SignatureGlobal India Ltd IPO

The company's business and profitability is significantly dependent on the performance of the real estate market in the Delhi- NCR region, generally, and particularly in Gurugram and Sohna micro-markets in Haryana. Fluctuations in market conditions may affect its ability to sell the company projects at expected prices, which may adversely affect its revenues and earnings.

The COVID-19 pandemic adversely affects the company business, financial condition, results of operations, cash flows, liquidity and performance, and it may reduce the demand for its projects in future.

The withdrawal of certain benefits under the Haryana Affordable Housing Policy, 2013 and the Deen Dayal Jan Awas Yojna, may adversely affect its business, prospects and results of operations.

The company depends significantly on its residential development business, particularly in the affordable housing category, the success of which is dependent on the company ability to anticipate and respond to consumer requirements.

The company has incurred net loss in the past, and its may not be able to achieve or maintain profitability in the future.

There may be an increase in the price of land and/ or shortages of land available for development.

The company may not be able to successfully identify and acquire suitable land or enter into collaboration agreements, which may affect its business and growth prospects.

While acquiring land parcels or other properties or entering into collaboration agreements after conducting due diligence and obtaining independent title reports for the land, the company may not be aware of legal uncertainties and defects, which may have an adverse impact on its ability to develop and market projects on such lands.

Some of the company projects are in the preliminary stages of planning and require approvals and renewals of certain approvals for its projects and the company is required to fulfil certain conditions precedent in respect of some of them, which may require it to reschedule the company Ongoing Projects and Forthcoming Projects.

Significant increases in prices (including for increase in taxes and levies) or shortage of or delay or disruption in supply of, construction materials, contract labour and equipment could adversely affect the company estimated construction cost and timelines resulting in cost overruns.