Vigor Plast India Limited IPO

1. Our top ten customers (dealers/distributors) contribute the majority of our revenues from operations. Any loss of business from one or more of them may adversely affect our revenues and profitability.

2. Our top ten suppliers contribute the majority of our purchases. Any loss of business with one or more of them may adversely affect our business operations and profitability.

3. The cost estimates for the construction of the proposed warehouse have been derived from internal estimates of our management and may not be accurate.

4. Any increase in the cost of our raw material or other purchases or a shortfall in the supply of our raw materials, may adversely affect the pricing and supply of our products and have an adverse effect on our business, results of operations and financial condition.

5. Dependence on a Single Manufacturing Facility may have an adverse effect on our business, results of operations and financial condition.

6. We have derived a significant portion of our revenue from Vigor Polytech, the sister concern of our company in the financial years ended on March 31, 2024, March 31, 2023 and March 31, 2022.

7. Geographical Concentration of our warehouses in a single state may have an adverse effect on our business, results of operations and financial condition.

8. Our business operations significantly depend on maintaining strong relationships with distributors and dealers through whom we sell a substantial portion of our products. Any disruption or termination of these relationships could impact our performance and business growth negatively.

9. We generate our major portion of revenue from our operations in certain geographical regions. Any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.

10. We may face several risks associated with the proposed warehouse, which could hamper our growth, prospects, cash flows and business and financial condition.