Archit Nuwood Industries Ltd IPO

In-house Manufacturing capabilities.

Large base of dealers and client relationship.

Wide Range of Products.

Stringent quality control mechanism ensuring standardized product quality.

Synergy of young and experienced management team with a committed employee base.

There are outstanding legal proceedings and litigations against and by the Company, its Promoters, the companys Directors and its Subsidiaries. Any adverse outcome in any of these proceedings may affect its profitability and reputation and may effect on its results of operations and financial condition.

There are outstanding legal proceedings by its Promoter regarding GST penalty imposed by the authorities. Any adverse outcome in any of these proceedings may have material affect.

Its Registered Office is located on leased premises and there can be no assurance that these lease agreements will be renewed upon termination or that the company will be able to obtain other premise on lease on same or similar commercial terms.

The company does not own registered trademark ARCHIT NUWOOD or NUWUD. Its inability or failure to protect its trademark may adversely affect its business on account of possible misuse by any third party.

Its wholly owned Subsidiary i.e. Archit Panels Private Limited has applied for the Factory License to facilitate the business of manufacturing unit.

The Company has delayed in compliances with some statutory provisions of the Companies Act 2013. Such delayed compliance may attract penalties against the company which could impact the financial position of it to that extent.

Its product is subject to frequently changing designs, patterns, customer requirements and tastes, its inability to meet such needs or preferences may affect the companys business.

The company is dependent upon few suppliers for the material requirements of its business. Further, the company does not have definitive agreements or fixed terms of trade with most of its suppliers. Failure to successfully leverage the company relationships with existing suppliers or to identify new suppliers could adversely affect its business operations.

Its operations are significantly dependent on the timely procurement of raw materials and any delay in such procurement or procurement on commercially unviable terms may adversely affect its business and results of operations.

If the company is unable to attract new clients or its existing clients does not renew their contract or default in payments, the growth of its business and cash flows will be adversely affected.