iridium earthtech llp

Iridium EarthTech LLP Home buyer is not just any stakeholder,

but the very reason for our existence!

www.iridiumearth.com

Iridium EarthTech LLP, a next gen realestate advisory, combining the maturity of the brick & mortar with the enthusiasm of start-ups, specializes in :

01

02

03

04

Resolution of Stressed Situation of an Ongoing / Stalled Real Estate Projects;

Monetisation & Restructuring of Non-Core Assets (Across All Industry Sectors);

Funding of Real Estate Projects (Greenfield / Brownfield) Through Debt / JV / M&A;

Investment Opportunities in A++ Income Yielding Assets; &

05 Aggregation / Acquisition of Big Land Parcels.


About Us

Our Team We take special pride in being called the IRIDIUM of the real estate industry; like Iridium, our advice and solutions are precious, intense, rare and simply out of the world. Our unique technical competence to deal in all matters of real estate “Earth” makes us the master of “EarthTech”. Therefore we take full pride to introduce ourselves as IRIDIUM EARTHTECH. Our team of highly experienced and qualified professionals, with a collective experience spanning over 5 decades, drawn from across varied industry verticals, have working knowledge cutting across sectors like Real Estate, Equity, Banking, Taxation, Judiciary, Engineering, EPC & Architecture and possess unquestionable competence to holistically comprehend your realty issues and bottlenecks, and arrive at a practical and executable structured solution which is in congruence with the overall business objectives and goals.


We are a young company with mature heads and are confident of playing a very important part in the recovery of the real estate industry in the post COVID era.

Our Belief

Our Mission To bring smiles and relief to home buyers, to partner with the “Builders of the Nation” and re-create a vibrant market for real estate assets.

Our Vision

It is our strong belief that comprehending the client’s issues is half the problem solved. This coupled with a solution oriented approach, helps us weave together a bouquet of structured mythology overcome the client’s commercial / transactional bottlenecks in the most optimal manner using the least time consuming path. In doing so, we maintain keeping the client’s interest at the forefront coupled with strict non-disclosure of data and information is maintained at all stages. Not all real assets are bad; a little operational or structural change, supported by adequate capital infusion, can turnaround majority of these assets. All real estate projects have land as there underlying physical asset; an appropriate monetising plan can help revive majority of the stalled projects.

“ REAL ESTATE : The ONLY asset which is REAL & can be consumed as a personal ESTATE ”


CORPORATE VALUES

“THE CHANGING NATURE OF CAPITAL IS ONLY ONE FACET OF THE FINANCIAL SERVICES REVOLUTION”

Nobility and Excellence in every service delivery, by putting the home buyer’s interest foremost followed by our clients’, providing the highest level of honest and technically sound expertise; and in doing so not to undermine our company, Individual team members and other stake holders.


We value timely, efficient, innovative, solution-oriented, and cost-

effective services with nobility and technological

prowess.

Professional Excellence & Stewardship

We provide services in an honest, ethical, open, courteous, caring and

concerned manner, respecting people,

enabled by free exchange of ideas. Integrity, after all, is the human quality

most necessary to business.

Business Integrity

We strongly believe and imbibe the idiom “the

strength of 5 sticks together is far greater

than the combined individual strength of

each “.

Collaborative Relationships We believe in constant

engagement and feedback from all our stakeholders to address concerns and guarantee services that are ahead of the curve.

Quality of Service


Our Strength Monetisation, Acquisition & Resolution of Stressed Industrial/Commercial Assets held by Promoters, High Courts, Debt Recovery Tribunals & Financial Institutions through M&A, Takeover/Management Buyout; Complete guidance and hand-holding in special situations arising under Insolvency & Bankruptcy Code 2016 & proceedings at NCLT; Real Estate transaction & land use change; advisory for Luxury Residential, Group Housing, Big Institutional & Industrial land parcels; Funding of Low Performing High Potential assets through Private Equity, ARCs, NBFCs ; Conceptualizing and executing a turnaround strategy under a sweat equity participation model; and Land aggregation and acquisition for all land uses.


Management Team PANKAJ SARAOGI

Pankaj is a serial entrepreneur; having been in the Industry for 25 years, he has an acumen to identify and pursue emerging business trends and sunrise sectors. His varied experience across industries and business verticals, combined with his knowledge in diverse fields like structured finance, real estate, technology, law, sociology, history & politics, enables him to not only spot and predict accurately the future business cycles and waves of disruption, but also to devise creative turnaround strategies and solutions. His forte lies in risk management and devising feasible resolution and monetisation plans for stressed assets. He has in-depth knowledge of the entire stressed assets resolution ecosystem in the country and is a firm believer of Stressed Assets as an Alternate Asset Class. Qualified as an Electrical & Electronics Engineer from BITS (Pilani) and also a Lawyer, Pankaj has in depth knowledge of Indian Business, Economy, Corporates the Legal & Taxation system.

