27
MUMBAI | NEW DELHI | BENGALURU | AUSTRALIA YOUR PARTNER IN GROWTH …
MUMBAI | NEW DELHI | BENGALURU | AUSTRALIA
YOUR PARTNER IN GROWTH …
Amongst top 10 investment banks
>100 transactions in last 5 years
Transactions Valued ~US$ 4.2 Bn
40 professionals
~300 yrs of experience
Closed transactions in >20 countries
Strong presence in 18 unique sectors /
sub-sectors
Consistently ranked amongst the top ten Investment Banks in India
Multi-dimensional focus and sector agnostic approach
Strong relationships with top Indian business houses
Focus on Mid-market and growing Corporates
Experienced leadership team and professionals - leading a team of 40 professionals,
averaging 5+ years with SINGHI
Confidence from existing clients with 60% repeat business and 70% success rate
Live relationship with > 500 Corporates, resulting in >800 completed assignments
Exclusive Indian member of Mergers Alliance (www.mergers-alliance.com)
Providing uncompromised and unbiased advice not encumbered by the many conflicts
Winner of ‘The Corporate International - M&A Advisory Firm of the Year in India 2013
Who We Are
TWO DECADES OF DELIVERING SUCCESS… Full service Investment bank with strong capabilities in M&A, PE & Corporate Finance
2
MANY SERVICES . . . ONE GOAL Successfully catered to multi-faceted needs of our clients across the Globe
What We Do
Acquisitions
Divestments
Equity Placement
Joint Ventures
India Entry Strategy
Management Buyouts
Growth Capital
Project Finance
Debt Restructuring
Asset Reconstruction
Corporate Advisory
Family Office
I N S I G H T M A T T E R S
3
ACQUISITIONS
DIVESTITURES
JOINT
VENTURES
BOARD
ADVISORY
MANAGEMENT
BUYOUTS
PRIVATE
EQUITY
YOUR PARTNERS IN GROWTH . . .
WE UNDERSTAND BUSINESS Aspire to be the Trusted Advisors to our Clients
Deep Business understanding
with a Deal Mindset
Proactively working & pre-
convincing targets, before disclosing the clients identity
Active multiple retained buy-side
& sell-side transactions
70% plus success rate with 60% plus repeat
business
Well researched and focused
Track record of closing multiple
transactions across sectors, across globe
Low profile but extremely
aggressive…
We believe in making Lasting
Impact
Highly motivated and result oriented organization
Investment Bank of your Choice Why SINGHI
4
WE MAKE THE WINNING DIFFERENCE
Winner of the Corporate
International - M&A Advisory Firm
of the Year in India 2013
Consistently ranked amongst the
top 10 Investment Banks in India
Our Global network, Mergers –
Alliance is ranked 16th worldwide
by Thomson Financial
One of the fastest growing
financial services firm in India
Credentials & Recognitions Industry Confirmations
Ranked “8th” by Thomson Reuters for “Deal per Advisor” in Indian
M&A space in 2011
Ranked among top 5 Investment Banks in India
M&A Atlas Award for ‘Boutique Investment Bank – 2013’
M&A Atlas Award for ‘Deal of the Year – 2011, 2013’
Ranked “9th” by mergermarket for “Deal Volume in Indian M&A space
in 2011”
Corporate International Award for “M&A Advisory Firm of
the Year in India – 2012, 2013”
ACQ Global Award 2009 for ‘Corporate and M&A Advisory firm
of the year-India’
Global Deal of the year Award, Outbound - 2008
5
THE WORLD IS OUR PLAYGROUND Local Knowledge . . . Global Reach
Our Network
A close network of award
winning corporate finance firms
across the globe, providing high
quality advice to organisations
who require international reach
Wide reach across 25 Countries
through 50 office locations
covering North America, Latin
America, MENA, Europe
Australia & Asia
Dedicated Industry sector teams
with proven track records and
experience
Exclusive Indian Member of “Mergers-Alliance”, a leading international network of
independent Investment Banking and Corporate Finance Advisory firms offering
seamless services on mid-market transactions
With the successful closure of more than 90 transactions valued at over Euro 5 billion to
its credit, Mergers-Alliance is ranked No. 16 globally by Thomson Financial Table
Mergers-Alliance helps us offer clients a global platform, seamless service and enhanced
access to global opportunities supported by over 200 like-minded professionals, each
having strong presence in their home market, wealth of local knowledge and experience
in the international markets.
