📣🎉 HOSPITALITY TRANSACTION CLOSURE 📣🎉 How does our client rate Mango’s Hospitality solutions? 5 stars! The pressure and scale of this transaction was matched by the team’s drive and resourcefulness. We composed a complex lending structure funded by a leading private bank for our client, a renowned South-based developer with a luxurious 5-star hotel. The team met stringent timelines and complex challenges with determination and delivered above and beyond. Kudos to the team! Sandeep Kotak Hetal Kotak Nazia Khatoon Karan Sehgal #investmentbanking #realestate #hospitality #hotel #finance #funding #development #assets #growth #india #construction #team #fundraising #Bangalore #Hyderabad #developers #dealclosure
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The story of #RizwanSajan is a true testament to the power of resilience, determination, and unwavering ambition. Born in the crowded slums of Mumbai, Sajan's early life was marked by financial hardships and personal tragedies. Rizwan Sajan's journey began in the bustling streets of Ghatkopar, Mumbai, where he was born into a family struggling with financial instability. Despite the challenges, Sajan's resilience shone through from a young age. As a teenager, he took on the responsibility of supporting his family after the tragic passing of his father, using a small loan from his late father's savings to start a modest box file manufacturing business. Sajan’s entrepreneurial journey took a significant turn when he accepted a job opportunity in Kuwait, where his salary and ambitions grew exponentially. However, the Gulf War in 1990 forced him to return to Mumbai, once again facing financial difficulties. Undeterred, Sajan relocated to Dubai in 1993 and founded a trading firm, leveraging his business acumen to diversify into various ventures, including building materials, sanitary solutions, and home furnishings. Sajan’s most significant move came in 2014 when he launched Danube Properties, his foray into the real estate sector. His innovative approach, particularly the introduction of the 1% monthly payment plan, revolutionized the market, making luxury properties more accessible to a wider range of buyers. This strategy aimed to convert renters into homeowners, significantly easing the path to homeownership for many. While Sajan has faced challenges in the Indian real estate market, his focus remains on expanding his Middle Eastern empire. Dubai’s real estate market, with its trustworthiness and growth potential, continues to be his primary arena. Today, #DanubeGroup is a diversified business conglomerate, with interests spanning building materials, home décor, and real estate, achieving a turnover of $2 billion. Sajan’s current net worth stands at an impressive $2.5 billion. This remarkable figure places him among the top 100 richest Indian businessmen in the UAE and underscores the magnitude of his success, coming from humble beginnings. Danube Group Danube Properties #StartupStory
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K Raheja Corp Buys Mall Worth Rs 476 Crore In #Mumbai The mall is purchased from Kishore Biyani's Bansi Mall Management Company Read Here: https://t.ly/A7XJN K Raheja Corp #latest #updates #realestate #mumbai #growth #business #malls #infrastructure #biginfodotin #businessandfinance #investingstrategy #salesleads #projectnews #IndianEconomy #liveupdates #newstoday
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DLF Total income rose to ₹2316.70 crore in the fourth quarter of 2023-24 fiscal from ₹1,575.70 crore in the corresponding period of the previous year, according to a regulatory filing. Total income grew to ₹6,958.34 crore during the last fiscal from ₹6,012.14 crore in the 2022-23 financial year. It has an annuity portfolio of over 42 million square feet with an annual rental income of around ₹4,000 crore. DLF Privana West,’ -- its latest luxury residency project -- has achieved a sell out valued at ₹5590 crore “within 3 days”. “This milestone follows the earlier triumph of DLF Privana South’s sellout in January 2024,” it said in a statement. Comprising 795 residencies across five towers, DLF Privana West will include 4BHK apartments and penthouses. Located in Gurgaon, the high rise and adjoining facilities cover 12.5 acres and 116.2 acres respectively. A consortium led by Blackstone along with Abu Dhabi Investment Authority (ADIA) and Singapore's GIC have submitted a non-binding bid to acquire a controlling stake in Haldiram Snacks Food Pvt Ltd (HSFPL),to acquire 74-76 percent of the company, valuing the business at $8-8.5 billion (Rs 66,400-70,500 crore), one of India’s largest snack and convenience foods company.The bid was submitted late last week and, if it goes through, it will be the largest private equity buyout in India so far, the report said. #Blackstone #DLF #DLFPRIVANA
