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1 Leveraging over three decades of Financial Experience

Leveraging over three decades of Financial · PDF fileo Project Finance o Working Capital o Offshore Finance o Acquisition Finance o External commercial borrowings (ECBs) o Cross-border

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Leveraging over three decades of Financial Experience

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Overview

Pioneer Investcorp (PINC) is an India-focused integrated financial services company serving mid-market companies

Three decades of experience in serving the needs of corporates, institutional & government clients and family offices

Excellent deal track record

o Successfully closed over 100 transactions

o Advised and handled deals aggregating to over INR 15,000 crore

A professional team of over 75 members with a strong entrepreneurial mindset

Presence across 5 cities – Mumbai | Delhi | Chennai | Bengaluru | Kolkata

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Differentiators & Service Areas

Relationship-driven approach

In-depth experience in dealing with Indian businesses and local promoter groups

Sound understanding of the Indian regulatory framework resulting in fast deal closures

Solutions-driven and client-first approach

Conduct driven by intellect & integrity

Key Differentiators

Investment Banking

Private Equity Advisory

Debt Syndication

M&A Advisory and Institutional Securities Trading

Key Service Areas

4

Group History

Our Journey so far…

Establishment of

Lease Syndication

Business

Started

Investment

Banking and

Institutional

Trading business

Follow on issue

offering

Commenced

Equity

Derivatives

segment

Initiated Private

Equity Advisory

line of business

Launched new

businesses:-

• Portfolio

Management

Services

• Wholesale Debt

Management

• CDSL

membership

Strengthening of

Debt Syndication

and Investment

Banking

1985

1990

1995

2000-03

2005

2007-10

2011-12

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Disciplined Approach

Strong Capabilities

Diversified Presence

Robust Compliance & Governance

The PINC Edge

Strengths

In-depth research

Due Diligence & Deal Structuring

Continuous engagement with client companies

Depth of Leadership

Execution Experience

Global Best Practices with Local Expertise

Pan-India reach through 5 offices

Integrated B2B Solutions across Equity & Debt

Prestigious Clientele with long-term relationships

Strict adherence to regulations

Risk Management & Corporate Governance

Transparency in all dealings

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Full Service Spectrum

Debt

Syndication &

Advisory

Investment

Banking

Institutional

Securities

Trading

Insurance and

Reinsurance

Advisory

Service Offerings

PE Advisory

Value-added financial advisory services for optimal access to capital

Smart mid-market research ideas that provide clients with growth and value creation opportunities

Ability to execute large and complex deals

Successful track record in QIPs, preferential placement transactions and offers for sale

Strategic global partnerships for executing cross border M&A transactions, both inward and outward

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Investment Banking

Financial advisory and capital raising services for mid-market focused

companies

Expert team of I-Banking professionals with both global and domestic

deal exposure

Services include:

o Private equity advisory

o Corporate finance advisory & strategic alliances

o Debt syndication

o Mergers & Acquisitions

o Structured transactions

Research-driven mid-market focus

Track record of managing costs effectively

Innovative placement strategies

Distribution network and ability to attract investors

Key Strengths

Marquee Deals

Acquisition of Thomas Cook India

2012

INR 1,000 Crores

Takeout financing

December 2013

INR 400 Crores

MEP Infrastructure Ltd.

INR 575 Crores

Structured Debt

August 2013

Omkar Realtors & Developers Pvt. Ltd.

INR 340 Crores

Sansera Engineering Pvt. Ltd.

Private Equity July 2013

INR 850 Crores

IDBI Bank

Perpetual Bonds Dec 2012

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Strategic and tactical advice across the spectrum of debt products

Offer assistance in following areas:

o Project Finance

o Working Capital

o Offshore Finance

o Acquisition Finance

o External commercial borrowings (ECBs)

o Cross-border project funding

Expertise spans across domestic and international markets, with

cross-border experience

I-Banking: Debt Syndication & Advisory

Broad access to investors, lenders and banks

Arranging debt at competitive costs

Understanding of the debt syndication process

Comprehensive understanding of lending norms

A close knit team of professionals

Key Strengths

Marquee Deals

Takeout financing

December 2013

INR 400 Crores

MEP Infrastructure Ltd.

INR 575 Crores

Structured Debt

August 2013

Omkar Realtors & Developers Pvt. Ltd.

Lead Managers to Institutional Placement

May 2013

INR 184 Crores INR 375 Crores

Au Financiers (India) Pvt. Ltd.

Debt Syndication

Apr 2012 & Nov 2011

INR 550 Crores

Jyothy Laboratories Limited

Project Loan

January 2012

Lease Rental Discounting

July 2013

INR 350 Crores

Vital Constructions Pvt. Ltd.

