Paramount Speciality Forgings Ltd IPO

Long-standing relationships with customers across industries.

Manufacturing Facilities.

Quality and focus on customer satisfaction.

Experienced Promoters and Management Expertise.

Track record of healthy financial performance.

Continual development of new products.

The company does not have any long-term agreements with its customers. If the company customers choose not to source their requirements from it or manufacture such products in-house, its business and results of operations may be affected.

Demand for its products is related to growth and trends of the company end user industry. A decline in sales of its customers may adversely affect the demand for the company products which in turn would adversely impact its business, financial condition, results of operations and prospects.

The company obtain a substantial portion of its raw materials from a limited number of suppliers, and the company does not have long-term contracts with its suppliers. If one or more of its top suppliers were to suffer a deterioration of their business, cease doing business with it or substantially reduce their dealings with the company, its business, results of operations, cash flows and financial condition may be adversely affected.

The company depends on its Plant and Machinery for critical functions of the companys business. Failures to properly maintain its plant and machineries or any adverse remark during the Inspection of its Products may result in disruptions to or lower quality of the company services and its business, results of operations and financial condition may be adversely affected.

Exchange rate fluctuations may adversely affect the results of operations as certain portion of its revenues are denominated in foreign currencies.

The Restated Financial Statements for Financial Year ended on March 31, 2024, March 31, 2023, and March 31, 2022, were prepared by a Peer Reviewed Chartered Accountant who is not the Companys statutory auditor, introducing the potential risk of differences in the accounting standard and policies.

Its manufacturing facilities are located in the same geographical location and any disruptions in its manufacturing process due to local and regional factors could have an adverse effect on its business, financial condition, and results of operations.

Volatility in the supply and pricing of its raw materials may have an adverse effect on the companys business, financial condition, and results of operations. Its raw material suppliers could fails to meet their obligations, which may have a material adverse effect on its business, results of operations and financial condition.

The company has significant power and fuel requirements and any disruption to power or fuel sources could increase its production costs and adversely affect the companys business, financial condition, cash flows and results of operations.

If its customers dispute or default on their payment obligations to it, the company may be subject to adverse cash flows and may be required to spend significant amounts in recovering amounts due, in turn adversely impacting its cash flows, results of operations and future prospects.