Acme India Industries Ltd IPO

Established market presence in Indian railway sector with diversified range of products and services under one roof.

Healthy portfolio of order book.

Experienced Promoters with strong management team having domain knowledge.

Multiple Global Tie ups and representations.

Fully integrated manufacturing plant set up at a favourably location with equipment supplied by domestic and globallyrenowned players

The companys business operations and revenues are entirely dependent on the Indian Railways. Any adverse change in policyof the Ministry of Railways, GOI MoR may lead to its contracts being foreclosed, terminated, restructured orrenegotiated, which may have a material effect on the companys business and results of operations.

The company depends on the Indian Railways for a significant portion of contracts in its order book which are awarded ona tender basis. There is no assurance that the companys bids will be accepted and future contracts will be awarded to it byIndian Railways. This may result in an adverse effect on the companys business growth, financial condition and results ofoperations.

There are outstanding legal proceedings involving the Company, its Directors and the companys Promoters. Any adversedecisions could impact its cash flows and profit or loss to the extent of demand amount, interest and penalty, divertmanagement time and attention and have an adverse effect on the companys business, prospects, results of operations andfinancial condition.

The company is subject to strict quality requirements and customer inspections, and any failures to comply with qualitystandards may lead to rework/replacement of existing and future orders and could negatively impact the companys reputationand its business and results of operations and future prospects.

The company depends on a limited number of suppliers for raw materials. Any interruption in the availability of raw materialscould adversely impact its operations. Further, any failures by the companys suppliers to provide raw materials to it on timeor at all, or as per the company specifications and quality standards could have an adverse impact on its ability to meet the companysmanufacturing and delivery schedules.

The companys business is substantially dependent on its ability to accurately carry out the pre-bidding studies for potentialcontracts. Any deviation during the execution of the purchase orders as compared to the companys pre-bid estimates couldhave a material adverse effect on its cash flows, results of operations and financial condition.

The companys business is subject to seasonal variations and cyclicality that could result in fluctuations in its results ofoperations.

The company operations are subject to high working capital requirements. If the company is unable to generates sufficient cash flowsto allow it to make required payments, there may be an adverse effect on the companys results of operations.

The Company transferred personal assets and unidentified liabilities of M/s Acme India a proprietorship owned by Suraj Pandey, which does not originally belong to the Company. This may expose the company to unforeseenfinancial obligations, regulatory and reputational risks.

The company has had negative cash flows from operating and investing activities in the past. Any negative cash flow in thefuture may affect its liquidity and financial condition.