Hariom Pipe Industries 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:

• Integrated nature of the operations
• Environment friendly manufacturing process
• Strategic Location of manufacturing Units
• Competitive pricing of the products
• Experienced Promoters and management Team

• The Company has not entered into long-term agreements with its customers for purchasing its products nor for the supply of raw materials with our suppliers. The company is subject to uncertainties in demand and there is no assurance that these customers and suppliers will continue to purchase its products or sell raw materials to us or that they will not scale down their orders. This could impact the business and financial performance of the Company.
• Raw materials and stores spares and consumables consumed constitute a significant percentage of the Company's total expenses. Any substantial increase in prices and any decrease in the supply would materially adversely affect the Company's business.
• The company has historically derived, and may continue to derive, a significant portion of its income from its top 10 customers.
• The demand and pricing in the steel and steel products industry is volatile and is sensitive to the cyclical nature of the industries it serves. A decrease in steel prices may have a material adverse effect on its business, results of operations, prospects and financial condition.
• The steel and steel products industry is characterized by volatility in the prices of raw materials and energy which could adversely affect its profitability.

• Expand our geographical network.
• Organic growth by expansion of its manufacturing capacity.
• Upgrading its existing manufacturing facilities.
• Expanding its product range to add more value-added products.
• Increasing Operational efficiency