Meir Commodities India Limited IPO

We derive the majority of our revenue from trading of sugar, khandsari and sugar allied products and therefore vulnerable to a range of risks associated with the sugar industry.

Our revenue from operations is dependent upon a limited number of customers and the loss of any of these customers or loss of revenue from any of these customers could have a material adverse effect on our business, financial condition, results of operations and cash flows.

We are dependent upon sugar mills for the continuous adequate supply of sugar for domestic and export sale.

Our trading operations in agricultural commodities including sugar are subject to the regulatory framework established under the Essential Commodities Act, 1955 ("ECA"), which empowers the Government of India to regulate and control the production, supply, distribution, and trade.

We derive majority of our revenue from third-party distributors, any disruption in our relationships with them, changes in their business practices or their failure to meet payment schedules could adversely affect our business, operating cash flows and financial condition.

Our business is subject to seasonal volatility, which may lead to fluctuations in our results of operations and financial condition.

We derive a majority of our revenue from the domestic market and a significant portion of our domestic revenue is derived from the states of Maharashtra, and West Bengal. Any adverse developments in this market could adversely affect our business.

In international markets, majority of our revenue is generated from Afghanistan, Sri Lanka and UAE, consequently our operations make us susceptible to economic, regulatory, social, and political changes in these countries including the other countries where we operate or intend to expand. Any adverse developments in these markets could impact on our market share, financial condition, and results of operations.

Our Company, Promoter, Directors and Subsidiaries are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.

We are heavily dependent on third-party suppliers and any disruptions in the supply or an increase in prices of agricultural commodities could adversely affect our operations.