QIP Raising for an Infrastructure Co.

Abstract

This report reflects my enriching experience at MWH Holdings which I gained during summer internship. I was an Investment Banking Associate. MWH Holdings is an investment banking firm handling 152 FII clients. It is operating from Mumbai having registered office in Singapore. It has presence in Hong Kong, Singapore, Dubai, Houston, Mumbai, and Bangalore. It was founded by Mr. Chetan Patel in 2009. The firm is responsible for sourcing, manufacturing, developing, managing, and marketing alternative investment products/investments. Our project was to raise 250 cr. through QIP for XYZ Ltd (original name could not be disclosed due to NDA) which is a Mumbai based Infra structure company mainly handling civil transportation projects. It majorly has government projects. Internship at MWH Holdings taught me to perform financial analysis while considering current scenarios. During these 2 months of internship I explored many new concepts to apply in my tasks like Blue ocean strategy, capacity planning etc. I was assigned a company named XYZ Ltd (original name could not be disclosed due to NDA). In order to understand the external environment of the assigned company, I performed SWOT analysis, ratio analysis, sensitivity analysis and Porter’s five force model. I prepared financial model, valuation model, equity research report, investor presentation and investor pitch for XYZ Ltd. My experience at MWH Holdings enhanced by analytical skills. Summer internship at MWH holdings provided me the opportunity of applying theoretical knowledge learned at IMNU in corporate world. Apart from enhancing my existing skills, I learned about new concepts.