ALMONDZ GLOBAL SECURITIES LIMITED

Transcription

1 A.. to..z of Indian Investments ALMONDZ GLOBAL SECURITIES LIMITED

2 Almondz A.. to.. Z of Indian Investments Almondz is an India-based, pedigreed, research-centric investment banking group engaged in diverse fields of Indian Capital Markets for last 15-years. We operate in all the key market segments of Debt, Equity, Money Markets, Commodities and Forex. Established in 1994 as Allianz Securities Limited, Almondz has been listed on Bombay Stock Exchange since 1995 and National Stock Exchange since The present promoters (erstwhile employees of the firm) assumed ownership in 2002 during the consolidation phase of the firm. The name was changed to Almondz after mutual settlement with the Allianz group. We interact on the ground with some of the most exciting emerging corporates in India in the mid-cap space. Our client base includes Financial Institutions (domestic and foreign), Large Corporates, SMEs and retail customers. Our expert talent pool allows us to execute end-to-end investment banking transactions, providing contemporary expertise in structuring both debt and equity instruments that fulfills financial requirements of these customers. Today, we operate in key capital market verticals like, Corporate Finance, Investment Banking, Advisory, Institutional Equity Broking, Commodities, Insurance and Reinsurance Broking, Financial Products Distribution, Portfolio Management Services, Offshore Hedge Fund and Private Equity.

3 Business Portfolio Corporate Finance Debt Origination and Syndication Infrastructure Advisory M&A & Corporate Advisory Merchant Banking Institutional Equities Equity Research Wealth Management Debt Equity PMS/ Offshore Fund Private Equity NBFC Retail Equities & Commodities Broking Distribution Insurance and Reinsurance Broking

4 Debt Origination and Syndication Syndication We syndicate debt/credit lines from financial institutions and banks for our corporate relationships Our Loan syndication vertical has a strong focus on advisory along with syndication services Ranked #5 on Bloomberg Underwriter rankings in India in 2009 Relationship with more than 50% of the PF Trusts (more than 500 in nos.) Origination We run mandates for raising capital through Debt instruments for our corporate clients Leadership Position Ranked in the Top 5 in INR denominated PSU and SLU bonds from last 5 years Our transaction experience covers the entire spectrum viz. Public Issues, Private Placements, Structured Products, Loan Assignments Key Engagements Joint Lead Arranger for INR17.5bn of debt raised by Brahmaputra Crackers and Polymers Limited (JV between GAIL, OIL India Ltd, NRL ltd, and Government of Assam) Financial Advisors and sole arrangers for INR3.5bn of debt raised by Golden Jubilee Hotels Financial Advisors and sole arrangers for INR25.0bn of debt raised by Gujarat Electricity and Transmission Corporation (GETCO) Financial Advisors and sole arrangers for ongoing plan to raise debt of INR25.0bn by Bhavnagar Energy Company Ltd. (500 MW Lignite TPS) India Infrastructure Finance Corporation Rs 100bn tax free bonds Power Finance Corporation INR120.0bn Power Grid Corporation of India INR37.0bn Rural Electrification Corporation INR17.6bn Punjab infrastructure Development Board INR10.0bn (Taxable and 25 years DDBs) Indian Oil Corporation INR20.0bn Infrastructure Advisory Infrastructure to remain a core focus for investments (both Public as well as Private) over the next decade. The scale of opportunity demands specialist skill sets We specialise in offering Bid Process Management, PPP Structuring, Project Funding and Transaction Advisory services targeted towards the Infrastructure sector Backed by experienced team with domain depth Expertise in execution of Transaction Advisory mandates with special focus on the road sector We are member of RITES Team as Financial Experts for Project Monitoring Assessments Our know-how extends to Power, Urban Infrastructure & Transportation Actively seeking recognition to work with global bilateral agencies like Asian Development Bank (ADB), World Bank Potent segment providing cross leverage with other group expertise in Debt Syndication, Debt and Equity Origination and PE Advisory Increasing the spread of accreditations from Central and State Infrastructure Authorities to participate in a wider pool of opportunities Key Engagements National Highways Authority of India (NHAI): Financial & Legal Advisory Services for various BOT (Toll) & BOT (Annuity) projects undertaken:- Hyderabad Vijayawada Section (TPC: INR17.4bn) Eastern-Peripheral-Expressway (TPC: INR27.2bn) Yamuna Expressway (formerly Taj Expressway) Amritsar Wagah Border Section of NH-1 Government of National Capital Territory of Delhi: Incorporation of SPV & preparing financial structure of the first High Capacity Bus System (HCBS) Project Maharashtra State Road Development Corporation Ltd: Pune City integrated road development project Jawaharlal Nehru National Urban Renewal Mission (JNNURM) Project: Agra City Developmental Plan U.P. State Industrial Development Corporation Project: Setting up of SEZ in Agra

