Fund announces first closing and makes first investment immediately
Pantomath Capital Management Private Limited, sets up India Inflection Opportunity Fund, a pre-IPO fund of up to Rs 500 crore ($70 Million)
The Fund announces first closing with participation by marquee anchor investor(s), as also makes maiden investment immediately
With several distinguishers, the Fund would be investing in mid-market businesses on the verge of big-bang breakout, that are at pre-IPO stage
Mumbai, NFAPost: Pantomath Group announces first closing of pre-IPO fund, India Inflection
Opportunity Fund (“IIOF” or “Fund”), with a target to raise Rs 500 crore (plus additional greenshoe of Rs 250 Crore) in its maiden close-ended series.
Simultaneous to the first closing, the Fund has confirmed to have made its first investment as well, demonstrating the steady opportunity line-up.
IIOF, a category II Alternate Investment Fund (‘AIF’), is managed by Pantomath Capital Management
The Fund aims to harness the opportunity of investing at pre-IPO stage in Indian growth-stage businesses that are on the verge of a big bang breakout, thus investing with a clear focus on value arbitrage (without taking long term risk).
The Fund shall invest in diverse pre-IPO opportunities, aligned with India’s rising economy, in three broad themes: (a) Make in India; (b) Rural Consumption, and (c) Impact investing.
The Fund has announced its first closing of about 25% of its target corpus, with participation by marquee anchor investor(s). The Fund has received investment participation from global & domestic family offices and high net-worth investors.
Pantomath Group Cofounder and Executive Director Manager Madhu Lunawat who is also IIDF fund manager said India Inflection Opportunity Fund is focused on under-penetrated businesses with established foundation and visible growth trajectory.
“We would like to focus on huge addressable market opportunity avoiding ventures with negative cash flows and bleeding balance sheets. Our India Inflection Opportunity Fund will provide the growth capital to various enterprises through active ownership approach,” said IIDF Fund Manager Madhu Lunawat who is also Pantomath Group Cofounder and Executive Director Manager.
IIDF Fund Fund Manager Madhu Lunawat has over two decades of experience spanning across investment management, corporate finance, asset reconstruction, M&A, due diligence and treasury operations. By qualification, Manager Madhu Lunawat is a rank-holder Chartered Accountant and CFA Level II (AIMR, USA).
Prior to founding Pantomath, Madhu Lunawat worked with leading corporates, viz., Infosys, ASREC and Edelweiss. A quick decision maker, straight forward and no-tolerance manager, Madhu is known for her picks as also exits.
The Fund has made its first investment alongside the first closing, in a specialty chemical CSM company, Inventys Research Company Private Limited (“Inventys”).
Inventys is a research-driven speciality chemical company with a focus on custom synthesis & manufacturing (CSM). The Company’s product portfolio comprises advanced intermediates, actives in
agro-chem and pharma.
Inventys has developed capabilities of critically complex chemistries, backed by 6 state-of-the-art manufacturing plants and R&D facility at Nagpur spread across 7 acres. The plants are fully backward integrated up to widely available intermediates, mitigating China dependency.
The Company has acquired 17 acres of additional land which can house 30 additional plants. Inventys caters to a large global MNC innovator customer base and possesses a long term business relationship with them.
Handling highly complex multi-step synthesis backed by world-class R&D and advanced flow chemistry process engineering, the Company presents extreme high entry and exit barriers to trade.
Speaking on this, Fund Manager Madhu Lunawat said the company is impressed by the depth, speed & execution capabilities of Inventys team.
“We are glad to participate in a company like Inventys, which is run by extremely professional and highly learned promoters with long-standing impeccable business relationships with global giants,” said IIDF Fund Manager Madhu Lunawat.
Representing a true ‘made in India and make for the world’ solution for global markets, substituting imports and fostering exports, Fund Manager Madhu Lunawat said Inventys scores optimum in its Fund
parameters of inflection opportunities making an impact.
The Fund has a distinguished investment strategy coupled with periodic payouts to investors, besides
targeting healthy terminal returns. Deloitte is the statutory auditor of the Fund. The Fund has eminent Board of Advisors too.
Pantomath Group is one of the fast-growing financial services groups with a global presence. Established on December 5, 2013, the Group has, within a short period, attained a leadership position in alternate capital market space.
Over a period of time, Pantomath has emerged as one of the leading mid-market investment banks. It is one of the largest private networks, having direct connections with 5000+ businesses, attracting leading investors on one hand and arranging global business synergies and growth capital to corporates on the other.
The Group has forayed into fund management, NBFC and other financial services. Pantomath has to its credit several prestigious awards and accolades. Pantomath actively contributes in policymaking and market reforms and the Founders represent on various trade bodies, expert groups / committees including those set up by Government, SEBI and Stock Exchanges.