Abha Power and Steel Limited

1. Diversified product mix with strong focus on customised products.

2. Fully equipped manufacturing facility.

3. Strategically located Manufacturing Facility.

4. Captive Power plant.

5. Diversified customer base and long-standing relationship with our customers.

6. Quality assurance and accreditations.

7. Well experienced management team with proven project management and implementation skills.

1. Our Manufacturing Facility is located in Bilaspur, Chhattisgarh. Any disruption, breakdown or shutdown of our Manufacturing Facility may have a material adverse effect on our business, financial condition, results of operations and cash flow.

2. We do not own premises where our Manufacturing Facility is located.

3. Our manufacturing activity is subject to availability of raw material and the costs of the raw materials. Any shortage in availability or fluctuations in raw material prices, may have a material adverse effect on our business, financial condition, results of operations and cash flows.

4. A significant majority of our revenues from operations are derived from a limited number of customers.

5. We require certain approvals and licenses in the ordinary course of business and are required to comply with certain rules and regulations to operate our business, any failure to obtain, retain and renew such approvals and licences or comply with such rules and regulations may adversely affect our operations.

6. Our business is capital intensive. We require substantial financing for our business operations. Our indebtedness and the conditions and restrictions imposed on by our financing arrangements could adversely affect our ability to conduct our business.

7. Our ability to access capital at attractive costs depends on our credit ratings. Non-availability of credit ratings or a poor rating may restrict our access to capital and thereby adversely affect our business and results of operations.

8. We have availed unsecured loans which are repayable on demand. Any demand for repayment of such unsecured loans, may adversely affect our cash flows.

9. Our lenders have charge over our movable and immovable properties in respect of finance availed by us.

10. Our Promoters and Promoter Group has provided personal and corporate guarantees for loans availed by our Company. Our business, financial condition, results of operations, cash flows and prospects may be adversely affected by the invocation of all or any guarantees provided by our Promoter and Promoter Group.