6
WE ARE IN A BORDERLESS WORLD Unparallel experience in handling diverse cross-border transactions across varied sectors
Polymers
Diagnostics Neutraceutical
THE TEAM OF COACHES Governed by Board of Directors having Global knowledge & Leadership experience
Mahesh Singhi - Founder & Managing Director
• Mechanical Engineer (MNIT), India
• Extensive experience of more than 20 years in Mergers
& Acquisitions, Corporate Finance & Project Advisory
services across sectors.
Michael Parkinson – Director, Australia
• Economic Graduate - Cambridge, MBA – Stanford
• Senior management position with Unilever, Citibank and
Grindlays Bank;
• Advisor & on Board of many Australian companies
• Director - Australian funds house with A$20 billion plus
under management
D.P. Roy - Independent Director
• MSc, CAIIB
• Ex- Executive Chairman – SBI Capital Markets
Limited
• Ex- President & CEO – SBI, New York and Country
Manager-USA
• Ex- Director – Thomas Cook, NSE, Petronet LNG,
ICRA, Escorts, etc
• Advisor to NSE, NCDEX, MCX, NSDL, etc
R. N. Bhardwaj - Non Executive Chairman
• MA (Economics), DIR & PM
• Ex- CMD– Life Insurance Corporation of India,
• Ex- Member – Securities Appellate Tribunal
• Ex- Director – NSDL, LICHF, GIC, NHB, NSE,
NCDEX, M&M, ABB, IFCI, etc
• Advisor to the Ministry of Finance, Dept. of Economic
Affairs, Government of India
Our Board
8
THE TASKMASTERS Stellar Management Team with Deep Domain Knowledge, Industry Experience & Deal Expertise
Gopal Agrawal
• ACA
• Ex- Ernst & Young
• Leading SINGHI’s initiatives in
Private Equity practice & sectors
like Media, Financial Services ,
Food & Agriculture
Leadership Team
9
Ajoy Lodha
•FCA
•Ex- MD-Viraj Romania,
•Sr Partner - Parekh Shah & Lodha
•Leading SINGHI’s initiatives in the
sectors like Metal & Mining,
Textiles, E-Commerce & Polymers
Anand Bhageria
• MBA Finance
• Ex-ICICI, CRISIL; Covering corp.
finance, stressed asset resolution
and infra project finance & advisory
• Leading SINGHI’s initiatives in M&A
in companies under stress / pre-
stress
Bimal Raj
•MBA
•Ex-CEO at Smartlink Network
Systems Ltd (D-Link) & Allied
Digital where he led Sales &
Marketing, Strategic Planning and
M&A.
•Leading SINGHI’s initiatives in
M&A in IT & ITES sectors
P.S.Malik
• Ex. Jt MD - Kirloskar Electric
Group
• Leading SINGHI’s initiatives in
sectors like Electrical, Non
Ferrous, Core Manufacturing
• Spearheading Business Advisory
& Restructuring Practise
Akshay Sanghavi
•BE, MIT
•Leading SINGHI’s initiatives in
Specialty Chemicals, Life Sciences,
Automotive and
Components,Media,Telecomm,Gree
n-Chemicals, Renewables,Real
Estate, Technology, Global PE
Narayan Shetkar
• C.A, CFA
• Ex-Head Corp Finance Advisory at
Srei Infrastructure. Served as Director-
Corp Finance at Deloitte
• Leading SINGHI’s initiatives in sectors
like Manufacturing, Healthcare,
Engineering, Infrastructure and
Financial Services
Sanjay Malhotra
• MBA
• Ex - VP SBI Capital Markets Ltd
• Leading SINGHI’s Initiative in
Private Equity Funding & M&A
Activities in North India
Sapna Seth
• B.E., MBA
• Ex- Sicom
• Leading SINGHI’s initiatives in
sectors like Power, Engineering/
Infrastructure & Business Services
OUR TRACK RECORD OF SUCCESS
Power Equipment & Electricals
Ravin Cables Ltd.
