Subam Papers Ltd IPO

Paper waste recycle and Sustainable packaging solutions.

Significant Advantage Due to Proximity of Subams Factory Location.

Efficient Inventory Management.

Fully Integrated Manufacturing Facility.

Consistent Financial Performance.

Advantage of producing all grades of Paper.

The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.

The availability of raw material, i.e. waste paper is very crucial for its business activities.

The company has received certain notices from the GST Department indicating huge discrepancies which may translate into Demand against it and potentially harming its business, reputation, and financial performance.

The company highly depends on its major raw materials and a few key suppliers who help it procure the same. The Company has not entered into long-term agreements with its suppliers for the supply of raw materials. In the event the company is unable to procure adequate amounts of raw materials, at competitive prices its business, results of operations and financial condition may be adversely affected.

The company conduct its business activities on a purchase order basis and therefore have not entered into long-term agreements with its customers.

Its business is operating under various laws which require it to obtain approvals from the concernedstatutory/regulatory authorities in the ordinary course of business and its inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for its business operations could materially and adversely affect its business, prospects, results of operations and financial condition. The company requires a number of approvals, NOCs, licenses, registrations and permits in the ordinary course of its business. Some of the approvals are required to be obtained by its Issuer Company and any failures or delay in obtaining the same in a timely manner may adversely affect its operations.

The company has entered into related party transactions in the past and may continue to do so in the future.

The company is exposed to counterparty credit risk and any delay in receiving payments or non-receipt of payments may adversely impact the results of operations.

The Company has extended corporate guarantee to secure the debt facilities availed by its Wholly Owned Subsidiary.

The company has certain contingent liabilities as on date of this Red Herring Prospectus that have not been provided for in the Companys financials which if materialized, could adversely affect its financial condition.