Sihora Industries Ltd IPO

Experienced Promoters and Management Team.

End-to-end execution capabilities.

Long term Relationship with the Clients.

Visible growth through a robust order book.

Scalable Business Model.

Our manufacturing and operational facilities are concentrated in a single geographical region, and any adverse developments in this region could materially impact our business operations and financial performance.

We have only one Manufacturing facility, continued operation of our manufacturing facility is critical to our business and any disruption in the operation of our manufacturing facility may have a material adverse effect on our business, results of operations and financial condition.

A significant portion of our revenue is derived from a limited number of customers. Our top five customers contributed 49.68%, 57%, 56.82%, 48.57%, and 43.93% of our total revenue during the period April 1, 2025 to August 31, 2025, Fiscal 2025, the period October 18, 2023 to March 31, 2024, the period April 1, 2023 to October 17, 2023, and Fiscal 2023, respectively, based on our Restated Financial Statements. Any loss of such major customers or a significant reduction in their demand could materially and adversely affect our business, financial condition, cash flows, and results of operations.

We rely on our top five suppliers for a significant portion of our revenues and raw material sourcing, and lack of long-term agreements with them may adversely affect our business.

Our operations are conducted from premises not owned by us, and any disruption in our current arrangements may affect our business.

Our manufacturing operations are subject to risks including equipment failure, accidents, and natural disasters which could disrupt production.

Any failure on our part to effectively manage our inventory may result in an adverse effect on our business, revenue from manufacturing operations and financial condition.

Any failure in our quality control processes may adversely affect our business, results of operations and financial condition.

Our Company has negative cash flows from its operating, investing and financing activities in the past years, details of which are given below. Sustained negative cash flow could impact on our growth and business.

Fluctuations, customer purchasing patterns, and broader macroeconomic trends, which may impact our revenue and capacity utilization.