Strategic Partnership with
USD 10 bln, Prysmian
S.p.A., Italy, world’s
largest cable company for
INR 2 bln
Tritronics (india) Pvt.
Ltd.
Sale of controlling stake of
INR 1 bln Tritronics (India)
Pvt Ltd to INR 10 bln
Luminous Power
Technologies
Salzer Electronics Ltd
Placement of equity &
Strategic Advisory
services
Urja Engineers Ltd.
Sale of 100% stake in
Urja’s Transmission tower
business to Emco Ltd for
INR 720 mln
Our Relationships
Hammond Power
Solutions Inc.
Acquisition of controlling
stake by Hammond,
Canada for INR 1.2 bn in
PETE Transformers
Ormazabal, Spain
M&A Advisory & India
Entry Strategy
10
OUR TRACK RECORD OF SUCCESS
Engineering & Infrastructure
Hindustan Dorr Oliver
Ltd.
Sale of controlling stake
in Hindustan Dorr-Oliver
to INR 50 bn IVRCL
Infra. & Projects Ltd.
Sale of controlling stake in
INR 4 bn, Mather & Platt
Pumps to USD 1 bn,
German MNC, Wilo A.G.
Mather & Platt Pumps
Ltd.
Ashoka Info Pvt. Ltd.
Structured Funding of
INR 800 mln through Toll
Securitization
JNP Road Infra Projects
Pvt. Ltd.
Advisory Services for
Fund Raising & Capital
Restructuring
JNP
IVRCL Prime Urban
Developers Ltd.
Structured Funding for
INR 1.3 bln National
Games Village Project at
Hyderabad
Our Relationships
GR Infraprojects Ltd
Private Placement of
Equity of INR 800 mn
with IDFC & Motilal
Oswal
11
OUR TRACK RECORD OF SUCCESS
Business Services & Education
Institute of Clinical
Research India
Private Placement of
Equity of INR 415 mln with
Bennett Coleman & Co.
Indira Group of
Institutes
Fund Raising of INR 500
mln for Engineering-
cum-Management
College & School
Our Relationships
Zicom Group
Acquisition of Phoenix
International WLL, Fire
Security Solutions
Provider by Zicom group
Absotherm Facility
Management Pvt. Ltd.
Acquisition of controlling
stake in Absotherm by
OCS group of UK
Adecco India Etisalat (Emirates
Group Company)
India Entry strategy,
strategy formulation and
Acquisition Advisory
Strategic Merger &
Acquisition Advisory
12
OUR TRACK RECORD OF SUCCESS
Our Relationships
John Energy Ltd.
Private placement of
equity of INR 1 bln with
Sage Capital
John Energy Ltd.
Private placement of
equity of INR 500 mn
with Rare Enterprises
GEI Group
Private placement of
equity of INR 210 mn
with Banyan Tree
Growth Capital LLC
Saurashtra Power Ltd
Energy, E&P & Gas
Goyal Gases Pvt. Ltd.
Advisory services for
capital & business
restructuring & Fund
Raising
Bhoruka Power Ltd
Private Equity/Fund
Raising for waste heat
recovery based power
project of INR 4000 mn.
Fund Raising for mini &
micro Hydro projects
13
OUR TRACK RECORD OF SUCCESS
Metals
H.G.I. Industries Ltd.
Sale of Foundry Division
to INR 1.5-bn Indsur
Group.
Hindustan Udyog Ltd.
Acquisition of 100%
stake in ACC Nihon
Casting Ltd, a wholly
owned subsidiary of
ACC Ltd.
R. L. Steels Ltd.
Advisory Services for
Group Restructuring &
Fund Raising
Our Relationships
Gaji Mercantile Pvt. Ltd.
Acquisition of Bharat Wire
Ropes Limited – India’s
second largest steel wire
rope manufacturer for INR
2 bln
Tubinox
Sale of seamless Pipes &
Tubes manufacturing
facility of Tubinox to KE&P
Co., South Korea
14
Bhoruka Aluminium
Ltd.