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🌟 Lemon Tree Hotels: A Sweet Investment Opportunity? 🌟 The hospitality sector is buzzing, and Lemon Tree Hotels stands out with its aggressive expansion plans. Though the stock has seen some turbulence recently, domestic brokerage ICICI Securities views the current dip as a buying opportunity. Here’s why this stock is catching attention: 🛏️ Expanding Portfolio: •Current operational keys: 10,318 across 112 hotels. •Aggressive expansion: Adding 5,220 keys by FY 2029, totaling 15,538 keys. 📊 Strong Growth Projections: •Revenue & EBITDA CAGR (FY 2024-27): 22%. •Potential for significant debt reduction (current debt: ₹1,910 crore) in the next 3-4 years. 💸 Price Movement: •Record high: ₹158.05 (May 6, 2024). •Recent close: ₹137.75 (Dec 6, 2024), down 13% from its peak. •One-year low: ₹112.05 (Dec 21, 2023). 🏦 Brokerage Target: •ICICI Securities Target Price: ₹164 (~19% upside). •Experts foresee even more potential upside in the medium term! 🔑 Key Insight: Lemon Tree’s strategic growth plans and the expected medium-term earnings surge make this a promising pick for investors willing to bet on the hospitality sector’s rebound. 📢 Source: Data insights from moneycontrol.com Image Source: Pixabay 👉 What’s your take on Lemon Tree Hotels? Would you invest in its growth story? #StockMarket #InvestmentOpportunity #HospitalityIndustry #GrowthPotential #StockAnalysis
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𝗗𝗟𝗙 𝗮𝗻𝗱 𝗢𝗯𝗲𝗿𝗼𝗶 𝗥𝗲𝗮𝗹𝘁𝘆 𝗖𝗹𝗮𝘀𝗵 𝗶𝗻 𝗥𝗲𝗮𝗹-𝗘𝘀𝘁𝗮𝘁𝗲 𝗦𝗽𝗮𝗰𝗲 🚀 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: - Indian real estate sector to reach $𝟭 𝗧𝗿𝗶𝗹𝗹𝗶𝗼𝗻 𝗯𝘆 𝟮𝟬𝟯𝟬 🏘️ - 𝗗𝗟𝗙 𝗽𝗿𝗶𝗺𝗮𝗿𝗶𝗹𝘆 𝗲𝗮𝗿𝗻𝘀 𝗳𝗿𝗼𝗺 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗽𝗿𝗼𝗽𝗲𝗿𝘁𝗶𝗲𝘀 through rental income, while 𝗢𝗯𝗲𝗿𝗼𝗶 𝗥𝗲𝗮𝗹𝘁𝘆 𝗳𝗼𝗰𝘂𝘀𝗲𝘀 𝗼𝗻 𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹 𝗵𝗼𝗺𝗲𝘀. - Oberoi Realty is growing faster and generating higher profits 📈 - DLF's stock may soon rise after a period of stability, while 𝗢𝗯𝗲𝗿𝗼𝗶'𝘀 𝘀𝘁𝗼𝗰𝗸 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲𝘀 𝘁𝗼 𝗰𝗹𝗶𝗺𝗯 🔼 - Both companies are financially healthy with low debt and are attracting investors. We have published a detailed analysis on the TradingView. Link in the comment! #StockMarket #StockInFocus #DLF #OberoiRealty #RealEstate #Investing
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#News | According to Aakash Ohri, Joint Managing Director & Chief Business Officer at DLF Limited, emotional ties, favorable exchange rates, and simplified processes are driving the Indian diaspora to invest in luxury properties back home. 💼✨ #RealtyNXT #Investment #LuxuryRealEstate #IndianDiaspora #DLF #LuxuryProperties #RealEstateInvestment
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IPO-bound Ventive Hospitality to buy, develop hotels as #TempleTourism rises Blackstone and Panchshil together own more than 80% of Ventive Hospitality, which is set to raise ₹1,600 crore through an IPO. The proceeds of the IPO will be mainly used to pare debt. The price band is set at ₹610-643 and the IPO will remain open for bidding during 20-24 December. Ventive Hospitality Ltd, a joint venture between Pune-based real estate developer Panchshil Realty and global asset manager Blackstone, is looking to expand its hotel business to capitalize on a surge in leisure travel and temple tourism in India, senior company officials told Mint.... bit.ly/41G6fzn #VentiveIPO #India #Business #Hospitality #Hotels Soumya Subramaniam | Madhurima Nandy Via www.livemint.com
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Indian retailers are making their mark in Dubai, catering to the growing Indian expat community. 🌍✨ From Nykaa's beauty products to Blue Tokai's coffee, these brands are thriving in the Gulf market.As the Indian diaspora expands, the opportunities for retail growth continue to rise. Let's celebrate the entrepreneurial spirit that connects cultures and drives innovation! #Retail #IndianRetail #Dubai #Expats #Entrepreneurship #GlobalMarket #CulturalConnection #Innovation #BusinessGrowth #Nykaa #BlueTokai #GulfRegion #RetailTrends #Diaspora #BrandExpansion #MarketInsights #ConsumerTrends #FoodAndBeverage #BeautyIndustry #CoffeeCulture #RetailSuccess #Ecommerce #Investment #Startups #RetailStrategy #CrossCultural #BusinessOpportunities #InternationalExpansion #SustainableRetail #CustomerExperience #RetailInnovation