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Customized solutions for project finance through

the entire deal process

Cover fund-based and non-fund-based finance

Specialize in financial appraisal of large projects Preparation of DPR (Detailed Project

Report)

Selection of appropriate

lenders

Making applications for

financial assistance

Obtaining sanctions

Completing the documentation and disbursal

process

I-Banking: Project Finance Advisory

Marquee Deals Marquee Deals

INR 235 Crores

Saraf Agencies Pvt. Ltd

Project Loan

December 2013

Service Spectrum

INR 50 Crores

Columbia Petro Chem Pvt. Ltd.

Corporate Loan

June 2014

INR 50 Crores

MEP Infrastructure Developers Ltd

Corporate Loan

July 2015

INR 75 Crores

SriVallabh Pittie Industries Ltd

Corporate Loan

September 2015

INR 50 Crores

Flexituff International

Corporate Loan

January 2016

INR 50 Crores

MEP Infrastructure Developers Ltd

Project Loan

December 2015

10

Marquee Deals

Provides working capital solutions to

help clients manage their cash flow

Affordable financing options that helps

grow business while minimising risk

Offer assistance in following areas:

o Supplier’s Credit

o Buyer’s Credit

o SBLC

I-Banking: Working Capital

Trade Financing

February 2014

USD 12 million

Psons Limited

Working Capital

October 2013

INR 60 Crores

Lava International Ltd.

Key Strengths

De-centralised operation management for

fast processing and quick availability of loans

Competitive interest rates

Strong network with banks & financial

institutions

Easy documentation process

Experienced professional team

Working Capital

July2015

INR 60 Crores

Associated Stone Industries (Kotah) Ltd

Takeout Financing

January2015

INR 105 Crores

Orange Group SPVs

Corporate Loan

October 2014

INR 50 Crores

Platinum Textiles Ltd

Term Loan

July2016

INR 55 Crores

NDTV Convergance Limited

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Extensive experience in real estate across products,

funding structures & sizes

Consistent, speedy and reliable delivery of transactions

Services include:

o Construction / Project Finance

o Balance Sheet Funding

o Lease Rental Discounting

o Loan against Property

o Refinancing / Consolidation of Existing debt

Real Estate

Marquee Deals

INR 375 Crores

Construction Finance

November 2013

Forum Group

Network of relationships

Sector Knowledge

Multiple product portfolio

Quick turnaround

Large dedicated pool of experienced specialists

Key Strengths

INR 325 Crores

Debt Syndication August 2013

Omkar Realtors & Developers

Pvt. Ltd.

INR 75 Crores

Forum Group

Construction Finance

October 2015

INR 60 Crores

Neelkanth Group

Construction Finance

January 2014

INR 60 Crores

Bestech India Private Limited

Structured Debt

June 2015

INR 70 Crores

Indiabulls Alternate

Investment Fund

Raised Capital

October 2015

INR 30 Crores

ICICI Prudential Alternate

Investment Fund

Raised Capital

October 2015

INR 280 Crores

Ecstasy Realty Private Limited

Structured Finance

November 2015

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I-Banking: PE Advisory

End-to-end advisory services in the private equity space

Advise both listed and unlisted companies in raising

growth capital in the mid-market segment

Team of professionals having experience in advising and

executing PE transactions across sectors

Services include:

o Venture Capital

o Structured Finance

o Special Situation Finance

o Growth Capital

o Buyout / Control transactions

Strong deal sourcing capabilities

Superior industry knowledge & promoter access

Strong relationships with key private equity

players

Deep knowledge of PE investment process

Valuation & Deal structuring expertise

Understanding of regulatory and compliance

requirements

Key Strengths

INR 340 Crores

Sansera Engineering Pvt. Ltd.

Private Equity July 2013

Marquee Deals

INR 100 Crores

Jyothy Fabricare Services Ltd.

Private Equity April 2011

INR 225 Crores

Dewa Projects

Private Equity January 2011

INR 225 Crores

Rohan Lifespaces

Private Equity December 2010

INR 80 Crores

Enzen Global Solutions Pvt. Ltd.

Structured Equity July 2014

INR 300 Crores

Bill Forge Pvt. Ltd.

Private Equity January 2015

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Leading arranger and underwriter in the institutional securities market

offering innovative products and services

Offers trades in products like:

o Treasury bills

o Government Securities

o State Development Loans

o Non SLR Bonds

o Corporate Bonds

o Money market instruments like Certificates of Deposit, Commercial

Paper, Inter- Corporate Deposits, Call & Notice Money Deposits.

