Sagevisor Capital advises on INR 1,000 mn Long Term Growth Capital to one of the fastest growing Listed EPC contractors in the Real Estate Space in India.
Sagevisor Capital acted as Sole and Exclusive Advisor to a leading Construction Company in the buildings space in India with an order book of more than INR 10k Crores.
Few highlights:
- Sagevisor took up the mandate at a tricky time where the Order book of the company was increasing but the company wasn’t able to aggressively bid for new orders due to lack of Working Capital Tie ups. Considering the positive sector developments in the RE Space, this was a missed opportunity for the company to bid for High Margin projects.
- Rating of the company being non investment grade at that point of time also made incremental sanctions from Scheduled commercial banks difficult.
- We took up the responsibility of Re – Positioning the company to private investors as one of the leading ORGANISED EPC Companies in the RE Space. Easily Top 3 in the Western Markets of India thereby emphasizing on the Value to be created in the company in times to come.
- Sagevisor thereby facilitated a very timely and critical Growth Capital to the company from one of the leading Private Fund which has enabled the company to ease out its working capital cash flow mismatches as well as keep a war chest for bidding for high margin projects as and when they come up.
- True to our conviction on the company’s abilities to perform, post the financing the stock of the company rallied by more than 60% touching all time highs within a short period of 6 months thereby creating immense value to the Group as well.