SmithNovak’s Post

Engaging conversations on a very interesting subject. Some of the thoughts that were shared - Indian market opportunity is evolving from pure distress-distress credit to Private Credit that’s both growth oriented as well as customized to deal with spefic situations - private credit not only offers a large untapped market opportunity but also very attractive risk-adjusted returns - sectors that will play big - Industrials, Energy (new), Infrastructure, Financial services, and Retail / consumption focused. - Acquisrion financing; buyouts; PE exits; sponsor loans remains key demand factors. - Distress play largely restricted to Real Estate, Retail and SMEs. - Indian banking system need to seriously revisit its approach towards NPL portfolio sale as against account-wise sale. - Capital no longer a constraint; actually never was - ARCs needs to get their act together quickly to remain in focus. Was a pleasure and previlige to be in midst of great co-panelists and Industry stalwarts Indranil Ghosh Aakash Desai Anoop Rawat Tarun Kumar KPMG India #Infrastructure #Financial Services #Private Credit #NPLs #Distress M&A Stephen Bates KPMG Singapore

Two proxy advisory firms in India advised institutional investors to vote against the appointment of Anant Ambani, the youngest son of Mukesh Ambani, to the board of Reliance Industries, India’s most valuable company. They cited his lack of experience as a concern. However, when the matter was put to vote, a significant majority of shareholders approved his appointment. Unlike in the US, where proxy advisors have substantial influence, Indian firms struggle due to a prevalence of family-owned businesses and minority institutional ownership. Surendar T writes in today’s longform. Tap on the link in the comments to read more. #proxyadvisors #shareholderactivism #india #iias #ingovern #ses

While both Tata Capital and Bajaj Finance exhibit strong business fundamentals and growth trajectories, Tata Capital’s high valuation metrics warrant a more cautious approach. Investors should be mindful of the potential risks associated with high valuations and closely monitor the companies’ performance to make well-informed investment decisions. Follow for more such content🎯 #IPOInvesting #StockMarketUpdate #InvestorAlert #IPOAlert #AltiusInvestech #investment #Stocks #FinancialMarkets #Investment #StockMarketNews

Last week, the combined market valuation of the top 10 most valued companies plunged by Rs 1,52,979.78 crore, with Reliance Industries and Tata Consultancy Services (TCS). #CompanyValuation #StockMarket #stockmarketindia #Investing #MarketValue #RelianceIndustries #TCS #StocksToWatch #MarketUpdate #IndianBusiness #FinanceWorld #MarketAnalysis 

Knowledge Series on SME IPO - Interesting PE Scenarios in Current Times Sunil K Pandey | Sumit Sharma The Institute of Chartered Accountants of India | Western India Regional Council (WIRC) of the ICAI WICASA Navi Mumbai Branch | RV CA NEELESH BAJAJ CA Arpit Kabra | CA SANJAY NIKAM | Dr G.Rameshkumar . . Ujwal Landge | Dhiraj Khandelwal MSME Business Forum India  | PN Shetty #sme #smeipo #smefinance #smelisting #cfoservices #finance #financing #financialanalysis #financialservices #business #opportunities #future

Knowledge Series on SME IPO - Interesting PE Scenarios on Current Times Sunil K Pandey | Sumit Sharma The Institute of Chartered Accountants of India | Western India Regional Council (WIRC) of the ICAI WICASA Navi Mumbai Branch | CA NEELESH BAJAJ CA Arpit Kabra | CA SANJAY NIKAM | Dr G.Rameshkumar . CA Ujwal Landge | Dhiraj Khandelwal MSME Business Forum India | PN Shetty #sme #smeipo #smefinance #smelisting #cfoservices #finance #financing #financialanalysis #financialservices #business #opportunities #future

Knowledge Series on SME IPO - Interesting PE Senarios on Current times Sunil K Pandey | Sumit Sharma The Institute of Chartered Accountants of India |Western India Regional Council (WIRC) of the ICAI WICASA Navi Mumbai Branch | CA NEELESH BAJAJ CA Arpit Kabra | CA SANJAY NIKAM | Dr G.Rameshkumar . CA Ujwal Landge | Dhiraj Khandelwal MSME Business Forum India | PN Shetty #sme #smeipo #smefinance #Smelisting #cfoservices #finance #financing #financialanalysis #Financialservices #business #opportunities #future