Fone4 Communications (India) Ltd IPO

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Here’s the consolidated financial information for the last three years:

• Established and proven track record;
• Strategically located showrooms across Kerala;
• Leveraging the experience of its Promoters;
• Experienced management team and a motivated and efficient work force;
• Cordial relations with its customers

• The Company, Promoters, Promoters Group and Group Company are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various courts and regulatory authorities. Any adverse decision may make it liable to liabilities/ penalties and may adversely affect its reputation, business and financial status. A classification of these legal and other proceedings is given below.
• The Company's business highly depends on the brands recognition and reputation of the products it offers to sell and their inability to maintain or enhance brands image that the company sell could have a material adverse effect on its business, financial condition and results of operations.
• The Company is dependent on external suppliers/distributors for its product requirements. Any delay or failure on the part of the external suppliers/distributors to deliver products, may materially and adversely affect its business, profitability and reputation.
• The company may be subject to risks associated with product warranty for the brand products.
• A large part of its revenues is dependent on a limited number of brands. The loss of any of its major brands or a decrease in the supply or volume from such brands, will materially and adversely affect its revenues and profitability.

• Increasing trade/sales
• Upgrade & Renovation
• Brand building
• Targeting the Middle Class
• Strengthening Distribution Network