Horizon Reclaim (India) Ltd IPO

Experienced Promoters having deep domain knowledge to scale up the business.

Management team with an established track record.

Established track record of successfully completed orders.

Efficient operational team.

The companys business is capital intensive, and the companys inability to raise funds on acceptable terms when required could materially andadversely affect the companys business, financial condition and results of operations.

The companys business is working capital intensive. If the company is unable to generate sufficient cash flows to allow the company to make requiredpayments, there may be an adverse effect on the companys results of operations

The company primarily operates on a purchase order-based model and does not have long-term contractual arrangements with the companyscustomers, which may adversely affect the stability and predictability of the companys revenues.

The Company is dependent on external suppliers for the companys raw material requirements.

The companys business is dependent on the companys manufacturing facility, and any disruption in manufacturing operations could adverselyaffect its business.

The company relies on third-party transportation providers for all of the companys input materials and product distribution. Failures by any ofthe companys transportation providers to deliver its input materials and products on time or at all, could result in loss in sales.

Rapid technological changes and advancements in manufacturing processes may render its existing technologies obsoleteor require the company to incur significant capital expenditure to remain competitive.

The price, at which the company is able to obtain the raw material for manufacture of the companys finished products depend largely onprevailing market prices. Increase in costs of the companys raw materials could have a material adverse effect on the Companysbusiness, profitability and results of operations and cash flows.

The Company and the companys Director are party to certain tax proceedings. Any adverse decision in such proceedings may have amaterial adverse effect on the companys business, results of operations and financial condition.

The company requires certain approvals and licenses in the ordinary course of business and are required to comply with certain rulesand regulations to operate its business, any failures to obtain, retain and renew such approvals and licences or comply withsuch rules and regulations may adversely affect its operations.