What happen to IPO funding loan if IPO share list below issue price?

IPO Funding offers HNI investors to borrow money for IPO investment. The borrower & leader both carefully access the risks before funding. They go through historic data, market trends, grey market premiums, subscription, margin amount, customer history and many more factors before offering the loan. Despite this many a time's things go wrong.

Some common risks in IPO Investment through funding includes:

1. There is huge difference in the IPO subscription (over or under subscribe)
2. The IPO shares listed at discount
3. IPO processes get delayed for some reason

In most cases lender recovers the losses from the margin provided by the borrower. In case it doesn't happen, the borrower has to pay for the remaining amount or keep paying interest based in the terms in agreement.