Vibhor Steel Tubes Ltd IPO

The average price/earnings (P/E) ratio of the listed industry peer set was x as on while its P/E ratio will be at premium of times at the higher price band and times at the lower price band. The trading price of its Equity Shares may fluctuate based on a comparison of the P/E ratio of the listed industry peer set and the Company.

The Company has reported certain negative cash flows from its financing activity and investing activity, details of which are given below. Sustained negative cash flow could impact its growth and business.

The Company, its Promoters/Director and its Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

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

The Company has entered into long-term agreements with Jindal Pipes Limited purchasing its Products.

The Company has entered into long-term agreements with Steel Authority of India Limited (RawMaterial Supplier).

The company has certain contingent liabilities, which, if materialized, may affect its financial condition and results of operations.

Its business is working capital intensive. If the company experience insufficient cash flows to meet required payments on its working capital requirements, there may be an adverse effect on the results of its operations.

Its profitability and results of operations may be adversely affected in the event of any disruption in the supply of raw materials or increase in the price of materials, fuel costs, labour or other inputs.

Trade Receivables and Inventories form a substantial part of its current assets. Failure to manage the same could have an adverse effect on its net sales, profitability, cash flow and liquidity.