For over two decades Intensive Fiscal has transformed the way traditional owned businesses operate in India and has helped companies foray into the global market spectrum. Based in Mumbai, Intensive Fiscal has an illustrious client base that includes 300 Groups across 60 cities and more than 100 of them are traditional promoters like Haldirams,Gokul,Bikaji, Lotus dairy and Akash Namkeen among others.
In 2007, the company has also ventured into investment banking – IPO market with the maiden IPO of Gokul Refoils& Solvent Ltd of Rs. 140 crores which subscribed more than 4 times in the worst market conditions of May 2008 post debacle Reliance Power-IPO. In fact, last year they have done an IPO for Bharat Wire Rope. At present, the company offers a gamut of services that include private equity, where they have raised capital for growth-oriented companies ranging from INR 50 crores transaction to INR 500-600 crores and have completed more than 14 transactions till date. Also, the firm is one of the highest open offer handling companies in India, where they have handled more than 36 open offers and takeovers. In addition to this, Intensive Fiscal offers services in debt syndication, where they have done more than half a billion dollar worth transactions across sectors. The firm also offers services in the corporate advisory division where they cater services right from the merger, to amalgamation, demerger, spin-off, joint venture, family settlement, and family succession planning. Over all, Intensive Fiscal offers end-to-end solutions to its clients and acquires project on a turnkey basis starting from conceptualization of the merger to getting an approval from the court& various applicable authorities.
Breaking Barriers – Building a Sustainable Future
Intensive Fiscal's presence in the consultancy space leads us to a classic case study of Akash Namkeen, a 100-year-old traditional business
company based in Indore is the most famous regional brand at central India in the Snacks & Sweets, today the company has been acquired by Haldiram Group and all the transaction, syndication and advisory services was effectively handled by Intensive Fiscal. Dhirender Kumar Surana aka D K Surana, Chairman & Director, Intensive Fiscal Services, elaborating on the synergy of the business says “We offer one of the unique services when compared to other competitors in the market. Right from the multi-state company, we escalate them to becoming a national company and from there we take them to the global market. This is what we do and this is all possible because, we provide them a clear insight into the future possibilities of the lifecycle of the project, be it in terms of private equity, open offers, debt syndication, IPO and corporate advisory services.”
Continuous Growth & Progress...
Intensive Fiscal offers end-to-end solutions to its clients and starting from conceptualization of the fundraising, Group structuring viamerger/ demerger/ slump sale, making company marketable /Investor friendly for Private Equity and later taking it to Public via IPO further to Global level through Joint ventures/Strategic Alliance/M&A and also creating wealth for its stakeholders
From a mere two member team during their initial stages, to 27 member team, at present the company has evolved by making its mark in the Industry. The team consists of eminent professionals and industry veterans who are responsible for many success stories of their clients. D K Surana, concluding the roadmap ahead says, “Since we are more active in the M&A space, in the years to come, we will be partnering with few international firms, as this will have a definite impact to our clients business. Moreover, whatever be the challenges our clients face, be it fundraising, structuring, or advisory, we provide everything under one umbrella.”