Pattech Fitwell Tube Components IPO

Diversified Product portfolio; 

Experienced Management & Promoters; 

Well Established Manufacturing Facility designed to serve multiple products range 
 

The company is highly dependent on its suppliers for an uninterrupted supply of raw materials. It has not entered into any long-term supply agreement for the major raw materials required for the manufacturing of its products. Also, volatility in the prices and non-availability of these raw materials may hurt its business prospects, results of operations, and financial condition.

The Company, Promoter, and Directors are involved in certain litigation which is currently pending at various stages. Any adverse decisions in these cases against the Company, Promoter, and Director may impact the business and operations of the Company.

In case of its inability to obtain, renew or maintain the statutory and regulatory licenses, permits, and approvals required to operate its business it may have a material adverse effect on the business.

The company depend on a limited number of customer for a significant portion of its revenue from the engineering business. The loss of any of its major customers due to any adverse development or significant reduction in business from its major customer may adversely affect our business, financial condition, results of operations, cash flow, and prospects.