Advisor to Bhoruka Aluminium
Ltd (BAL) for sale of India’s
second largest capacity in
Aluminium Extrusion Business
to YKK AP Inc, part of US$ 6
bln YKK Group (No.1 zipper
player in the world)
Value: USD 22 million
OUR TRACK RECORD OF SUCCESS
Port, Shipping & Mining
Uran Shipyard Pvt. Ltd.
Fund Raising and Business
Advisory Services
Essel Mining &
Industries Ltd.
M& A advisory services
for acquisition of mines
Adani Enterprise Ltd.
Acquisition of Linc
Energy’s Galilee basin
Coal Tenement in
Australia for USD 2,780
mln
Our Relationships
Wolkem India Ltd
Sale of China Clay mines
and Beneficiation facility
to English Indian Clays
Limited
Saurashtra Coke Pipavav Shipyard Ltd
Mergers & Acquisition
advisory services
Acquisition of strategic
stake in Pike River, NZ &
mining blocks in Australia
15
OUR TRACK RECORD OF SUCCESS
Automotive & Auto Components
Vybra Automet Ltd.
Financial Restructuring
& Fund raising of INR
400 mn
Sylea Automotive (I)
Ltd. (now Minda SAI
Limited)
Acquisition of Wiring
Harness Business of Sylea
(Valeo Group), by Ashok
Minda Group.
Our Relationships
Ichibaan Automobiles
Pvt. Ltd.
Funding of India’s
largest Showroom and
Service Station for
Honda Motors
Premium Transmission
Ltd
Sale of AutoGear
Business to the INR 1.5-
bln, Indsur Group
Trinity Auto
Components Ltd
Acquisition of Trinity Auto
Components (Forging
Business) by Akar Tools
Sical Logistics Ltd.
Sale of Indrad Auto to
Lucas TVS
16
OUR TRACK RECORD OF SUCCESS
Textile & Apparels
Genus Apparels Ltd.
Acquisition of apparel
business of J. C. Group by
INR 2 bn, Genus Overseas
group
Maxwell Industries Ltd.
Private Placement of
Equity of INR 450 mln
with Reliance Capital
Partners
Maral Overseas
Ltd.
Advisory Services for
Business & Financial
Restructuring
Acquisition of Brand, Retail
expansion and placement
of 15% stake with Bennett
Coleman & Co. Ltd.
Hakoba Lifestyle Ltd.
Ginza Industries
Ltd.
Project Expansion, Fund
Raising and Business
Advisory Services
Pioneer Embroideries
Ltd.
Merger of Royal
Embroideries Pvt. Ltd. &
Grant Apparels Pvt. Ltd.
with Pioneer
Embroideries Ltd.
Our Relationships
17
OUR TRACK RECORD OF SUCCESS
Financial Services
SMC Global Securities
Ltd.
JV with Sanlam Grp.
having asset under
management of USD 78
bln; in AMC and WMC
business, with an
investment of USD 50 mln
Asset Reconstruction
Company of India Ltd.
Asset & Business
Valuations, Portfolio
Valuations & Resolution
Strategies for more than
250 accounts
Our Relationships
SMC Group
Pvt. Equity Placement of
INR 1640 mln in SMC with
Millennium India Acq Co., a
US blank cheque firm listed
on AMEX
Globe Capital Market
Ltd.
Private Placement of
Equity of INR 1,640 mln
with Citigroup Venture
Capital
Navis Capital Partners
Strategic Sale of
Andromeda, India’s
largest bank loans
distributor company, to
CASA Capital
Management
SMC Group
Acquisition of Shreyas
Stocks Pvt Ltd, by
Religare Enterprises Ltd
18
OUR TRACK RECORD OF SUCCESS
IT & ITES & BPO
Acquisition of 80.5% Stake
for USD 31 mln in En
Pointe Global, USA
Blackstone Group
Technologies Pvt. Ltd.
Sale of controlling stake
in Blackstone Group
Technologies to Shriram
EPC Ltd.
Allied Digital Services
Ltd.
Allied Digital Services
Ltd.
Acquisition of 51% stake
in Digicomp Complete
Solutions Ltd. by Allied
Digital
SES Technologies
Ltd.
Acquisition of 100% stake
in SES Technologies by
South African IT major
Sahara Computers group
Andromeda Marketing
Ltd.
