Transcript ashika capital limited

ASHIKA CAPITAL LIMITED
AUGUST 2010
About Ashika Group
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Ashika is one of the leading players in the Financial Services Sector in
India. It is a privately held unlisted company.
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The Group has business interests in various segments of the capital
market including:
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Stock Broking
Merchant Banking
Depository Services (Equities & Commodities)
Investment Advisory Services
Mutual Fund Marketing
Portfolio Management Services
Online Trading
Commodities & Derivatives
Ashika Group has extensive network spread over 70 locations,
represented by approximately 400 Offices, Branches and Business
Associates, giving us a nationwide presence, which facilitates marketing of
any Public Issue.
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Our Promoters
Mr. Pawan Jain
Mr. Pawan Jain, FCA is the Chairman & Managing Director of our Company. He is also
on the Board of all our Group Companies. He has vast experience in various segments of
Financial Markets, including Capital Markets, Commodities Market & Financial Advisory
services etc.
Professional achievements:
 Fellow Member of the Institute of Chartered Accountants of India
 Member of Merchant Chamber of Commerce
 Member of Bharat Chamber of Commerce
 Member of Indian Chamber of Commerce
 Member of Direct Tax Professionals Association
 Member of Association of Corporate Advisors & Executives
Contd…
Mr. Daulat Jain
Mr. Daulat Jain, FCA, is on Board of our various Group Companies. He has got
expertise in the field of Corporate Finance (Inter Corporate Deposits, Short Term
Financing, Bill Discounting, Loan Syndication, Arranging Working Capital Finance),
Investments (Securities Trading & Bought Out Deals), Taxation, Audit and Corporate
Laws.
Professional Achievements:
 Fellow Member of the Institute of Chartered Accountants of India
 Member of Direct Tax Professionals Association
 Member of Association of Corporate Advisors & Executives
Ashika Group Companies
Ashika Credit Capital Ltd.
Ashika Global Securities Ltd.
Ashika Stock Broking Ltd.
Ashika Capital Ltd.
Ashika Insurance Broking & Risk Management Pvt. Ltd.
Ashika Venture Capital Pvt. Ltd.
Ashika Commodities & Derivatives Pvt .Ltd.
Ashika Global Finance Pvt. Ltd.
Ashika Hedge Fund Pvt. Ltd.
Ashika Share Trading Pvt. Ltd.
Ashika Technology Pvt. Ltd.
Ashika Wealth Management Pvt. Ltd.
Ashika Properties Pvt. Ltd.
Ashika Forex Services Pvt. Ltd.
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About Ashika Capital Limited
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ASHIKA CAPITAL LIMITED (ACL), a SEBI Registered Merchant Banker and Underwriter, is a
progressive forward looking Company managed by a team of professionals under the
supervision of able and dynamic Board of Directors.
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ACL offers full range of financial services like:
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Issue Management
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Open Offers
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Placement of the Equity Shares
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Corporate Restructuring
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Mergers & Acquisitions, Takeovers
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Advisory Services
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Debt Syndication
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Buyback/Delisting of Shares
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Project Appraisal, etc.
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Our professionals offer the comprehensive range of services from conception to completion
under one roof reinforces our commitment on quality assurances through total involvement. By
applying our knowledge capital and by remaining intensely client-focused, we create innovative,
client specific solutions.
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Our Team
Our Merchant Banking Division is headed by Mr. Rajendra Kanoongo. He is a Chartered
Accountant by profession. He has an extensive knowledge and experience in areas of Public
Issue Management, Takeovers, International Offerings, Private Placements, Debt Syndication,
QIB Placements, Corporate Finance and other Corporate Restructuring and Advisory Services.
Our Team:
Mr. Niraj Kothari (Asst. Vice President)
Ms. Nimisha Joshi (Asst. Vice President)
Mr. Narendra Gamini (Asst. Vice President)
Ms. Purnima Singh (Company Secretary and Compliance Officer)
Mr. Manish Gaur (Manager)
Mr. Ankit Joshi (Manager)
Mr. Pranav Nagar (Manager)
Mr. Rohit Bhansali (Manager)
Mr. Shriyash Kela (Manager)
Mr. Nikhil Lohia (Assistant Manager)
Mr. Claus P. Chakravarthy (Assistant Manager)
Ms. Nupur Jain (Executive)
Ms. Anshu Jain (Executive)
Ms. Nidhi Shah (Executive)
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Company’s Life Cycle
Fund Requirement at Various Stages
Capital Raising
Restructuring &
Recapitalization
Structured Finance, Mergers,
Acquisitions, Takeovers
Maturity
Incremental ROCE
Stability
Growth
Startup
Time
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Latest Issues Handled (IPO/FPO/GDR) (2008 – 2010)
Rs in Millions
S. No
Name of the Company
Type
Issue Size
1
Shree Ganesh Jewellery House Limited
IPO
3850.00
2
Rainbow Papers Limited
GDR
1270.00
3
Birla Shloka Edutech Ltd.
