Astron Multigrain Ltd IPO

Experienced Promoters and Management Team.

Affordable Pricing.

Well established Brand Name.

Quality Compliance.

Widespread Sales and Distribution Network.

Cordial Relationship between Management and Labour.

The Company, Promoter, Directors, KMP, SMP and Group Company are involved in certain legal proceedings. Anyadverse decision in such proceedings may render it/them liable to liabilities/penalties and may adversely affect itsbusiness and results of operations.

Its business is primarily dependent upon a continuing relationship with super stockist for sales of the company products.Any reduction or interruption in the business of these super stockists or a substantial decrease in orders placed bythese super stockists may have an adverse impact on the revenues and operations of the Company.

The inappropriate handling, processing or storage of its raw materials or products, or spoilage of and damage tosuch raw materials and products, or any real or perceived contamination in its products, could subject the company to regulatory action, damage its reputation and have an adverse effect on the company business, results of operations and financial condition.

Failures to maintain stringent quality and safety standards may result in regulatory action, product recalls, orreputational damage.

The company depends on a limited number of States for a significant portion of its revenue from operations. The loss of anyof its major customer in these States due to any adverse development or significant reduction in business from the companymajor customer may adversely affect its business, financial condition, results of operations and future prospects.

If the Company is unable to protect its intellectual property, or if the Company infringes on the intellectual propertyrights of others, its business may be adversely affected.

The Company has reported certain negative cash flows from its investing activity and financing activity, details ofwhich are given below. Sustained negative cash flows could impact its growth and business.

Its Registered Office and Manufacturing Unit from where the company operate is not owned by it but taken on Lease basis.the company inability to renew the lease agreement or any adverse impact on the title or ownership rights of itsowner/landlord in relation to these premises may impede its operations.

The Instant Noodle Industry is dominated by large established brands with significant financial and marketingresources, and its may face difficulty in capturing or maintaining market share.

Its Manufacturing facility relies on specialized machinery and any significant breakdown or delay in maintenancecould disrupt the company production.