Key transactions
₹7,500 Cr+ advised and delivered across 8 sectors, pan-India. A selection rather than a complete list, described generically where confidentiality applies.
₹1,805 Cr
Structured Credit
₹5,100 Cr
Special Situations
₹605 Cr
Debt & Capital Advisory
₹68 Cr
Strategic Transactions
All mandates
Special Situations
Integrated steel and power producer
₹2,550 Cr
Special situations financing
Structured against operating assets in a contested creditor environment, with security and enforcement rights defined before terms were issued.
Steel & metals
Special Situations
Healthcare and financial services holding company
₹1,900 Cr
Special situations financing
Holding-company facility structured against pledged operating subsidiaries, sized to a defined promoter resolution.
Financial services
Structured Credit
Listed non-banking financial company
₹500 Cr
Non-convertible debenture issue
Primary issue placed privately with pension funds and long-only institutional investors.
Financial services
Structured Credit
Listed infrastructure group
₹350 Cr
Holding company funding
Holdco facility against pledged listed securities, structured around a defined deleveraging path.
Infrastructure
Structured Credit
Listed non-banking financial company
₹300 Cr
Non-convertible debenture issue
Repeat primary issue for the same borrower, placed into a tightening rate environment.
Financial services
Structured Credit
Housing finance company
₹275 Cr
Non-convertible debentures
Debenture placement against a granular retail mortgage pool.
Financial services
Special Situations
Listed telecom infrastructure company
₹270 Cr
Corporate debt restructuring
Multi-lender restructuring negotiated across a consortium with divergent security positions.
Telecom
Structured Credit
Listed non-banking financial company
₹265 Cr
Non-convertible debenture issue
Third consecutive primary issue for the same borrower.
Financial services
Special Situations
Foreign bank, India book
₹180 Cr
Stressed asset downselling
Assisted exit from a non-convertible debenture exposure through a structured downsell of the stressed position.
Financial services
Debt & Capital Advisory
Private medical college
₹165 Cr
Restructuring advisory
Debt reorganised around fee-cycle cash flows and campus security, restoring the institution's ability to operate.
Healthcare & education
Debt & Capital Advisory
Small finance bank
₹160 Cr
Short-term debt syndication
Short-dated facility syndicated to institutional lenders across two consecutive raises.
Financial services
Debt & Capital Advisory
Integrated steel producer
₹150 Cr
Working capital facilities
Two facilities renewed with a public sector lender against receivables and finished-goods inventory.
Steel & metals
Structured Credit
Integrated steel producer
₹100 Cr
Private placement
Placement into a capital programme, structured against project assets under construction.
Steel & metals
Special Situations
Residential real estate developer
₹100 Cr
Post-settlement funding
Capital deployed through an alternative investment fund immediately after a one-time settlement with the incumbent lender, releasing the project to complete.
Real estate
Special Situations
Real estate and construction group
₹100 Cr
Special situations funding
Two tranches into a ring-fenced project SPV ahead of a scheduled lender exit, with trapping events drawn to protect project working capital.
Real estate
Debt & Capital Advisory
Branded apparel retailer
₹80 Cr
Debt funding
Facility structured around inventory and a franchised store network with seasonal working capital swings.
Retail
Debt & Capital Advisory
Consumer electronics manufacturer
₹50 Cr
Limit reinstatement advisory
Advisory on reinstatement of a working capital limit with the incumbent lender, with the case rebuilt around the operating cycle and the current security position.
Consumer electronics
Strategic Transactions
Australian financial services group
₹43 Cr
Acquisition advisory
Buy-side advisory on the acquisition of an Indian non-banking financial company, including diligence and regulatory pathway.
Financial services
Strategic Transactions
Listed steel products manufacturer
₹25 Cr
Equity placement
Primary equity placed with institutional investors to fund a capacity expansion.
Steel & metals
Structured Credit
Private professional education institution
₹15 Cr
Term loan and capex financing
Term facility arranged against campus assets, taking the borrower out of a stressed position and funding completion of the build.
Healthcare & education
Transactions are described generically where confidentiality obligations apply. Values in Indian rupees; US dollar mandates converted at ₹85 to the dollar. Credentials available to qualified counterparties under NDA.
Sector coverage
- Financial services₹3,623 Cr
- Steel & metals₹2,825 Cr
- Infrastructure₹350 Cr
- Telecom₹270 Cr
- Real estate₹200 Cr
- Healthcare & education₹180 Cr
- Retail₹80 Cr
- Consumer electronics₹50 Cr
Discuss a mandate
Send the position, the existing debt schedule and the timeline. We come back with a view on whether it is structurable and what it would take.
Offices
Gurugram
Ground Floor, 76D Udyog ViharPhase 4, Sector 18Gurugram 122001Noida
19th Floor, Berger OneSector 16BNoidaMumbai
C-20, G Block RoadBandra Kurla Complex, Bandra EastMumbai 400051Singapore
101 Cecil Street, #23-05Tong Eng BuildingSingapore 069533