Sanjiv, a member of RICS, has over twenty years of business consulting and market research experience, last ten years of which has been in Real Estate. In his last stint as Chief Operating Officer (COO) at CREDAI-MCHI, he had been overseeing the Liaison, Legal and Research functions, handling all government representations and policy intervention matters and has an excellent working knowledge of MMR (Mumbai Metropolitan Region) Real Estate market. Qualified as an Electrical & Electronics Engineer from BITS (Pilani) and an MMS (Operations) from Mumbai University, he has had stints at Colliers International, ICICI Bank, IMRB (Kantar IMRB), Synovate (Ipsos) and A.F.Ferguson & Company.

SANJIV CHAUDHARY MRICS



Real Estate contributes

nearly 7.8% to the nation’s

GDP

Provides employment to more than 30% of the country’s workforce; lakhs of daily wage earners depend upon the sector for their livelihood and well-being

By 2025, Real Estate is

estimated to contribute

almost 13% of the country’s

GDP

Importance of Real Estate

As a sector, Real Estate has linkages

with over 250 allied

industries


More than 5% of India's GDP

Approximately 40% of maritime trade

Nearly 70% of capital transactions to the national economy

Roughly 25% of industrial output

MMR’s Role in Nation Building Mumbai Metropolitan Region (MMR), the commercial and entertainment center of India contributes :

MMR is not only the Commercial Capital but also the country’s Maritime Capital with a 703 kms. of unhindered coastline. With it’s never say die attitude, the city has always been the barometer of the country’s economic health, especially Real Estate. Globally, the changing dynamics of Mumbai’s Real Estate has defined India’s Real Estate Industry pulse. Traditionally whatever dynamic decision MMR has taken for development of land, the whole country has followed!


Estimated Capital Requirement to Fulfil “Housing For All”

The government’s data on need for “Housing For All”, published in 2016, stated that 6 crore urban homes were needed to meet the need of housing; even if we assume a conservative average home loan size of Rs.15 lacs per home, the total capital required for 6 crore homes is approximately Rs.9 lac crores.

As of December’19, around 11050 projects in Mumbai Metropolitan Region (MMR) were registered under MahaRERA at various levels of construction and stages of approval. Even at a modest estimate of 100 housing units per project, a conservative 450 sq.fts. per unit costing Rs.40 Lakh each, these projects amount to an estimated revenue of Rs. 4.4 Lakh Crores translating into a construction of roughly 5000 Lakh sq. fts. Just unlocking this quantum construction activity in MMR alone has the potential to create 50 Lakh blue collar jobs and 5 Lakh white collar jobs. Efforts to keep these projects live with guaranteed fund availability alone can potentially unlock roughly Rs.4.5 Lakh Crores in MMR alone in just the next 3~5 years, enough to wipe out all the Covid lead losses.

Real Estate Potential in MMR

Real Estate

Real Estate is one of the most important input in any business venture. It is an aspirational asset class for an individual and possibly the only residual asset in

cases of corporate delinquency. With “Smart City” the new buzz word in India and “Housing For All” being the thrust area for the Government, the Indian Real Estate Industry is raring to go! Besides restructuring of stressed assets, we also provide transaction advisory services pertaining to aggregation, acquisition, financing & monetization of real estate portfolios including land. We see real estate project / acquisition as constituted of the following interlined arms:- Land Legal Permissions & Tittle Project Conceptualization Funding EPC & Construction Sales & Marketing Completion and Delivery Repayment of Funds and Profit Distribution Re-educating Oneself and Starting

all over again

We are pleased to say that we can handhold you to take every step and negotiate every turn in the journey. www.iridiumearth.com

Land

Strategic Solutions

Outright Sale

Joint Venture (JV) & Joint Development (JD)

Development Management

Sourcing & Acquisition

01

02

03

04

05

SERVICES


SERVICES Private Equity

Sale/Private Placement of Equity Stake of Promoters & Strategic Investors

1

Identifying Strategic Takeover Targets

2 Lately Private Equity Investment has

emerged as a key finance mode for

business & corporates. We

provide the following services

to our clients :- Identifying Sunrise Sectors and Multi-baggers for the Investors to Invest into

4

Advisory to Treasury Operations of Corporates and Family Offices

3


Investment Opportunities in Pre-Leased Assets

Market Intelligence

Pricing Strategy

Marketing & Communication Strategy

Channel Partner Sourcing

Investor Sourcing

01

02

03

04

05

SERVICES


Practical Due Diligence of Stressed Asset OTS and Resolution of NPA Assets

Placement of NPA Assets with ARCs Monetisation of Stressed Realty

Formulating Legal Strategy to Clean up Stressed Assets

Buying of Stressed Assets from ARCs and Banks

SERVICES Distressed Assets

Indian banks' gross non-performing assets

(NPAs) stood at ₹9.4 lakh crore as on March 31, 2019, as per a joint study by ASSOCHAM-

CRISIL; Covid led stress could add another 50% to it! There is thereby

an urgent need of agencies like us to help

the various stakeholders in a

stressed asset. We provide the following

services to the borrowers, banks, ARCs,

NBFCs, Investors :

01 02

03 04

05 06

07 Brokerage and Advisory to Stressed Asset Investors / Special Situation Funds

Given the multitude of processes in a real estate project and there complex interlinkages, deficiency in one step can lead to the collapse of the entire value chain. Key focus of the team is to assess and diagnose the stress in the assets with a view to help resolve and revive the asset, from any stage in the stress cycle - being classified as an NPA upto NCLT. The financial turnaround is effected through capital infusion either in the form of bridge loan, last mile funding, structured debt or equity.


