Success Stories
1. Rags to Riches
A Sustainable value creation case study from my Syndication Diaries. (volume 1) It was starting of 2000 when I was referred a case from a friend in big 4 advisory firm. The client had approached them for debt or equity but the case was either small for them or was not fundable. I met the client, saw the financials and noted that everything was negative except the food processing sector that they belonged to. The entrepreneur was from marketing background, not much educated but aspiring to do something big. He had no choice than working on turnaround of this company, as there were no other options from career perspective. He was clueless about how to proceed further and revive loss making business. Apparently, the company was floated by a big listed player in food processing industry and they had a plan to go public but stock market crash of 1999 compelled them to wind up the operations that’s where this entrepreneur got at the helm of this company in lieu of his job.
2. Responsible advisory can do wonders !!
Volume 2 from syndication diaries.. Genre, Real Estate funding. In august of 2012, a Gujarati gentlemen aged about 67 came to my office. He was a landlord of an industrial estate situated behind Hindustan unilever headquarters in chakala, andheri Mumbai. A businessmen all his life, ran many businesses and widely traveled across the globe . Amidst all his pursuits Over the years, there was an under current . He was already an owner of land of his industrial estate, few units there and was on constant lookout for buying more units whenever he Got opportunities. He bought rights of units located in his industrial estate one by one over the years so that one day he can redevelop the premise and unlock value out of it.