Singhi Advisors

We are delighted to share some exciting news.... Singhi Advisors expands its presence in Gujarat with the opening of its Ahmedabad office and the induction of Mr. Harnish Gajjar as a new Partner based in Ahmedabad.   Mr. Gajjar brings extensive expertise of 20 years in Corporate Strategy, Fund Management, Multi-Family Office & Investment Management with esteemed corporations both in India & abroad and will support Singhi Advisors to strengthen its base across the Gujarat region and beyond while leading & driving our initiatives to establish an AIF/Multifamily Fund Management Company. Mr. Gajjar is an accomplished alumnus of London Business School, University of East London, University of Mumbai, and a Fellow of the Chartered Management Institute. Harnish has worked at leadership roles with Tomi Capital, TPT Global Tech, Castle Media, Barclays and so on in an entrepreneurial journey, working in Mumbai, London, Toronto, San Diego & Switzerland.

https://lnkd.in/d5qJpZDi Singhi Advisors exclusively advised Conmat Heavy Industries Group in acquiring 100% stake in the Indo-Japanese JV KYB-Conmat, 3rd largest player in Concrete Equipment business in India. Conmat, promoted by first generation Technopreneur Mr. Premraj Keshyep, Vice Chairman-CII (Gujarat), acquires complete control in INR 3.3 billion KYB Conmat Private Limited, from its Japanese JV partner- "USD 2.9 billion KYB Corporation," in a unique transaction, wherein an Indian company has bought back controlling stake from a Japanese major partner. KYB Conmat Private Limited is a major player in India and one of the top 3 manufacturers of Concrete Construction Equipment like Batching Plants, Paving Machines, Transit Mixers, Concrete Pumps and Self-Loading Mixers etc., competing against home grown, Kedara Capital backed Ajax Engineering (which just went public), Chinese owned Schwing Stetter & Sany Heavy Industries. The Joint Venture was formed in 2013 when KYB acquired 51% stake in fast growing and consistently profitable "Conmat Systems Private Limited" and was operated as a JV company for over a decade to produce transit mixers using KYB technology and other Products which were Indigenously developed by Conmat. The Company increased its revenue by 6 folds during this period. The Concrete Construction Equipment Market in India is expected to grow from current INR 88 billion to approximately INR 230 billion by 2029 @ CAGR of ~21%. With its comprehensive range of Concrete Equipment and Services across the concrete value chain, the Company is fully geared up to capture this growth & triple its revenue to over INR 10 billion in the next two years. With a strong workforce of 450 highly qualified professionals and its extensive Network of over 200 Sales & Service Engineers, 10 Domestic and 4 International Dealers, the Company is supplying its Products pan India and to over 25 Countries across the Globe. Congratulations to Sapna Seth, Partner, for her direction leading the deal, and Virati Shah & team instrumental in execution. Japan’s KYB Corp exits its 51% stake in JV with Conmat Group https://lnkd.in/duPV6wsJ

https://lnkd.in/dv_iFqBb In yet another platform acquisition by global buyout funds Singhi Advisors advises Umesh Munjal owned Highway Industries Limited on majority stake acquisition by The Carlyle Group to create a diversified Global Auto Components Platform along with Roop Automotives Limited. Highway is one of India’s fastest growing, high margin, export driven manufacturer of mission critical powertrain sub-systems and components for global automotive customers across North America, Europe, and Asia. Started in 1971 by Munjal family, it is one of the leading players in the industry, employing over 3000 people, steered successfully by Umesh Munjal and his two sons Amol & Ankur Munjal. Highway’s ability to manufacture a diverse range of products has gained them an impressive customer base across global auto-component companies supplying to major OEMs. This is Singhi Advisor's 19th deal in Auto components in last 5 years and 2nd platform deal with buyout funds. Congratulations to Sapna Seth, Partner, for her direction leading the deal, and Harsh Roliya & team instrumental in execution. https://lnkd.in/dJpg9GdU

We are delighted to announce that Atal Agarwal is joining as a Partner with Singhi Advisors.   Atal is an accomplished professional with an illustrious career of over 30 years spanning Investment Banking, Corporate Banking, Financial Institutions, Credit Rating & Fintech sector. He has a robust experience of leading multiple transactions in Equity and Debt Capital Markets, Loan Products, Structured Finance, Advisory, Govt Disinvestments, Wholesale Banking etc for reputed clients across Indian Corporates (Public sector & Private sector), MNCs, Financial Institutions and Banks. He has held senior-level leadership positions at several marquee institutions i.e. Kotak Mahindra, DSP Merrill Lynch, Jardine Fleming, Barclays, Citibank, Royal Bank of Scotland, Crisil etc. Atal also spent 2 years with a Fintech startup, LenDenClub, where he headed their Strategy & New Initiatives as well as Investor Relations. Prior to joining Singhi Advisors, his last stint was with Capwise Financial Services, a boutique investment bank, where he was Managing Director for their Debt Advisory business.   He Holds a Post Graduate Diploma in Business Administration from IIM Calcutta and an Electronics Engineering degree from IIT BHU, Varanasi where he was a Gold Medalist.   #Welcome #NewPartner #Entrepreneurship #Leadership #Advisory #InvestmentBanking