Our client’s repose a lot of trust and faith in us, and treat us as their partner in growth. It is but natural that most of our clientele is repeat and through strong word of mouth. With the unwavering support and patronage of our client’s, we have had the privilege of working with the crème-de-la-crème of the industry. What starts with a financial restructuring exercise ends up giving us an opportunity to provide a complete end-to-end solution to them. Deal Flow of M/s Ranjana Enterprises (P) Ltd (Related Company) :

Stressed deals wherein we participated with a Mandate - Dec 17 till Date

Name Type Month/Duration

NCLT /IBC CASES

Delicious COCO Water Submission of Resolution plan Jul18 - Oct 18

Facor Ltd Submission of Resolution plan Feb 18- April18

IP Constructions (P) Ltd Handholding of OC and Promoter Sep18-Feb20

Samtel Color Ltd Submission of Resolution plan Dec 17- April 18

Samtel Color Ltd Acquisition of P&M in Liquidation Sept 18- March 19

Concast Limited Advisory to a client to acquire steel plant in liquidation Mar 19- Jan 20

Rashmi Housing Pvt Ltd Total handholding to promoter & investor April 19- Ongoing

VeekayPolycoats Ltd Total handholding to promoter & investor May 19- Feb 20

Our Clients



Santosh Overseas LTD Handholding of the promoter May 19-Nov 19

Moser Baer Ltd Advisory to a client to acquire L&B in liquidation Apr 19- June 19

MSX Mall (P) Ltd Acting as a Process Advisor Sept 19- Ongoing

JVLAgro Ltd Total handholding, Mandate to raise Rs 50 Cr June 19- Dec 19

OSIL Exports Lts Total Handholding, Mandate to raise Rs 30 Cr Aug19- Jan 20

Prominent Metals P Ltd Handholding the promoter Feb 20- Ongoing

Ankur Roller Flour Mills Handholding the promoter Feb 20-Ongoing

Bhadreshwar Vidyut P Ltd Advisory to a client to acquire the power plant thru resolution process Nov 19- Ongoing

Cauvery Power Generation Advisory to a client to acquire the power plant thru resolution process Nov 19- Ongoing

KJS Developers Ltd Advisory to promoters to settle with the Operational creditor Dec 19- MArch 20

Alupan P Ltd Handholding of the promoter Dec 19- Ongoing

Techpro Systems Advisory to a client to acquire thru Resolution Dec19- Ongoing

General Garments Resolution applicant on behalf of AIF Ongoing

Trading Engineers Resolution applicant on behalf of AIF Ongoing



Non NCLT/IBC cases

Samtel Glass Transaction (sell) - 67 acres land April 17- Dec 18

Dolsun Containers Transaction (sell)- 1 acre land Dec 17- Sept 18

Firth Steel India Advisory to a client for acquisition of 25 acres land Feb-18

Bakeman India Ltd Advisory to investor for aggregation of debt Jul 19- Ongoing

Hitech Grain Processing (P) Ltd Advisory for settlement of debts Jun 19- Dec 19

Ispat Alloys (I) Ltd Advisory for settlement of debts April 19- Oct 19

Kohinoor Foods ltd Advisory for settlement of debts Jun 19- Dec 19

Action Ispat& Power Advisory to a client to acquire the steel plant by aggregation of debts Jan-20

KLN Motors P Ltd Advisory for settlement of debts & turnaround Ongoing

GHOAgro P Ltd Advisory for settlement of debts & turnaround Ongoing

Arihant Retail P Ltd Advisory for settlement of debts & turnaround Ongoing

Andhra Ferro Alloys Ltd Advisory for settlement and aggregation of debts Ongoing

Shree Rama Paper Mills Raised Rs30Cr for OTS settlement Oct-18

Aman Hospitality Advisory for settlement and aggregation of debts Jan 20- Ongoing

Ojjus Hospitals Faridabad Advisory to an investor for acquisition of the asset March 20- Ongoing

MKK Metals & Sections Handholding the promoter to monetize the assets Oct 19- Ongoing


CONTACT US Pankaj Saraogi (M) +91-98186 44228 (E) [email protected]

UGF-07, Ocean Plaza, Sector-18, Noida – 201301, UP.

NCR Office

Sanjiv S Chaudhary (M) +91-90828 94122

(E) [email protected]

C-402, Panchsheel Residency, Mahavir Nagar, Nr.SBI Bank, Kandivali (W), Mumbai – 400067.

Registered Office (Mumbai)


Thank you Home buyer is not just any stakeholder, but the very reason for our existence!


iridium earthtech llp

Documents