FPO
347.75
4
Edserv Softsystems Ltd.
IPO
238.43
5
Rishabhdev Technocables Limited
FPO
297.00
6
Tirupati Inks Ltd.
FPO
515.00
7
Bedmutha Industries Limited
IPO
920.00
8
*Sumatex Ltd.
IPO
382.40
9
**VMS Industries Limited
IPO
240.00
10
**Vaswani Industries Limited
IPO
450.00
11
**Raja Forgings & Gears Limited
IPO
500.00
12
**Ruchi Power & Steel Limited
IPO
3500.00
13
**Gajra Differential Gears Limited
IPO
350.00
14
**Sudar Garments Limited
IPO
600.00
15
**Apollo Computer Education Limited
IPO
420.00
*Already filed with SEBI, Final Observation Awaited
** Issue under Process
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IPOs during 2008 - 2009
No of Issues in 2008 - 2009
No. of IPOs
25
21
20
15
IPOs
10
5
5
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Overall IPOs
Ashika IPOs
Out of 21 IPOs which have hit the market during the year 2008 – 2009, 5 IPOs
(25% of total IPOs) were managed by Ashika Capital Limited
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List of Assignments handled by Ashika
PUBLIC ISSUES (2008 and prior)
Rs in Millions
S. No
Name of the Company
Issue Size
1
Lawreshwar Polymers Ltd.
139.40
2
Refex Refrigerants Limited
247.00
3
Bafna Pharmaceuticals Limited
256.00
4
Somi Conveyor Beltings Limited
217.97
5
Resurgere Mines & Minerals India Ltd
6
Chemcel Biotech Limited
1201.50
246.40
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RIGHTS ISSUES
Sr. No
Name of the Company
Issue Size (Rs. In Lacs)
1
Kanco Enterprises Ltd.
77.15
2
Vama Industries Ltd.
46.92
3
R S Software (India) Ltd.
4
Entegra Limited
159.83
1275.00
Contd…
OPEN OFFERS
Sr. No
Target Company
Year of Issue
Issue Size
(Rs. in Millions)
1
7Seas Technologies Limited
2006
2.60
2
Secunderabad Health Care Limited
2006
3.20
3
Weizmann Fincorp Ltd
2006
4.93
4
Exdon Trading Company Limited
2006
2.01
5
Saarc Net Limited
2006
12.17
6
Blue Circle Services Ltd
2006
1.98
7
Sonapal Cement and Infrastructure
2006
0.98
8
Tej Infoways Limited
2006
7.78
9
Bombay Polymers Limited
2006
3.15
10
GG Automotive Gears Limited
2006
14.72
11
Media One Global Entertainment Limited
2007
5.17
12
Vision Corporation Ltd.
2007
9.38
13
Multiplus Holdings Limited
2007
0.48
14
Benzo Petro International Ltd
2007
5.54
15
Bliss GVS Pharma
2007
79.46
16
Neemtek Organics Products Limited
2007
3.67
24
Contd…
17
K.B. Steel Limited
2007
1.34
18
Industrial Investment Trust Limited
2007
222.00
19
Frontier Leasing and Finance Limited
2007
1.23
20
Splash Media Works Limited
2007
29.92
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Systematix Corporate Services Limited
2007
124.38
22
Poddar Infrastructure Limited
2007
4.80
23
Sellaids Publication (India) Limited
2007
2.20
24
Rohit Pulp and Paper Mills Limited
2008
26.58
25
Avon Organics Limited
2008
90.00
26
Neha International Limited
2008
157.08
27
Passari Cellulose Limited
2008
4.32
28
Brilliant Securities Limited
2008
111.34
29
Manoj Housing Finance Company Limited
2008
13.99
30
Channel Guide India Limited
2008
36.6
31
Hansu Controls Limited
2008
14.05
32
Silicon Leasing & Investment Limited
2008
3.80
33
Jaisal Securities Limited
2008
86.8
34
Pushkar Banijiya Ltd.