5 Merchant Banking We manage Equity offerings to the public, delisting, takeovers, and advisory Our Merchant Banking team has finance professionals and para-legal staff to take care of all aspects of Merchant Banking We are presently catering to the small and medium corporates owing to a lack of institutional reach and brand presence in this activity Key Engagements Institutional Equities Centre of gravity for corporate and client connectivity Institutional flows critical for market sentiments and price discovery Our pole position in Debt Markets Intermediation and advisory space, offers readymade platform for this division to target hyper growth We are empanelled with leading market participants in each segment like Banks, DFIs, MFs, Insurance Companies and FIIs (total empanelments 60+) In-house customized CRM to enable focused servicing across all client groups PTC Financial Services IPO INR 7.5 bn ITDC Limited Advisory assignment Texmo Pipes and Products Ltd. Issue Size INR450.0mn Uniproducts (India) Ltd Delisting Offer completed Successfully managed the IPO of Astec Lifesciences Ltd - INR615.0mn (October 2009) Research Dedicated pool of talented and resourceful Analysts (average experience of 8 years) Balanced mix of youth and experience Active coverage on stocks/sectors that account for more than 50% of total market capitalization and growing Idea generation pool derived from constant interaction with all participants and industry stakeholders (like channel checks with vendors, customers, competitors, regulatory agencies, etc.) M&A and Corporate Advisory Focused on origination of deals that can interest PE participants We assist corporates in accessing private equity and have an experienced professional pool in Delhi and Mumbai Currently working on transactions across sectors such as IT, Food Processing, Merchandising, Retail, Health Care, Infrastructure, Education, Engineering and Real Estate Key Engagements Gabbro Limited (Affiliate of Shinsei Bank Limited) Acquisition of 8.53% stake in SICOM JC Flowers & Co. LLC Acquisition of 36.58% stake in SICOM Koutons Retail India Pvt. Ltd. Dilution of 5% stake R G Stone Urological Research Institute stake sale

6 Wealth Management Debt Portfolio Management We manage a proprietary portfolio of debt which provides synergy to our Debt origination and placement division 7+ years of experience in trading Fixed Income Securities (Corporate bonds, G-Secs, PSU Bonds and Bank Bonds) across varying interest rate cycle with consistent profitability Incisive reach across major client segments Provident Funds, Insurance Co., Mutual Funds, Corporate and Bank Treasuries etc. Expertise in Fixed Income Advisory for the PF segment Trading & Funding tie-up with major Banks and Financial institutions. Strong risk management emphasis, based on Board approved duration limits restricting risks Private Equity Equity (PMS and Offshore Funds) PMS Core offerings - Equity PMS and International Offshore Fund Managed and driven by an industry veteran (Ex-CIO of leading Indian MF) Operating on core principles of clarity, fairness, transparency, customization and service Three options based on investment risk appetite and time horizon Medium term Plan, Trading Plan and Small cap Plan Offshore Fund Management Initiative Focus on Medium term investment horizon Awaiting completion of legal formalities Targeted at clients viz., institutions, family offices, sovereign funds, high net worth individuals of foreign origin (as permitted by Indian laws) Higher level of risk Concentration in Capital goods companies Part of the money is going into infrastructure companies that will complete capex in the next 2-3 years but are trading below the intrinsic value 3 years hence Bias of the portfolio to be long on companies with scalable businesses and capable managements Private equity investments space in India estimated at garner $10bn+ investments in 2010 PE initiative is headed by ex- Global Partner Battery Investments.. with more than 14 years PE experience (including JP Morgan Chase) Team has more than 40 years of combined experience in Investing and Operating M&A activities Focus on emerging / growth companies backed by exceptional management - servicing the large addressable markets Target investment size of USD10-30mn for 30% - 90% ownership stake Target IRRs of 25-40% over 5-7 years Preferred sectors Healthcare, Financials services, Education, Logistics and Retail Almondz PE would invest directly and invite coinvestors at 2% management fee and 20% carried interest Leverage on our strong local network of entrepreneurs, business families and corporate houses to drive this initiative further

