Inga Ventures

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About

Inga commenced its journey in October 1999 as a boutique investment bank. Complementing the boutique culture, Inga remained focused on building relationships supported by its ability to provide solutions to complex problems. These virtues helped Inga through its journey till date and secured a very prominent position in the investment banking industry. Today, Inga is known for its ability to provide solutions and maintain a strong relationship with corporates.

The basket is enriched with more than 100 relationships and, given its position, this number will keep increasing. In April 2018, the team led by Karthik and supported by other erstwhile colleagues, has assumed the charge of carrying forward the rich legacy of Inga.

Inga Ventures Private Limited was incorporated on 17th December 2018. It is classified as non-government company and is registered at Registrar of Companies, Mumbai. Its authorized share capital is Rs. 1.37 crores and its paid-up capital is Rs. 1,25,13,510. It is involved in activities auxiliary to financial intermediation, except insurance and pension funding. This Group includes activities involved in or closely related to financial inter-mediation other than insurance and pension funding but not themselves involving financial inter-mediation.

Directors of Inga Ventures Private Limited are Ganesh Shiva, Amish Hamir Mehta, and Atul Harkishandas Mehta.

Corporate Identification Number (CIN): U67100MH2018PTC318359 

Registration number: 318359

E-mail address: [email protected]

Registered address: Unit No-1229, 12th Floor, Hubtown Solaris, N. S. Phadke Marg, Saiwadi, Andheri East, Mumbai –  400069.

Inga Ventures Private Limited’s Annual General Meeting (AGM) was last held on 31st December 2020 and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31st March 2020.

Key staff

S Karthikeyan, CEO – He is a CA with investment banking experience of over 20 years. His expertise ranges from deep understanding of ECM regulations to complex financial modelling in private equity transactions. He is actively involved in dealing with a wide population of private equity funds ranging from initial discussions to transaction closure.

Dharmesh Dalal, Partner – He is a CA with over 25 years of rich and varied experience of heading & managing an Institutional broking team. He had successfully concluded placement of large equity blocks of listed companies, besides raising funds for India Inc. He enjoys strong trustworthy relationship with both corporate houses & Global Fund Managers.

S Venkatesh, Partner – He is a finance professional who has created a wide network of relationship in the Investment Banking fraternity thereby lending a useful support to new business generation. He has excelled in identifying mid- cap opportunities and achieving fair success in mandate closures.

Kavita Shah  – She is a CA with investment banking experience of more than 25 years. She has rich experience of handling ECM and PE transactions. She has an in-depth understanding of complex real estate equity & debt financing options. She has a strong network of debt participants like banks & financial institutions.

Yasmin Valladares – She has an MBA in Finance, and has over 20 years of corporate finance experience. Relationships with marquee Private Equity funds through high quality execution. She has a deep understanding across sectors through deal management in the private equity space. She is experienced in transaction structuring, negotiations, and post deal monitoring.

( https://www.zaubacorp.com/company-directors/INGA-VENTURES-PRIVATE-LIMITED/U67100MH2018PTC318359 )

Ganesh Shiva, Director – Appointed on 21 August 2020. No other information found.

Amish Hamir Mehta, Director – Appointed on 21 August 2020. No other information found.

Atul Harikishandas Mehta, Director – Appointed on 17 December 2018. No other information found.

Media

Title: Companies and stocks to track today: Sept 7, 2020 The Hindu – Business Line

https://www.thehindubusinessline.com/markets/stock-markets/companies-and-stocks-to-track-today-september-7-2020/article32535621.ece

The board of Allcargo Logistics Ltd has approved voluntarily delisting the company’s shares from stock exchanges. Promoters Shashi Kiran Shetty and Talentos Entertainment Pvt Ltd today informed the company that the floor price of the proposed delisting has been set at ₹92.58 a share.

The board also approved merchant banker Inga Ventures Pvt Ltd’s due diligence report on the delisting.

Last week, Allcargo had appointed Inga Ventures for the due diligence report so that the company could discuss in detail and chalk out a plan to delist the shares after the company had received a letter from its promoters of their intention to delist the company.

The promoters collectively hold 70.01 per cent stake in the company.

Title: Revathi Equipment’s delisting plans The Hindu – Business Line

https://www.thehindubusinessline.com/markets/stock-markets/revathi-equipments-delisting-plans/article33522245.ece

The board of Revathi Equipment on Thursday approved the appointment of Inga Ventures Private Limited, as Merchant Banker to carry out the due diligence for delisting of company shares. Earlier, the company had received a letter from its promoters Renaissance Advanced Consultancy Limited and Hari Investments Private Limited, of their intention for voluntarily delisting of the shares from the stock exchanges. Currently, promoters hold 72.58 per cent stake in the company.

Title: Aarti Drugs announces share buyback worth ₹60 crore at ₹1,000 apiece

https://www.livemint.com/market/stock-market-news/aarti-drugs-announces-share-buyback-worth-rs-60-crore-at-rs-1-000-apiece-11616145862823.html

The board of Aarti Drugs today approved buyback of up to 6,00,000 fully paid-up equity shares of face value of Rs. 10 each of the company, representing up to 0.64% of the total number of equity shares, at a price of Rs. 1,000 per share.

The record date for the ₹60 crore buyback has been fixed as April 1, 2021.

Inga Ventures Private Limited has been appointed as the manager to the proposed buyback.

Title: TrulyMadly, Malaki, Sirona Hygiene, MyDentalPlan raise funding

https://www.vccircle.com/trulymadly-malaki-sirona-hygiene-mydentalplan-raise-funding/

9Unicorns announced an undisclosed amount of seed funding in Malaki, a brand in the beverage space. The round witnessed participation from individual investors Dharmesh Dalal, partner at Inga Ventures; and Rahul Parekh, director of Suraksha Realty.   

Malaki was founded in 2018, by Ashish Bhatia and Mohit Bhatia, both members of a family that has over 60 years of experience in the F&B industry. The brand offers a range of beverages including 24 karat gold water, alkaline drinks, zero-calorie tonics, vitamin beverages and water from the Himalayas.

Analyst questions

1. Why is there no information about your funds on the website ?

2. What is your investment philosophy ?

3. How would you describe your investment style ?

Prepared by Praptee Chakote (September 2021)

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