Private Placement of
Equity of INR 1.8 bln
with Navis Capital
Partners
Our Relationships
Datamatics Information
Technologies Ltd.
Sale of 100% stake by
Datamatics group to
CMS Computers Ltd.
19
OUR TRACK RECORD OF SUCCESS
Travel & Logistics
Our Relationships
Gordon Woodroffe
Logistics Ltd.
Sale of 100% stake to
150 years old, James
Mackintosh & Co. Pvt.
Ltd.
Total Logistics Pvt. Ltd.
Advisory Services for
Acquisition of 100% stake
in Inter Freight
(Forwarders) Pvt. Ltd.
Travel Services
International Pvt. Ltd.
Acquisition of majority
stake in INR 4.3 bln TSI,
by INR 12 bln Yatra
online
Routes Travels Ltd.
Sale of controlling stake
in Routes Travel by GE
Shipping to Air Travel
Bureau Ltd.
Speedage Express
Cargo
Saurashtra Container
Ltd.
Sale of 100% stake in
Speedage for INR 2 bn to
TNT Group
Strategic Advisory & Fund
Raising for its CFS
Business.
20
OUR TRACK RECORD OF SUCCESS
Pharmaceuticals & Healthcare
Acquisition of USA’s
leading nutritional prod.
manufacturer, Natrol Inc.
for USD 100.3 mn
Fortis Healthcare Ltd.
Acquisition of controlling
stake in Mauritius’s
largest pvt. hospital,
‘Clinique Darne’ in JV
with CIEL
Cadila Pharmaceuticals
Merger & Acquisition
Advisory
Our Relationships
Plethico
Pharmaceuticals Ltd.
Shalaks
Pharmaceuticals P Ltd.
Sale of Dermatology
Business of Shalaks
Pharmaceuticals for INR 1
bn to Singapore based
Invida Holdings Pte. Ltd.
21
Span Diagnostic Ltd.
Advisor to Span Diagnostic for
Sale of In-Vitro Diagnostics
business to USD 1 Bn
Japanese major Arkray Inc,
Value: USD 20 million
Sunways India Pvt. Ltd.
Advisor to Sunways Group
for Joint Venture with USD
2 Bn Rohto
Pharmaceuticals, one of
Japan’s largest OTC
Healthcare Company
Value : USD 17 Milllion
OUR TRACK RECORD OF SUCCESS
Food & Agriculture
Advising Ruchi Soya
Industries Ltd. for
exclusive technology
licensed agreement with
Nutrijoy Inc, US
NutriJoy Inc.
Ruchi Soya Group
Acquisition of Palm
plantation business of
Sical, a part of MA
Chidambaram group, by
Ruchi grp
Our Relationships
Shakumbari Sugar &
Allied Ind. Ltd.
Sale of 25% stake to
Crown Alba Pvt. Ltd.
Paras Diary
Capital Restructuring &
Acquisition Advisory
Services
22
OUR TRACK RECORD OF SUCCESS
Chemicals, Bulk Drugs & Agrochemicals
Punjab Chemical &
Crop Protection Ltd.
Sale of 100% stake in
I.A.I.C. Chem Pvt. Ltd. to
INR 7.5 bln, Punjab
Chemicals Group
SWAL Corporation
Ltd.
Sale of 100% stake in INR
750 mln SWAL (Shaw
Wallace Agrochem.) to
United Phosphorus Ltd.
Anupam Rasayan India
Ltd.
Capital Restructuring,
Fund Raising &
Acquisition of controlling
stake
Shogun Organics
Ltd.
Financial Restructuring &
Placement of equity
Our Relationships
PI Polymer Ltd.
Strategic, Mergers & Acquisition Advisory
International Panacea
Ltd.
Advisory Services for
Strategic Partnership with
reputed Bio Agri MNCs
23
OUR TRACK RECORD OF SUCCESS
Polymer & Packaging
Our Relationships
Shetron Ltd.
Equity Restructuring &
Structured Funding
PI Polymer Ltd.
Strategic sale of PI
Polymer, the engineering
plastics business unit of PI
Industries Ltd., to France based Rhodia SA
Plastiblends India
Limited
Mipak Group
Sale of 100% stake to
INR 2,700 mln., Hitech
Plast Ltd (part of INR
100-bln, Asian Paints
group)
Merger & Acquisition
Advisory Services
Essel Industries Ltd.
