Dhaval Packaging Ltd IPO

Long standing relationships with a diversified customer base.

Business Model focused on customized solutions and strong customer relationships.

Experienced Promoters and management team.

The company depends on a limited number of suppliers for its raw material requirements of the companys business. Further, the company does not havedefinitive agreements or fixed terms of trade with most of its suppliers. Failures to successfully leverage the companys relationshipswith existing suppliers or to identify new suppliers could adversely affect its business operations.

Any disruptions to the supply, or increases in the pricing, of the raw materials and finished products that the company procure,may adversely affect the supply and pricing of its products and, in turn, adversely affect the companys business, cash flows,financial condition and results of operations.

The company revenues are significantly dependent on certain geographical regions, and any adverse developments in these regionscould adversely impact its business, financial condition and results of operations.

The companys manufacturing facilities are located only in the state of Gujarat. Any adverse developments affecting its operationsin the Gujarat could have an adverse impact on the companys revenue and results of operations.

The companys business is operating under various laws which require it to obtain approvals from the concernedstatutory/regulatory authorities in the ordinary course of business, and if the company is unable to obtain these approvals and therenewals, the companys business operations could be adversely affected thereby impacting its revenues and profitability.

The companys business operations are highly dependent on the efficient functioning of its manufacturing machinery, and anybreakdown, malfunction or technical failure may adversely affect the companys production and profitability.

The company operates the companys business from leased premises, including certain premises held under short-term lease arrangements,and any disruption or non-renewal of such leases may adversely affect the companys business.

The company has not yet placed orders in relation to the capital expenditure to be incurred for the proposed purchase of equipment/ machineries. In the event of any delay in placing the orders, or in the event the vendors are not able to provide theequipment / machineries in a timely manner, or at all, the same may result in time and cost over-runs.

The company has experienced growth in recent years and may be unable to sustain its growth or manage it effectively. The company cannotassure you that the company will be able to successfully execute its growth strategies, which could affect the companys business, prospects,results of operations and financial condition.

Any shortage, delay, in the procurement of Raw Materials and other Inputs in these materials could materially andadversely affect its business operations, financial performance, and profitability.