines which may adversely affect our business, revenue from operations, cash flows and financial condition.

2. We are subject to strict quality requirements and are consequently required to incur significant expenses to maintain our product quality. Any failure to comply with such quality standards may lead to cancellation of existing and future orders which may adversely affect our reputation, financial conditions, cash flows and results of operations.

3. We depend on third party suppliers for the supply of scrap required for our business operations. Any disruptions in the supply or availability of the scraps or fluctuations in their prices may have an adverse impact on our business operations, cash flows and financial performance.

4. Any disruption or shortage of essential utilities could disrupt our operations and increase our production costs, which could adversely affect our results of operations.

5. In past, there have been disciplinary action imposed by SEBI or stock exchanges against our Promoter. We cannot assure you in the future there will no such action or regulatory proceeding initiated against us.

6. Majority portion of the Net Proceeds may be utilized for repayment or pre-payment of working capital loans. Our management will have broad discretion over the use of the Net Proceeds.

7. Any variation in the utilisation of the Net Proceeds or in the terms of any contract as disclosed in the Draft Red Herring Prospectus would be subject to certain compliance requirements, including prior shareholders' approval.

8. We are dependent on contract labour and any disruption to the supply of such labour for our Recycling Facilities or our inability to control the composition and cost of our contract labour could adversely affect our operations.

9. There have been certain instances of delays in payment of statutory dues by our Company. Inability to make timely payment of our statutory dues could require us to pay interest on the delay in payment of statutory dues which could adversely affect our business, our results of operations and financial condition.

10. We may not be able to diversify into new product lines which may adversely affect our business, revenue from operations, cash flows and financial condition.