7 NBFC Almondz NBFC (Non Banking Finance Company) is mainly focused on lending to the high growth space of infrastructure and allied sectors To back-end our proven corporate connect, debt syndication and advisory framework with a captive fund-based engine A regulatory arbitrage to build a judicious business structure that delivers high volumes within compliance framework from regulator Given its synergies with the incumbent business architecture, this initiative would be among the most sizeable one in the future evolution of our group Retail Retail is an important peg in Almondz s strategy to stay connected with last mile of Indian investor Distribution One of the largest Indian distributors of third party financial products One-stop shop for a range of products like IPOs, FPOs, Corporate Debt, Mutual Funds and Insurance products. Presence at 19 locations across India Pan-Indian distribution infrastructure comprising 100 channel partners and agent network of 3,500 Providing complete financial services solutions to our clients Commodities In commodity broking, we service a large segment of retail customers Advise reputed corporates to manage their exposure/transactions in commodities such as Steel, Copper, Zinc, Nickel and Aluminum Networked with market participants in agricommodities like Soya, Turmeric, Pepper, Chilli, etc. to counsel and manage their exposures Expanding domains across wider clients and commodities Insurance & Re-Insurance Broking A synergistic business line with debt market and NBFC clients Leverages on our group strengths to assess, advise, manage large-medium ticket insurance requirements of corporates/ institutions Services include risk management, insurance broking, claims management and alternate solutions including Re-insurance

8 Management and Human Resources Almondz is owned and managed by professionals and conducts its business in strict adherence to business processes that ensure superior and consistent service quality across all business lines. The company has a team of 600+ professionals and support staff. The organization is ably supported by infrastructure that is best in class in terms of operations, support, sales analytics and systems. The group operates with SBU concept with each division earning its own future, headed by among the best of the professionals. The key management has spent more than 10 years and is beneficiary of a transparent ESOP scheme. This provides the firm a solid foundation to build its future growth model. The company s Board of Directors includes: Atul Kumar Shukla (Chairman) Former Chairman, Life Insurance Corporation of India Surendra Kumar Sood, IAS (Retd.), Non Executive & Independent Director Former Chairman, HP State Electricity Board K.L. Khetrapal, Non Executive & Independent Director Former Executive Director, Reserve Bank of India S.R. Bansal, Non Executive & Independent Director Lawyer, Member of Institute of Internal Auditors, USA Qais M. Al-Yousef, Non-Executive Director CEO, Al-Yosef Group LLC, Muscat Krishna Kumar Gupta, Non-Executive Director CEO, Al Anwar Holdings SAOG, Oman Jagdeep Singh, Whole time Director Head - Retail Division Vinay Mehta (Managing Director and CEO) Former Executive Vice President, Centurion Bank of Punjab Navjeet S. Sobti (Executive Director and Vice Chairman) Head - Corporate Finance Division Visit us at : / Registered Office : DELHI 3 Scindia House, 2nd Floor, Janpath, New Delhi , India Tel: Fax: info@almondz.com Corporate Office : MUMBAI 33, Vaswani Mansion, 6th Floor, Dinsha Vachha Road, Opposite K. C. College, Churchgate, Mumbai , Maharashtra, India Tel: Fax: mumbai@almondz.com