The promoter companies of Satin Credit Care had a requirement for investment in their dairy and other businesses and Niwas arranged a structured loan of Rs 125 mn to meet their cashflow requirements especially in the difficult months post demonetisation. The entire transaction was concluded in 2 weeks.
Balasore Alloys was required to make payments to the Orissa state govt for mines allotted to them and Niwas on a exclusive basis worked with Balasore to arrange structured medium term funding of Rs 100 mn for the same.
As part of a larger transaction for refinance where Niwas is exclusively advising RSB Transmission, there was a intermediate requirement for meeting peak WC requirements for which Niwas arranged a structured loan of Rs 300 mn . This enabled RSB Transmission to successfully meet its obligations and support its vendors and customers.
Sampurna Earth is a growth stage start up company in the solid waste management space having a turnover of Rs 1.5 cr. The company had obtained a large order from BARC and Niwas extended a Rs 2 mn ICD to Sampurna to enable them to fulfil the order. Subsequently Niwas is exclusive advisor and has helped them raised additional funding of Rs 1.5 mn from Capital Float under invoice discounting structure. This would enable growing companies like Sampurna to meet their WC requirements and support growth
clovia.com (Purple Panda Fashions) is a growth stage company which designs and manufactures womens lingerie and is funded by reputed VC Ivy Cap Ventures. Niwas was the exclusive advisor for clovia to enable them to raise their first structured 2 year debt of Rs 30 Mn to finance WC requirements for growth. The debt capital enabled the promoters to finance growth without raising additional equity which would have led to dilution of existing investors