Moneyview Limited IPO

The company's success depends on the company's ability to attract, engage and monetize new and existing users on the company's platform. Any failures to do so could have an adverse impact on the company's business, financial condition, cash flows and results of operations.

The company depends on cooperation with its Financial Partners. In the nine months period ended December 31, 2025 and Fiscals 2025, 2024 and 2023, the company's top ten Financial Partners contributed to 37.31%, 46.82%, 56.78% and 70.45% of the company's revenue from operations, respectively. The company's business may be negatively affected if its Financial Partners do not continue their relationship with the company, which could have an adverse impact on the company's business, financial condition, cash flows, results of operations and prospects.

The company has witnessed rapid growth in the past three years and may not be able to sustain its historical growth levels. Further, the company has a limited operating history across some of the company's products and services. The company may not be able to sustain its current growth levels in a cost-effective manner, which could adversely affect the company's business, financial condition, cash flows, results of operations and prospects.

Borrower defaults on loans facilitated through our platform under default loss guarantee ("DLG") arrangements may increase the company's default loss guarantee expense and adversely affect its financial performance.

The company's Gross Stage 3 Loans comprised 2.53%, 1.88%, 0.94%, and 3.37% of the company's Total Gross Loans as at December 31, 2025, March 31, 2025, March 31, 2024 and March 31, 2023, respectively. If borrowers default on their repayment obligations, it may lead to increased levels of Gross Stage 3 Loans, and related provisions and write-offs, and if the company does not have sufficient provisioning coverage, the company may faces an adverse impact on the company's business, financial condition, cash flows, results of operations and prospects.

The company's brand is critical to the company's success. If the company is unable to maintain its brand or reputation, user and financial partner acceptance of the company's platform could decline which could have an adverse impact on the company's business, financial condition, cash flows, results of operations and prospects.

The company's technology-driven user assessment processes may not be able to effectively identify, monitor or mitigate lending risks, which could have an adverse impact on the company's business, financial condition, cash flows, results of operations and prospects.

The company is subject to a stringent regulatory framework that may affect the flexibility of the company's operations and increase compliance costs and any regulatory action against the company and the company's employees may result in penalties and/or sanctions that could have an adverse effect on the company's business, prospects, financial condition and results of operations.

The company's Material Subsidiary, WFPL, is regulated by the RBI and is subject to the liquidity risk management framework prescribed under the Master Direction - Reserve Bank of India (Non-Banking Financial Companies - Asset, Liability Management) Directions, 2025 (the "NBFC - ALM Directions"). These directions, inter alia, prescribe a comprehensive Liquidity Risk Management ("LRM") Framework for non-banking financial companies.

The company's Material Subsidiary, WFPL's failures to comply with the capital adequacy ratios prescribed by the Reserve Bank of India could adversely affect its business, results of operations, cash flows and financial condition.