Indian brands are bridging the Gulf, lured by wealthy expats and local residents
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"We ONLY Accept CASH"!💵 💵 💵 Why does Mumbai, the financial capital of India, have decades-old vintage places that still accept cash? Have you seen some iconic restaurants and vintage places in Mumbai have hoardings outside their doors saying “We only accept Cash”? A few days ago, I went to the Rustom Ice Cream Parlour with my friends. I was a bit taken aback when I got to know that in the era of online payments, they had a board right outside their shop saying “We only accept Cash”. A similar note was there when I visited the Baghdadi Restaurant behind Taj and some Irani Cafes in Bandra. I mostly went there on Weekends and I could not help but notice the craze people have for these places. However, given their- cash only, one can only wonder how much turnover would these places have. These are just 3 places that I mentioned, but there must be a lot of other places in Mumbai that follow this practice. Not to make any accusations, but this method raises questions in mind, that many of you would relate to. But if the UPI Services are being used by auto-rickshaw drivers to the Prime Minister himself, why are such famous tourist destinations and vintage spots not leveraging the new payment systems? What do you think is the reason? #mumbai #mumbaitourist #placestovisit #cashvsupi #anmolsharma
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🚀 From a Small Shop to a Rs 51,000 Crore Giant🚀 MP Ahammed's journey with Malabar Gold & Diamonds is nothing short of inspiring. Starting in 1993 with a modest 200 sq-ft shop in Kerala, Malabar Gold has now become India's largest jeweller by revenue, with 213 showrooms in India and 140 globally. The secret? A unique business model leveraging local partnerships and a steadfast commitment to quality. With over 4,000 investors and 21,000 employees, Malabar Gold continues to scale new heights, driven by Mr. Ahammed's vision and leadership. In 2024, Malabar Gold achieved annual revenues of ₹51,474 crore, making it the sixth largest jewellery retailer globally. However, as the company gears up for an IPO, it may face the complex challenge of consolidating over 120 entities into a single holding company. This involves meticulous planning and coordination, with assistance from firms like EY , Deloitte, and PwC India. Problems Malabar Gold & Diamonds could Face for IPO According to me: 1. Complex Corporate Structure: - The company operates through more than 120 separate entities. - These need to be merged into one single company, which is a complicated task. 2. Investor Management: - Malabar Gold has over 4,000 investors, including employees who have different levels of investment. - Managing and transitioning these investors smoothly into the new company structure is essential. 3. Legal and Regulatory Compliance: - Ensuring all legal requirements are met during the consolidation of entities. - Properly handling share swaps and following all IPO procedures to avoid legal issues. 4. Operational Integration: - Bringing together the operations, finances, and reporting systems of all these entities into one unified system. - This will ensure the company runs smoothly and efficiently as a single entity. 5. Market Conditions: - Navigating the current market sentiment and economic conditions. - These factors can influence the timing of the IPO and its overall valuation. Despite these hurdles, Malabar Gold is poised for further growth, expanding its presence in western, eastern, and northern India, as well as entering new international markets like South Africa, Egypt, and New Zealand. Feel free to share your thoughts on this incredible journey and the challenges they face. It's a testament to the power of innovation, collaboration, and a relentless pursuit of excellence. Insights By : Dr. Gautam Agrawal #Leadership #BusinessGrowth #Entrepreneurship #JewelleryIndustry #MalabarGold
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