Creative Graphic

Well versed and equipped with advance technology.

Strategically located manufacturing facility.

Diverse product portfolio with focus on quality.

Experienced Promoter and management team with strong industry expertise.

Quality Assurance & Control.

Presence of 7 manufacturing units covering India.

The object of making unidentified acquisitions may lead to significant investments in the businesses that may not be sustainable in the long run, which may result in financial losses and negatively impact the company`s overall portfolio.

The company has not yet placed orders in relation to the capital expenditure to be incurred for the proposed purchase of equipment / machineries. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the equipment / machineries in a timely manner, or at all, the same may result in time and cost over-runs.

The company requires certain approvals, licenses, registrations and permits to operate its business, and failure to obtain or renew them in a timely manner or maintain the statutory and regulatory permits and approvals required to operate its business may adversely affect the company operations and financial conditions.

The Company has given Corporate Guarantees of Rs. 18,34,42,047 in respect to the loan taken by its subsidiary company ("Wahren India Private Limited"). The company cannot assure that there will be no default done by its subsidiary in the future.

Its Promoter/ Directors have mortgaged their properties and provided personal guarantees to secure certain of its loan facilities, which if revoked or invoked may require alternative guarantees, repayment of amounts due or termination of the facilities.

The Company has availed unsecured loan which are repayable on demand. Any demand from the lenders for repayment of such unsecured loan may affect its cash flow and financial condition.

Its lenders have charged over the company fixed assets and book debts in respect of finance availed by it.

The company does not have direct-tie up or agreement with the big corporate house for its product, The company is dependent on Intermediaries for Corporate Client Acquisition.

Discontinuance or non-availability of fiscal benefits enjoyed by its subsidiary ("Wahren") or inability to comply with related requirements may have an adverse effect on operations and results of operations on its subsidiary operation.

The company generally do business with its customers on purchase order basis and does not enter into long term contracts with them.

The company is primarily dependent upon few key suppliers for procurement of raw materials. Any disruption in the supply of these raw materials or fluctuations in their prices could have a material adverse effect on its business operations and financial conditions.

Minimum Purchase Condition with the vendors for raw material procurement.

The company generate its major portion of sales from its operations in certain geographical regions in India. Any adverse developments affecting its operations in these regions could have an adverse impact on its revenue and results of operations.

There are certain discrepancies and non-compliances noticed in some of its corporate records relating to forms filed with the Registrar of Companies, taxation authorities and other public authorities.

The company does not few of the premises in which its office or units are located at and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect its operations.

There may be quality issues while printing flexographic printing plates which may adversely affect its business.

Its inability to produce high-quality prints consistently can result in a competitive disadvantage in the market.

Its negligence in cleaning and maintenance can cause damaging in plates which can adversely affect its business.

Its inability to store plates in unsuitable conditions can cause distortion or degradation, impacting plate integrity which may adversely affect its business.

The manufacturing process of flexographic plates generates environmental waste, potentially resulting in fines and penalties.

Any failure while using or selecting the ink for making flexographic printing plates may affect its business operations.

Any failure/ damage or any inevitable event to machinery may affect its business operations and financial conditions of the company.

Any failure to Embrace Digital Printing Could Erode Flexo Printing Market Share and its revenue growth.

Its operations may cause injury to people or property and therefore could subject it to significant disruptions in its business, legal and regulatory actions, costs, and liabilities which could materially and adversely affect its business, financial condition, and results of operations.

Its business involves usage of manpower and any unavailability of its employees or strikes, work stoppages, increased wage demands by workmen or changes in regulations governing labour may have an adverse impact on its cash flows and results of operations.

Its raw-material procurement may be affected by change in the currency exchange fluctuations.

Quality concerns and negative publicity, if any, would adversely affect the value of its brand, and the company sales.

The company is heavily dependent on its Promoters and Key Managerial Personnel for the continued success of its business through their continuing services and strategic guidance and support.

If the company is not successful in managing its growth, its profitability may decrease and result in adverse impact on its business, results of operations and financial condition.

Its inability to manage growth could disrupt the company`s business and reduce profitability.

The outbreak of COVID-19 or outbreak of any other severe communicable disease could have a potential impact on its business, financial condition and results of operations.

The company depends on its senior management team and a loss of any of the company senior management may affect its ability to operate or grow its business.

Its Promoters and members of the Promoter Group will continue jointly to retain majority control over the Company even after the Issue which will allow them to determine the outcome of matters submitted to shareholders for approval.

The Company has in the past entered into related party transactions and may continue to do so in the future. There can be no assurance that such transactions, individually or in the aggregate, will not have an adverse effect on the Company`s financial condition and results of operations.

Its insurance coverage may not be adequate to protect it against certain operating hazards and this may have a material adverse effect on its business.

The average cost of acquisition of Equity Shares by its Promoters could be lower than the issue price.

The company has issued Equity Shares during the last one year at a price that may be below the Issue Price.

Its Promoters have interest in the Company, other than reimbursement of expenses incurred or remuneration.

There may be potential conflicts of interest if its Promoters or Directors get involved in any business activities that compete with or are in the same line of activity as its business operations.

The company has made dividend payment in the FY 22-23 and its ability to pay dividends in the future will depends upon future earnings, financial condition, cash flows, working capital requirements, capital expenditures and restrictive covenants in its financing arrangements.

There is no monitoring agency appointed by the Company to monitor the utilization of the Issue proceeds.

The Price of its Equity Shares may be volatile, or an active trading market may not develop.

The Objects of the Issue for which funds are being raised, are based on its management estimates and any bank or financial institution or any independent agency has not appraised the same. The deployment of funds in the project is entirely at our discretion, based on the parameters as mentioned in the chapter titles "Objects of the Issue".

The company cannot assure you that its equity shares will be listed on the SME platform of NSE in a timely manner or at all, which may restrict your ability to dispose of the equity shares.

Sale of Equity Shares by its Promoters or other significant shareholder(s) may adversely affect the trading price of the Equity Shares.

After this Issue, the price of the Equity Shares may be highly volatile, or an active trading market for the Equity Shares may not develop.

The Issue price of its Equity Shares may not be indicative of the market price of the company Equity Shares after the Issue and the market price of its Equity Shares may decline below the issue price and you may not be able to sell your Equity Shares at or above the Issue Price.