M R Maniveni Foods Ltd IPO

Company has a well-recognized Brand strength and market position.

Company is reputed for providing high quality Dhal.

Company is well-equipped with fully automated machinery & modern technology.

Company adheres to food safety standards- FSSAI, ISO-22000, ZED-Bronze under MSME Scheme.

Strong procurement & distribution network.

Prospective business plans.

The Company had received share application money in cash for certain past allotments, for which bank statements are not available, and any non-compliance or regulatory action in this regard may adversely affect the Company.

The company has long-standing relationships with its suppliers. However, the company has not entered into any long-term contracts with suppliers for its black gram and raw pigeon pea and an increase in the cost or a shortfall in the availability of such black gram and raw pigeon pea or the company inability to leverage existing or new relationships with its suppliers could has an adverse effect on the company business and results of operations.

The company has long-standing relationships with its customers. However, the Company, in the usual course of business does not is any long-term contracts with its customers and the company relies on purchase orders for delivery of its products. Any cancellation, modification, and postponement of its orders could materially harm the company cash flow position, revenues and earnings.

The company has obtained the Consent to Establish (CTE) for our proposed fully automated Toor Dal processing plant. Any delay in obtaining subsequent consents, Consent to Operates (CTO), or failures to comply with applicable environmental and regulatory conditions approval which may adversely affect its operations, expansion plans, and financial performance.

The company is highly dependent on its existing milling facility located in Thiruvallur, Tamil Nadu, and any slowdown, interruption, shutdown or under-utilization of this facility may adversely affect the company business, financial condition and results of operations.

The company is significantly dependent on the sale of Toor Dal and Urad Dal, and any decline in demand for these products could adversely impact its business, financial condition, results of operations and cash flows.

In the past, there has been discrepancies in filings with the Registrar of Companies (RoC) and other non-compliances under the Companies Act, which may result in penalties.

The company operations is highly dependent on the uninterrupted supply of black gram and raw pigeon pea, primarily Toor dal and Urad dal. Any shortage, delay, disruption in supply, or significant volatility in their prices may materially and adversely affect its manufacturing operations, profitability, working capital requirements, and overall financial condition.

The company has experienced negative cash flows in the past. Any negative cash flows in the future would adversely affect its cash flow requirements, which may adversely affect the company ability to operates its business and implement the company growth plans, thereby affecting its financial condition.

There has been instances of delayed filings in the past with certain Regulatory Authorities. If the Regulatory Authorities impose any monitory penalties on its or take any punitive actions against the Company in relation to the same, its business, financial condition and results of operations could be adversely affected.