Sale of Woven Sacks
Division to INR 1.5 bln,
Ganga Bag Udyog
Group
24
Hydro S & S
Sale of controlling stake
in INR 1.7 bln Hydro S&S
to China based USD
2.5bn "Kingfa Sci & Tech"
OUR TRACK RECORD OF SUCCESS
FMCG, Consumer Product & Building Materials
Our Relationships
Todays Writing
Products Ltd.
Business Advisory and
Fund Raising Services
Maharaja Whiteline
Industries Pvt. Ltd.
Acquisition of controlling
stake by Groupe SEB
The Bombay Burmah
Trading Corporation
Advisor to Sunmica (Wadia
group) for sale of laminate
business to USD 1.1 bln
Aica Kogyo, being the
largest player in Japan
Value: USD 20 million
IGI Ltd.
Sale of IGI, Dubai’s
Writing Instrument
business to INR 2,000
mln Hamilton
Housewares (a Milton
group company)
Sale of Decorative
Laminate division to
Formica Corp part of USD
9 bln Fletcher Group
Kaycee Industries Ltd.
Acquisition of controlling
stake in Kaycee by CMS
Group
25
Well Pack Papers &
Containers Ltd
OUR TRACK RECORD OF SUCCESS
Media & Entertainment
Cinerad
Communications Ltd.
Communicate 2
Advisory Services for a
possible sale to a
strategic partner
Nimbus
Communications Ltd.
Debt Funding for
Financing the BCCI
contract of USD 612 mln
Pan India Network
Infravest Pvt. Ltd.
Fund Raising for Floating
Casino by an Essel
Group subsidiary
New Video Private Ltd.
Sale of 100% stake in
New Video to INR 10 bln,
CMS Computers Ltd.
Sale of controlling stake &
management control.
Our Relationships
Mid-Day Multimedia
Ltd.
Acquisition of Mid-Day
Multimedia’s publication
business by Jagran Group
for INR 2,000 mln
26
OUR OFFICES
NEW DELHI
37, Gulmohar Marg
DLF Phase-II,
Gurgaon -122002
Tel: +91 124-4109888, 4203888
Fax No.: +91 124-4385888
Email: [email protected] Co
rpo
rate
Off
ice
MUMBAI
1307, Crescenzo,
Opp MCA Club,
Bandra - Kurla Complex,
Mumbai-400051
Tel: +91 22 6149 6666
Fax: +91 22 6149 6677
Email: [email protected]
Website: www.singhi.com B
ran
ch
Off
ices
BANGALORE
#47, C- Block ,
Fourth Floor,
Diamond District
Bangalore – 560 038
Tel: +91 80 3290 8814
Fax: +91 80 4161 2009
Email: [email protected]
AUSTRALIA
101 Princess Street, Kew,
Victoria 3101,
Australia
Tel: +61-3-98550075
Email: [email protected]
This note has been prepared by Singhi Advisors Private Limited (SINGHI) and is considered to be
proprietary strictly confidential. It contains information intended only for the person to whom it is
transmitted. With receipt of this investment note, the recipient acknowledges and agrees that:
In the event the recipient does not wish to pursue this matter; this document will be destroyed, or
returned to the address listed below, as soon as possible; The recipient will not copy, fax,
reproduce, divulge, or distribute this confidential proposal, in whole or in part, without the
expressed written consent of SINGHI; All of the information herein will be treated as confidential
material with no less care than that afforded to your own company confidential material. This
document does not constitute an offer to sell, or a solicitation of an offer to purchase.
Confidential Information
The information contained in this document is for background purpose only, has not been verified
and is subject to amendment, revision and updating. No representation or warranty, express or
implied, is made as to the fairness accuracy or completeness of the information contained in this
document and no reliance should be placed upon it. In particular, this document does not
constitute or form part of an offer to sell or an invitation to purchase or subscribe for shares or
other securities. It should be clearly understood that this document does not purport to contain all
the information which may be required to appraise the project and that recipients are responsible
for making their own decisions as to the completeness, fairness and accuracy of any information
or opinion provided.
Disclaimer
27
