Onemi Technology Solutions Ltd IPO

A significant portion of the company's AUM consists of unsecured loans (94.23% and 98.15% of its total AUM as of December 31, 2025 and March 31, 2025, respectively). Any decrease in demand for the company's unsecured loans products may adversely affect its business, financial condition, cash flows, results of operations and prospects.

The company success depends on retaining and expanding its customer base. If the company does not continue to innovate and further develop its platform or the company's platform developments do not perform, or the company is not able to keep pace with technological developments or if the company is unable to attract new customers or are unable to retain and grow its relationships with the company's existing customers, its business, financial condition, cash flows, results of operations and prospects would be materially and adversely affected.

The company and its Subsidiary have witnessed negative operating cash flows in the past. Net cash inflow/(outflow) of the Company and its Subsidiary was Rs.(1,377.63) million and Rs.(2,294.17) million, respectively, in the nine months ended December 31, 2025 and Rs.(6,614.26) million and Rs.(8,249.93) million, respectively, in Fiscal 2025.

The company has certain contingent liabilities that have not been provided for in the company's Restated Consolidated Financial Information, which if they materialize, may adversely affect its financial condition.

A significant portion of the company's AUM is attributable to the southern and western regions of India (35.00% and 26.47%, respectively, of its AUM in the nine months ended December 31, 2025 and 32.91% and 29.07%, respectively, of the company's AUM in Fiscal 2025). Any adverse development in these regions may adversely affect its business, financial condition, cash flows and results of operations.

The company's inability to use software licensed from third parties could adversely affect its ability to sell the company's offerings and subject the company to possible litigation, which may adversely affect its business, financial condition, cash flows, results of operations and prospects.

The company depends on its Subsidiary, Si Creva, for the company's on-book loans. Any disruption in its business could materially and adversely impact its business, financial condition, results of operations and cash flows.

The Company has, in the past, allotted Series A OCRPS and Series B OCRPS to our Promoters, which were subsequently converted to Equity Shares of the Company in the conversion ratio of 1:1,457,280.

The company relies on collecting and analyzing data to enhance its business performance and results and depend on the accuracy and completeness of information provided by the company's customers. The company's reliance on any misleading information may affect its judgment of their credit worthiness, as well as the value of and title to the collateral. Further, any inability to accumulate or access sufficient data in the future or analyze the data effectively may adversely affect the company's business, financial condition, cash flows, results of operations and prospects.

If the company is unable to control the level of GNPAs in our portfolio effectively (the company's Gross NPA was 2.90% and 2.89% as of December 31, 2025 and March 31, 2025, respectively) or if the company is unable to maintain adequate provisioning coverage (the company's provisioning coverage ratio was 86.88% and 91.48% in the nine months ended December 31, 2025 and Fiscal 2025, respectively) or if there is any change in regulatory-mandated provisioning requirements, its business, financial condition, cash flows, results of operations and prospects could be adversely affected.