Srigee DLM Limited - IPO

1. Experienced Promoters and Management Team.

2. Long standing relationships with customers.

3. Efficient operational team.

4. Consistent financial performance.

1. The Company, its Directors and its Promoters are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various forums and regulatory authorities. Any adverse decision may make it liable to liabilities/penalties and may adversely affect its reputation, business and financial status.

2. The company is highly dependent on certain key customers for a substantial portion of its revenues. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.

3. The Company is dependent on a few suppliers for purchases of products. The loss of any of these suppliers may affect its business operations.

4. The company requires certain approvals and licenses in the ordinary course of business and the failures to successfully obtain/renew such registrations would adversely affect its operations, results of operations and financial condition.

5. The company has had negative cash flows from Operating, investing and financing activities in the past in some of the recent years.

6. The company does not possess the information, consents, confirmations, or undertakings from the immediate relatives of one of its Promoters, who are considered part of the Promoter Group under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and which are required to be disclosed in relation to members of the Promoter Group in this Red Herring Prospectus.

7. If its customers does not continue to outsource manufacturing, or if there is a downward trend in the OEM/ODM segment, its sales could be adversely affected.

8. The company does not own its manufacturing facilities.

9. Its significant revenue is generated from operations in Uttar Pradesh. Any disruption in these operations, whether due to regulatory changes, economic conditions, or unforeseen events, could significantly impact its financial performance and future prospects.

10. The company does not have firm commitment agreements with its customers. If the company customers choose not to source their requirements from it, its business and results of operations may be adversely affected.