India Shelter Finance Corporation Ltd IPO

The company requires substantial capital for its business and operations and any disruption in the company sources of financing could have an adverse effect on its business, results of operations and financial condition.

Its inability to comply with the financial and other covenants under its debt financing arrangements could adversely affect the company business, results of operations and financial condition.

Three states contributed to 63.4% of its assets under management for the Financial Year 2023. As such, any adverse developments in these states could have an adverse effect on its business, results of operations and financial condition.

The risk of non-payment or default by the company customers may adversely affect its business, results of operations and financial condition.

If the credit quality of its loan book deteriorates or the company is unable to implement effective monitoring and collection methods, its results of operations and financial condition may be adversely affected.

Its inability to recover the full value of collateral or amounts outstanding under defaulted loans in a timely manner, or at all, could adversely affect its business, results of operations and financial condition.

The company is subject to periodic inspections by the National Housing Bank and the Reserve Bank of India and non-compliance with observations made during any such inspections could result in penalties and fines, and could adversely affect its reputation, business, financial condition, results of operations and cash flows.

The company is affected by volatility in interest rates for both its lending and treasury operations, which could causethe company net interest income to vary and consequently affect its profitability.

The company may face asset-liability mismatches, which could affect its liquidity and consequently may adversely affect the company operations and profitability.

The company has experienced growth in recent years, and its may not be able to sustain such growth in the future.