Anup Kapadia

Investment Banking – Designated Partner

Anup Kapadia is a post graduate in Management Studies from Jamnalal Bajaj Institute of Management Studies (1993) and graduate in commerce and economics from Sydenham College, Mumbai (1991). Anup worked with Kotak Mahindra (1993-1997) Infrastructure Leasing and Financial Services (1998-00) and HSBC (2001-2007), N.M. Rothschild and Sons (India) Limited (2007-12)

Anup has assisted clients in strategic situations such as acquisitions, equity raising, listing in capital markets, stake enhancements, project advisory, joint ventures, disposals and corporate structuring. Some of the clients for Anup has worked for are Aditya Birla Group, Advent International, Adventz Group, Ajay Piramal Group, Carlyle Group, CK Birla Group, Godrej Agrovet Ltd Government of Andhra Pradesh, HNG, Jet Airways, , Larsen & Toubrao, Maruti Udyog Limited, Rane Group, Raymonds Ltd, Reliance Industries Ltd, Sanmar Group, Siemens.

    Relevant Sector Experience
  • Buyside for a Big Pharma MNC for India’s # 1 pain and inflammation brand
  • Buyside for Ratiopharm for a manufacturing asset in India
  • Buyside for TPG to acquire Shantha Biotech
  • Initial Public Offering of Biocon Limited
  • Financing Wockhardt Limited on the acquisitions of Espharma and Pinewood
  • Advised a US biotech & domestic vaccine player on a merger involving two domiciles.
  • Joint Venture between Arkray Japan and Piramal Group for Diagnostics
  • Buyside for Advent International on its proposed investment in Wockhardt Hospitals
  • Buyside for Piramal Group on its bid to acquire AAI Pharma, US
  • Buyside for USD 350 m Bentley Pharma, a US Listed generics Company
  • Sale of Vetnex, an animal health business to Pfizer
  • Sale of RFCL’s lab chemicals business to Avantor
  • Buyside for a Big Pharma Multinational for Paras Pharmaceuticals
  • Buyside for an Indian player its bid for a dermatology speciality pharmaceuticals business
  • Sale of Bremer Pharma Gmbh to Zydus Animal Health Limited

  • Sellside for India’s second largest diagnostics reagents company on strategic options
  • Sale of Care Hospitals to Advent. Asia Venture Capital, Deal of the year 2012
  • Financing Torrent Pharmaceuticals on the acquisition of Elder Pharma Brands
  • Strategic advisor to Promoters of RGE Medical Associates & Global Hospitals Private Limited (Gleneagles)

    • Prashant Shah

    Investment Banking – Designated Partner

    A Chartered Accountant, Advanced Diploma in Management Accounts, Finance and Costing from CIMA (UK); Masters in Commerce and CFA (USA) Level I cleared, Prashant has always been a people’s person with a balanced equation of patience and deliverables

      Overview
  • Strong Business and Management Acumen
  • Decent Industry network: Investors, Promoters and Subject Matter Experts
  • 12+ years of relevant experience into various areas of Strategy, Board Matters, Mergers & Acquisitions, Legal Drafting and review during Due Diligence and Transaction closure
  • Share Purchase Agreements related discussions, negotiations and closures
  • 6+ years in International roles and travelled more than 20 countries
  • Part of M&A integration teams for a number of acquisitions globally
  • Regional finance role for 5+ years, responsible for different countries across Asia & Europe


      • Past Corporate Experience:
  • FMCG : Mondelez International Private Limited (October 2017 – Feb 2019)
  • Pharma : Watson Pharma Private Limited: (November 2010 – September 2017) (Watson – Actavis – Allergan – Teva)

    • Ayush Chaplot

    Investment Banking

    Ayush was a Co-owner of the Rithas: a beverages and shakes company. His professional background informs his role as a core team member for the Social impact and Transportation startup Driver Bandhu. He has worked with startups in the fields of Agri-tech, Ed-tech, Logistics, and transportation from the pre-seed through growth stages.

      Overview
  • Support to Category 1 AIF (Hearth Ventures) for maintaining Deal Flow, Raising Capital from Limited Partners (LP) and MIS
  • Sell side for a Private sector IPP in Northeast India – 110 MW.
  • Sell Side and Buy Side Transaction Advisory (Healthcare, Pharma & Lifesciences, EdTech,Logistics)
  • Business Development – Agritech business (Astarc Ventures), Logistics & transportation Business (Parsel Exchange)
  • Assisting clients prior to/ during due diligence by setting up data rooms, raising private equity finance and research requirements related to M&A transactions
  • Develop acquisition strategy: Identify funding sources, Create target evaluation process, Identify acquisition team, Identify integration team
  • Working alongside the management team to facilitate the NCLT process: Provide valuation guidance, Present indication of interest, Negotiate letter of intent
  • Transaction Execution: Negotiations, Coordination for Legal Document Drafting, Resolve open issues, Close transaction
  • Network and maintaining relationships with management, CXO’s, senior bankers and investors for Business development

    • Sagar Dalvi

    Valuation Associate

    CFA (US) Final Candidate

    Sagar has extensive and profound knowledge and experience of conducting analysis and audits of various companies. He has performed Statutory Audits, Limited Reviews and Internal Audits for clients from diversified industries like manufacturing, chemicals and pharma sectors. He has developed an in-depth understanding and robust technical knowledge of Accounting, Valuation and Financial modelling by rigorous research and study. Has great analytical skills, effective communication and presentation skills which have helped him in completing assignments related to pitchbooks and valuation of debt and equity of various companies.

    Sagar believes in giving back to the society, thus he was an integral part of ‘Pehchaan’ an initiative by Rotaract Club of Mumbai Shivaji Park for educating the underprivileged children and also engaged in tutoring.

      Overview
  • End to End Preparation of Valuation Reports
  • Industry Research
  • Preparation of Financial Models
  • Transaction Execution: Coordination for Legal Document Drafting

    • Contact Us

    You can reach out to us in the following ways:

    Email us directly at [email protected] we’ll discuss these deals once a week and get back to you if we find the proposition interesting. You can speak to our founders, understand more about us. We definitely provide more weightage to these deals.

    You can schedule a chat with anyone from our team