Shashwat Furnishing Solutions 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:

• Leveraging its Market skills and Relationships
• Improving functional efficiencies
• Enhance customer base by entering new geographies to establish long-term relationships
• To build-up a professional organization
• Expand geographical reach

• The Company has been formed specifically for the purpose of acquisition of the business of M/s Handicrafts Village (Proprietorship firm of its Promoter) thus its have limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.
• If the company is not able to obtain, renew or maintain the statutory and regulatory permits and approvals required to operate its business it may have a material adverse effect on its business.
• Its relies on suppliers for semi-finished products which is further processed and finished by its company. In the event of disruption in supply of semi-finished goods, its business, results of operations and financial condition may be adversely affected.
• Orders placed by customers may be delayed, modified, cancelled or not fully paid for by its customers, which may have an adverse effect on its business, financial condition and results of operations.
• Failure to manage its inventory could have an adverse effect on its net sales, profitability, cash flow and liquidity.

• Leveraging its Market skills and Relationships
• Improving functional efficiencies
• Enhance customer base and to establish long-term relationships
• To build-up a professional organization
• Expand geographical reach