https://lnkd.in/dFMG2fwN USD 6 Bn, JK Organisation, diversifies its business interest in India's leading Paper & Packaging Solution company - JK Paper Ltd., by entering into high margin, high barrier, globally competitive specialty Animal Health, Nutrition products & Feed Additive business, by acquiring India’s largest independent player in this space. Exclusively advised by Singhi Advisors, JK Paper enters into binding agreement to acquire "Quadragen Vethealth Private Limited" for Equity value of INR 460 cr in all cash deal, with upfront acquisition of 65% stake & balance stake in 4 years to manage smooth transition and capture substantial growth potential in the global markets  The Bengaluru headquartered export-oriented Specialty Animal heath company, is global leader in its category, operating at 30%+ EBITDA margins, growing at ~20% CAGR. This transaction marks JK Paper’s strategic entry into a rapidly developing industry segment and provides opportunity for the group to grow into newer and promising segments. This is 4th acquisition by JK in past 2.5 years and Singhi Advisor's 3rd deal in the Nutrition & Feed business. Congratulations to Deepak Ladha, Partner, for his direction leading this deal and his team Tanushka Desai and Dhrumil Chandarana who were instrumental in execution.

https://lnkd.in/dDtEdPF9 Singhi Advisors advises consistently profitable, INR4000 Crs Dhoot Transmission Group, which has grown over 25% CAGR in last few years, for Significant Minority Stake acquisition by bulge bracket fund- Bain Capital, taking the company & its first generation promoter to niche Billion $ club. Having manufacturing presence in 5 countries, Dhoot is the global leader and largest 2-wheeler harness manufacturer in India and a key supplier of Electronics and EV components to leading OEMs in the country.  Dhoot Group, which has expanded its operations globally through niche acquisitions across key target markets, now has 20+ plants across India, UK, Slovakia and Thailand.  This is Singhi Advisor's 18th deal in Auto components in last 7 years and all the 6 successive deals of Dhoot group, led by first generation fireball promoter Mr Rahul Dhoot, during Singhi's decade long association with the group, which is geared up to grow into a multi-billion $ enterprise in the time to come. Congratulations to Sapna Seth, Partner, for her direction leading the deal, and Harsh Roliya and Isha Khuteta instrumental in execution. https://lnkd.in/dw_-NnnY

We are pleased to share that our Director, Ms. Arunima Jain, was invited by IIM Mumbai to address a cohort of distinguished Defence Officers transitioning from military service to the next chapter of their professional journeys. Being an #Alum herself, it was an immensely gratifying experience for her as it brought a sense of giving back to the institution that played a pivotal role in shaping her career. This opportunity was indeed a privilege for the entire Singhi family. Each year, hundreds of remarkable #Defence officers, armed with unparalleled experience, solutions-oriented approach, and leadership skills, embark on new ventures in industries such as corporate roles, entrepreneurship, consulting, and beyond. Our heartfelt gratitude to these veterans for their service and our best wishes as they chart new paths. Kudos as well to the industry for embracing this exceptional talent pool and recognizing the immense value they bring. The potential for mutual growth is boundless! IIM Mumbai : Business Management Program(Defence Officers) Indian Institute of Management Mumbai Mahesh Singhi . #Leadership #Veterans #DefenseToCorporate #Nationfirst #76thRepublicDay

Singhi Advisors wishes you a Happy Republic Day #RepublicDay #India #UnityInDiversity #ProudIndian

Singhi Advisors wishes you a Happy Republic Day #RepublicDay #India #UnityInDiversity #ProudIndian

https://lnkd.in/dDtEdPF9 Singhi Advisors advises consistently profitable, INR4000 Crs Dhoot Transmission Group, which has grown over 25% CAGR in last few years, for Significant Minority Stake acquisition by bulge bracket fund- Bain Capital, taking the company & its first generation promoter to niche Billion $ club. Having manufacturing presence in 5 countries, Dhoot is the global leader and largest 2-wheeler harness manufacturer in India and a key supplier of Electronics and EV components to leading OEMs in the country.  Dhoot Group, which has expanded its operations globally through niche acquisitions across key target markets, now has 20+ plants across India, UK, Slovakia and Thailand.  This is Singhi Advisor's 18th deal in Auto components in last 7 years and all the 6 successive deals of Dhoot group, led by first generation fireball promoter Mr Rahul Dhoot, during Singhi's decade long association with the group, which is geared up to grow into a multi-billion $ enterprise in the time to come. Congratulations to Sapna Seth, Partner, for her direction leading the deal, and Harsh Roliya and Isha Khuteta instrumental in execution. https://lnkd.in/dw_-NnnY