Shree Refrigerations Ltd IPO

Low competition within the defense segment.

Capacity to attract a larger client base for marine chillers.

Good track record.

Cordial relations with our clients.

Quality of products and Services.

If we fail to maintain an effective system of internal controls, we may not be able to successfully manage oraccurately report our financial risk.

Certain Agreements, deeds or licenses and certificates may be in the previous name of the company, we have toupdate the name of our company in all the statutory approvals and certificates due to the conversion of ourCompany.

Certain key performance indicators for certain listed industry peers included in this Red Herring Prospectushave been sourced from public sources and there is no assurance that such financial and other industryinformation is complete.

Industry information included in this Red Herring Prospectus has been derived from an industry report fromvarious websites. The reliability on the forecasts of the reports could be incorrect and would significantly impactour operations.

Our marketing and advertising activities may not be successful in increasing the popularity of our Companyamong customers. If our marketing or advertising initiatives are not effective, this may affect the popularity ofour Company.

Our funding requirements and proposed deployment of the Net Proceeds have not been appraised by a bank ora financial institution and if there are any delays or cost overruns, we may have to incur additional cost to fundthe objects of the Issue because of which our business, financial condition and results of operations may beadversely affected

Any variation in the utilisation of the Net Proceeds would be subject to certain compliance requirements,including prior shareholders approval.

We have not identified any alternate source of funding and hence any failure or delay on our part to mobilizethe required resources or any shortfall in the issue proceeds may delay the implementation schedule.

Fluctuation of Interest rate may adversely affect the Companys business.

Our Companys future funding requirements, in the form of further issue of capital or other securities and/orloans that might be availed by us, may turn out to be prejudicial to the interest of the shareholders dependingupon the terms and conditions on which they are raised.