Satin Compelling Investment Story
Key milestones
Fund Raising Timeline
2015
2016
2017
2018
Raised Rs. 41.5 crore
from SBI FMO(3)
(including warrants);
Rs.37.9 crore infused
by Promoter Group
Raised Rs. 250 crore
via QIP in Oct'16;
Exit of DMP in Jul'16
and ShoreCap in
Aug'16
In Apr'17, raised $10
mn from ADB (4);
Investment of Rs. 35
crore by IDFC First
Bank (then Capital
First); Raised Rs. 150
crore via QIP in
Oct'17
Pref. Allotment:
Equity funding by
NMI (Rs. 20 crore),
and Kora Cap (Rs. 80
crore); Promoter
invested via FCW (Rs.
60 crore), IndusInd
invested Rs. 45 crore
via OCCRPS
2013
2012
2011
2010
2009
2019/20
Exit of MV Mauritius
■
Raised Rs. 120 crore
by Rights Issue
2008
Raised Rs. 30 crore
from DMP, ShoreCap
and MV Mauritius
Ltd; Rs.11 crore
infused by Promoter
Group; Exit of Lok
Capital
" Raised floating rate
long term unsecured
Tier II debt in Jul'14;
Raised Rs. 28.4 crore
of equity from NMI
and $10 mn of debt
from World Business
Capital as ECB
Raised Rs. 18 crore
from Danish Micro
Finance Partners K/S
(DMP) in Feb'11
Raised Rs. 2.5 crore
from Lok Capital in
Nov 10 and Rs. 21.8
crore from ShoreCap
Il in Dec'10; Rs. 7.7
crore infused by
Promoter Group
Raised Rs. 1.9 crore
from Lok Capital
First private equity
investment
Raised Rs. 4.87 crore
from Lok Capital; Rs.
1 crore infused by
Promoter Group
Note: (3) SBI FMO Emerging Asia Financial Sector Fund Pte. Limited; (4) ADB - Asian Development Bank
SATIN
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