2008
83.65
35
Century 21st Portfolio Limited.
2009
5.48
36
Hasti Finance Ltd.
2009
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Contd…
DELISTING
Name of the Company
Associated Hotels Limited.
ESOPs
Sr. No.
Name of the Company
1.
Emco Limited
2.
Vignani Technologies Pvt. Ltd
3.
Phonelinx Communications Pvt. Ltd.
4.
Invicta Mediteck Ltd.
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Contd…
ADVISIOR TO THE ISSUE
Sr.No
Name of the Clients
1
Ankit Prachi Trading & Investment Ltd.
2
Arihant Housing Finance Ltd.
3
Bacchhat Investment & Finance Ltd.
4
Bhaskar Sharachi Alloys Ltd.
5
Blue Chip India Ltd.
6
Blue Print Securities Ltd.
7
BSR Finance & Construction Ltd.
8
CAT Financial Services Ltd.
9
Chitrakoot Holdings Ltd.
10
Classic Growers Ltd.
11
Classic Housing Finance Ltd.
12
Consortium Vyapaar Ltd.
13
Dynamic Archistruction Ltd.
14
Ekdant Capital Markets Ltd.
15
Emkay Consultants Ltd.
16
Esskay Telecom Ltd.
27
Contd…
ADVISIOR TO THE ISSUE (Contd…)
17
Exim Finance Ltd.
18
Ganodaya Finlease Ltd.
19
Globe Stock & Securities Ltd.
20
Goenka Business & Finance Ltd.
21
Gyan Traders Ltd.
22
International Power Finance Ltd.
23
J. A. Finance Ltd.
24
Jayshree Nirman Ltd.
25
JMB Commercial & Credit Ltd.
26
JRD Finance Ltd.
27
Kwality Builders & Developers Ltd.
28
Marda Commercial & Credit Ltd.
29
Marudhar Food & Credit Ltd.
30
Mercury Fund Management Co. Ltd.
31
Multiplus Resources Ltd.
32
Neha Resources Ltd.
33
NRI Investments Ltd.
28
Contd…
ADVISIOR TO THE ISSUE (Contd…)
34
Octal Credit Capital Limited
35
Offshore Finvest Ltd.
36
Om Development Ltd.
37
Om Udyog Ltd.
38
Panchwati Holiday Resorts
39
Parbati Holdings Ltd.
40
Pioneer Farms Ltd.
41
Premier Cryogenices Ltd.
42
Prompt Corporate Services Ltd.
43
Radiant Rotogravure Ltd.
44
RGF Capital Markets Ltd.
45
Sagar International Ltd.
46
Saumya Consultants Ltd.
47
Scintilla Commercial & Credit Ltd.
48
Shree Neelachal Lab. Ltd.
49
SPT Securities Ltd.
29
Contd…
ADVISOR TO THE ISSUE (Contd…)
50
Step Two Finance Ltd.
51
Vindus Holdings Ltd.
52
Winy Commercial & Fiscal Serv. Ltd.
53
Zen Yarns Ltd.
54
Simplex Projects Limited
55
Indian Overseas Bank
30
Valuation Reports / Fair Valuation Report
Sr. No.
Name of the Company
1.
Secunderabad Health Care Limited
2.
Bala Techno Global Ltd
3.
S.S. Forgings and Engineering Limited
4.
Teesta Agro Industries Ltd
5.
Baker Technology Limited
6.
The First Custodian Fund India Ltd.
7.
Compuage Infocom Limited
8
Synergy Log-In Systems Ltd.
9
Sunteck Realty Ltd.
10
TRF Limited
Private Placements of Equity Shares
Sr. No.
Name of the Company
1
Subhash Projects & Marketing Limited
2
Marsons Ltd.
3
Gujarat Composite Ltd.
4
RDL Infotech Ltd.
5
Access Global Ltd.
6
Kumi Agro Industries Ltd.
7
Oasis Cinecomunications Ltd.
8
Saumya Consultants Limited
9
Gautam Resources Ltd.
10
Eskay Telecom Ltd.
11
Global Capital Markets Limited
12
Pushkar Banijya Limited
13
Shree Ganesh Iron Industries Limited
14
Aurangabad Cryogenics Limited
15
Parmeshwar (India) Limited
16
Pioneer Embroideries Limited
17
Genus Power Infrastructure Ltd
18
Sanghi Spinners India Limited
19
Refex Refrigerants Limited
20
Birla Power Solutions Limited
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