Aureate Tradde Ltd IPO

Diversified products.

Established relationship with suppliers and customers.

Adaptability and flexibility.

Experienced management.

The company derives its revenue from trading of polymers, Lithium-ion and Sodium-ion Cells and Electric Vehicle Chargers for which the company is dependent on certain suppliers for its operations and an increase in the cost of, or a shortfall in the availability or quality of such products could has an adverse effect on its business, financial condition and results of operations.

Termination or non-renewal of the distribution agreements by Jiangsu Highstar Battery Manufacturing Co., Ltd. or any material modification to the existing terms under such agreements adverse to the company interest will materially and adversely affect its ability to continue the company business and operations and its futures financial performance.

There is certain discrepancies and non-compliances noticed in some of the company financial reporting and/or records relating to filing of returns and deposit of statutory dues with the taxation and other statutory authorities.

The Company has delayed in complying with certain statutory filings with Registrar of Companies, Mumbai. Such delayed compliance /lapses may attract certain penalties

If the company commit any default in payment of monthly instalment of borrowings availed or to be availed by the Company for its business purpose, the company business, results of operations and financial condition may be adversely affected.

The company derives its revenue from the domestic market and substantial portion of revenue from the north region of India and Maharasthra. Any adverse developments affecting the company operations in Northern region and Maharashtra could has an adverse impact on the company revenue and results of operations.

The Company had negative cash flows in the past years, details of which is given below. Sustained negative cash flow could impact its growth and business.

A dispute has been raised by Jinlian (Hong Kong) Trading Limited (Supplier) against the Company in relation to supply of goods, and any adverse outcome in relation thereto may affect its business operations, reputation and financial condition.

There is an increased awareness towards controlling plastic pollution and many economies including India has joined in the efforts to ban certain types of plastic products. In case any key plastic material traded by its or end-use consumer product that is packaged using raw material of the company supplier is banned in India, it could has a material and adverse effect on the company business, financial condition, cash flows and results of operations.

The company warehouse facility is currently operating under an extended arrangement following expiry of the rent agreement, and inability to secure an alternate premises may materially and adversely affect its business operations.