Institutional Securities Trading

Local / Domestic market knowledge

Strong distribution network

Sound structuring expertise

Trading backed by innovative mid-market research

ideas

Professional team and innovative transactions

Key Strengths

Marquee Deals Marquee Deals

INR 850 Crores

IDBI Bank

Perpetual Bonds December 2012

INR 500 Crores

Union Bank of India

Tier II Bonds December 2012

INR 175 Crores

Central Bank of India

Perpetual Bonds December 2012

INR 150 Crores

Shriram Transport

3 year NCD December 2012

INR 100 Crores

Tier II Bonds December 2012

Oriental Bank of Commerce

Arrangers for Redeemable NCDs

April 2013

INR 100 Crores

Sole Arranger for Placement of 9.35% NCD

June 2016

INR 252 Crores

Adani Ports & SEZ

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Group Leadership Team

Gaurang Gandhi, Managing Director

Over 30 years of professional experience across

financial services mainly investment banking, leasing,

structured products and project finance

Qualified Chartered Accountant

Sushant Kumar, Director & CEO

Nearly 30 years of experience in corporate banking, SME

financing, institutional sales, loan syndication and capital

markets advisory

Masters of Economics, Guwahati University; Global

Executive Leadership Program, University of Michigan

and Certified Associate of the Indian Institute of Bankers

Rakesh Bhatia, CFO & Head – Compliance

Responsible for risk management and corporate

governance best practices across the group and various

business functions; specializes in resource mobilization,

dealing with banks and financial institutions

Qualified Chartered Accountant and Company Secretary

Hemang Gandhi, Director

More than 20 years of experience in the financial

services industry, with a focus on investment banking

Bachelors of Commerce, Mumbai University

Jeevan Adya, Director

Over 34 years of experience in Marketing & Business

Development

Management Graduate from IMDR (Pune)

Ketan Gandhi, Director

Over 20 years of comprehensive equity market experience

with key strengths in stock picking and developing corporate

relationships

Bachelor’s of Commerce, HR College of Commerce, Mumbai

Sandeep Shenoy, ED-Equities

Over 25 years experience in Research, Equities and

Investment Banking specialised in mid-market companies

and growth capital raising

Holds an engineering degree from Goa Engineering College

and a Masters degree from Mumbai University

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Strong Corporate Relationships

Real Estate

Manufacturing & Mining

Insurance Infrastructure Auto

Financial Services

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Private Equity Relationships

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DELHI

812, 8th Floor, Kailash Building, 26, Kasturba Gandhi Marg, Connaught Place, New Delhi- 110 001. Tel: +91 11 4516 6705 Fax: +91 11 4516 6704 Mumbai

New Delhi

Bengaluru Chennai

Kolkata

KOLKATA

Flat No.GF-1, Ground Floor, Block B, Tivoli Court, 1C, Ballygunge, Circular Rd, Kolkata – 700 019. Tel: +91 33 4064 7970 Fax: +91 33 4064 7971

Registered Office:

MUMBAI

1218, 12th Floor, Maker Chamber V, Nariman Point, Mumbai 400 021. Tel: +91 22 6618 6400 / 022-6618 6633 Fax: +91 22 6618 6623

CHENNAI

Vasanth Business Centre 86 TTK Road, Alwarpet, Chennai 600 018. Tel: +91 44 4214 2914 Fax: +91 44 4214 2914

BENGALURU

409, 4th Floor, House of Lords No. – 15&16, St. Marks Road, Bengaluru – 560 001.

Sushant Kumar – Director & CEO

Email: [email protected]

Hemang Gandhi - Director

Email: [email protected]

Sandeep Shenoy - ED-Equities

Email: [email protected]

Contact Us

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Disclaimer

The information and material provided in this presentation do not constitute an offer or solicitation for the purchase or sale of any security and

financial instrument. The information may be obtained from various sources and PINC and/or its affiliates do not represent that the

information is accurate or complete, and it should not be relied upon as such. PINC accepts no liability whatsoever for any direct or

consequential loss arising from the use of this material or its contents. All estimates and opinions provided herein constitute the original

researcher’s judgment as of the date of the report and may be subject to change without notice. PINC will not be responsible for the

consequences of reliance upon any opinion or statement contained herein. The returns on the products discussed in this material are not

guaranteed by any bank unless specifically stated and are subject to investment risks, including possible loss of the principal amount invested.

An investment in any product should be made only after careful study of the most recent sales prospectus, term sheets, relevant fund

regulations and basic legal information contained therein. Furthermore, investments in foreign currencies are subject to exchange rate

fluctuations. Before entering into any transaction, you should consider the suitability of the transaction to your particular circumstances and

independently review (with your professional advisors as necessary) the specific financial risks as well as legal, regulatory, credit, tax and

accounting consequences.