Platinum Industries IPO : Here are 10 key risks from the RHP you should know before subscribing

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₹162 to ₹171 per equity share of face value of ₹10. Platinum Industries IPO lot size is 87 equity shares and in multiples of 87 equity shares. 1.

Platinum Industries is in the process of expanding its operations and establishing a network of distributors & customers in regions where it do not have a significant presence or prior experience. Any failure to expand into these new regions could adversely affect Platinum Industries sales, financial condition, result of operations and cash flows. 2.

Platinum Industries is dependent on a few customers for a major part of our revenues. Further it does not enter into long-term arrangements with its customers and any failure to continue its existing arrangements could adversely affect its business and results of operation. Also Read- Exicom Tele Systems IPO day 1: GMP, review, subscription status, other details. Buy or not? 3.

If there are delays in setting up the Proposed Facilities or if the costs of setting up and the possible time or cost overruns related to the Proposed Facilities or the purchase of plant and machinery for the Proposed Facilities are higher than expected, it could have a material adverse effect on Platinum Industries financial condition, results of operations and growth prospects. 4. Platinum Industries is dependent on the demand from the industries where its products find application such as PVC pipes and tubes, PVC profiles, PVC fittings and electrical wires and cables.

Any downturn in such industries could have an adverse impact on Platinum Industries business and results of operations. 5. Under-utilization of manufacturing capacities and an inability to effectively utilize its expanded manufacturing capacities could have an adverse effect on its business,