India Business Excellence Fund - IIA (IBEF - IIA)
| Corpus : $102 million |
Vintage : 2012 |
| Focus : Indian mid-market growth capital |
Average Ticket Size : $8 - $15 million |
| Status : Active |
|
| Number of Investments : 10 |
|
IBEF - IIA, which closed its fund raise in September 2013, is a $102 million private equity fund.
It is a sector agnostic fund with a focus on providing growth capital to Indian mid market companies driven by sustainable economic growth of India in the next decade. The fund would follow disciplined investment process with a focus on structuring and valuation to ensure adequate margin of safety.
The Fund has made investments in four companies so far, of which one company is publicly traded. The fund is witnessing strong deal traction and aims to invest the corpus in 10-13 companies over the next two years.
IBEF - IIA Snapshot:
| Company |
Deal Type |
Description |
| Magicrete Building Solutions Pvt. Ltd. |
Private |
2nd largest player in the domestic AAC blocks segment |
| Intec Capital Ltd. |
PIPE |
One of the largest SME Equipment finance focused NBFC based out of North India |
| Glass Wall Systems Pvt. Ltd. |
Private |
Leading specialised EPC company in the field of design, manufacturing, supply and installation of architectural glass facade system |
| Shubham Housing Development Finance Co. Pvt. Ltd. |
Private |
One of the largest housing finance company focused on providing housing finance to customers with undocumented sources of income |
| Dairy Classic |
Private |
Amongst the top 3 players in manufacturing and selling ice creams and frozen desserts in the South Indian states of Karnataka and Tamil Nadu |
| Ganesh Grains |
Private |
One of the most renowned and largest staple food brands in East India with a strong presence in West Bengal. |
| Arrina Life Sciences Limited |
Private |
It is a pharma company focused on marketing products in the Central Nervous Systems (CNS) therapeutic segment in India |
| IKF Finance Limited |
Private |
It is geared to become one of the prominent South India focused multi product NBFC |
| Updater Services Pvt Ltd |
PIPE |
Among the top 5 players in the IFM space in India |
| Kurlon Enterprise Limited |
Private |
India's best-selling mattress company which provides a wide range of variety like coir mattress, foam mattress and spring mattress including different type of sleep accessories available on different platforms. |
| Indian Energy Exchange Limited |
PIPE |
India’s power trading platform |
