LAPL Automotive Ltd IPO

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

In house manufacturing capabilities.

Management team with an established track record.

Established track record of successfully completed orders.

Efficient operational team.

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

In house manufacturing capabilities.

Management team with an established track record.

Established track record of successfully completed orders.

Efficient operational team.

The company generates its major portion of sales from the companys operations from Maharashtrian regions and any adverse developmentsaffecting its operations in these regions could have an adverse impact on the companys revenue and results of operations.

The company derives a significant part of its revenue from few customers and the loss of any of these customers or a significantreduction in purchases by any of them and if the companys customers opt for backward integration, it could adversely affect its business, results of operations and financial condition.

The company is primarily dependent upon few key suppliers within limited geographical location for procurement of raw materialsand the company does not has any long-term agreements with such suppliers. Any disruption in the supply of the raw materials orfluctuations in their prices could have a material adverse effect on its business operations and financial conditions.

Any non-compliance or delays in ESIC Return Filings may expose it to penalties from the regulators.

There have been certain lapses and discrepancies and/or typographical errors in Statutory filings. The company cannot assure you thatno regulatory action will be initiated against it and that no penalties will be imposed on the company on account of these lapses.

The companys Promoters, Directors, members of its Promoter Group entities associated with them may have interests that couldgive rise to potential conflicts of interest.

Certain historical filings made by the Company with the Registrar of Companies are not available in certified form and anynon-availability of such certified records may expose it to regulatory or legal risks.

The companys manufacturing operations is subject to various operating risks, including risks beyond its control such as fire,breakdown or failures of machinery and equipment, industrial accidents, power disruptions, labour issues, severe weatherconditions and natural disasters.

The Company procures a substantial portion of its raw materials from suppliers located in the State of Maharashtra and anydisruption affecting such region may adversely affect the companys business, financial condition and results of operations.

The company has not yet placed orders in relation to the funding Capital Expenditure towards purchase of plant and machinery whichis proposed to be financed from the Issue proceeds of the IPO. In the event of any delay in placing the orders, or in the eventthe vendors are not able to provide the Plant and Machinery in a timely manner, or at all, may result in time and cost overrunsand the companys business, prospects and results of operations may be adversely affected. Its proposed Manufacturing Facilityis subject to the risk of unanticipated delays in implementation due to factors including delays in construction, obtainingregulatory approvals in timely manner and cost overruns.