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WHO WE
ARE
ValPro is an initiative of the ANG Group which runs diversified businesses ranging from natural stone retail, construction, travel to financial advisory.
Leveraging on core chartered accountancy experience of over 4 decades, ValPro was conceptualized and brought to market in 2005 to effectively serve mergers and acquisitions and investment banking requirements of our clients.
Our goal is to create value for all stakeholders – entrepreneurs, their companies and investors.
What We Do
01
Investment Banking Services
Fund raising and mergers & acquisition related services including PE funding, PIPEs/QIPs, secondary sale, acquisitions & divestures, JVs & collaborations, mergers & strategic tie ups, business plan & financial modelling as well as valuations and structuring.
02
Financial Advisory
Provide services in relation to taxation, compliances and structuring including due diligence, tax advisory, structuring and implementation, statutory compliances and post-closing monitoring.
03
Debt Syndication
Assisting corporates raise capital through debt including project finance, working capital loans, term loans, structured finance, letter of credit, non-convertible debentures
04
India Entry Services
Integrated services to understand the Indian market via services including primary/ secondary research, devising an entry strategy, designing suitable business structures (JVs/ partnerships/ subsidiaries), obtaining regulatory approvals and handling legal compliances, formulating taxation strategies and ensuring annual compliances as well as post India entry services (including accounting, auditing and administrative management of offices)
05
Research
Customized industry and company specific research with a scope which may include industry analysis, competitive landscaping, SWOT analysis, identifying potential targets, investment trends and valuations, company analysis vis-à-vis financial and operational metrics as well as their relative market positioning.
06
MIS & Process Improvement
Identifying opportunities for improvement, implementing changes, and measuring the impact in various key functions of the company. MIS reporting provides a concise view on vital parameters of the company. We help businesses streamline their information systems to provide meaningful data for analysis and decision making.
Management Team
A S Ujwal
A veteran of the oil & gas business with three decades of experience in the industry, Mr. Ujwal retired as Executive Director of Indian Oil Corporation. He possesses hands on industry experience in diverse areas ranging from pricing, operations, trade, shipping and marketing.
A S Ujwal
Indian Oil Corporation
I.S. Rao
With over 30 years’ experience in the Oil & Gas industry, Mr. Rao brings to ValPro in-depth expertise in LPG, LNG sourcing and marketing as well as projects in LNG, LPG and pipelines. Having held Executive Director positions for LPG, LNG and Corporate Planning at BPCL, he also held board level positions in other oil & gas companies such as Indraprastha Gas Limited and GSPL Gasnet.
I.S. Rao
P. K. Yadav
With over 30 years’ experience in the Oil & Gas industry, having held senior positions in Indian Oil Corporation, Mr. Yadav possesses extensive experience in LNG sourcing and marketing as well as project experience in construction and commissioning of LNG terminals and pipelines. Mr. Yadav also brings expertise in retail marketing of fuels and automation of retail networks.
P. K. Yadav
Archana Kalra
A Fellow Chartered Accountant, Archana has been associated with the company since its inception. With experience of more than two decades, she is known for her meticulousness and eye for detail. Specializing in taxation issues, both personal and corporate, Archana lends her expertise in taxation advisory, designing tax efficient structures and tax compliance procedures.
Archana Kalra
Tax Structuring/ Financial Advisory
Sumit Aggarwal
More than seven years of experience in Audit, Due Diligence and Deal Making across Private Equity, M&A and Structured Finance. Sumit has well rounded experience throughout Management Consulting, Negotiation, Valuation and Project Execution and client relationship management. Before joining ValPro, Sumit worked with KPMG in the M&A division.
Sumit Aggarwal
Chartered Accountant, KPMG
Anshuman Khanna
Anshuman Khanna is a Chartered Accountant and Lawyer by qualification possessing over 10 years experience in investing across asset classes, including real estate, listed equities, private equity and commodities. Having been actively involved in diverse areas of business including investment banking, real estate, international trade and shipping, Anshuman supplements investment acumen with hands-on experience of transaction execution, structuring, legal documentation, and international market and macro perspectives. Anshuman has advised on investment transactions valued in excess of USD 1 bn in areas ranging from education, oil & gas, shipping, real estate and cement. Anshuman has also held board positions in various companies including mining, oil trading, garments export and power generation.
Anshuman Khanna
Chartered Accountant, LLB, Shardul Amarchand Mangaldas
Chaitanya Gadia
An alumni of Shri Ram College of Commerce and a Chartered Accountant (Rank Holder), Chaitanya has experience in Taxation from Ernst & Youngand Capital Markets from JM Financial. He has worked on clients such as AT&T, Verizon, Bharti Airtel & Vodafone (during acquisition of Hutchinson) as well as the TATA Motors DVR issue to name a few. Chaitanya is well entrenched into the real estate sector having hands-on experience in the ultra-luxurious residential development space. He also has an avid interest in the stock market, thereby, actively tracking and investing in equity stocks.
Chaitanya Gadia
Chartered Accountant, Ernst & Young, JM Financial
Neha Khanna
Neha Khanna possesses experience in the field of investment banking, financial advisory, internal audit and risk management. After completing her Chartered Accountancy, Neha pursued an MBA from Said Business School, University of Oxford. She worked with PwC India prior to joining ValPro. She is committed to building an eco-system for accelerating the growth of start-ups and SMEs in India. Her experience in end-to-end transaction execution enables her to understand different perspectives of clients’ needs.
Neha Khanna
Chartered Accountant, MBA (Oxford University), Pricewaterhouse Coopers
Our Value Proposition
One Stop
Solution
We believe in delivering end-to-end solutions to our clients for all transactions by the synergistic working of various divisions of ValPro. We bring together a holistic solution for your needs ranging from investment advisory, legal and tax structuring, secretarial services, bridge financing solutions to process improvement, accounting and financial reporting services.
Boutique Set up – Tailor Made Approach
We offer a boutique experience to our clients by investing time to provide tailor-made solutions for each assignment. Client requirements and timelines are thus, of paramount importance to us. Our senior management remains closely involved in achieving meaningful outcomes and dedicated resources ensure personalized attention and meticulous execution of assignments.
Our Entrenched
Relationships
We enjoy the advantage of sharing noteworthy relationships with a wide gamut of professionals, investors and corporates which are leveraged in rendering services to our clients. These include industry veterans, subject matter experts, technical and legal associates, in-house tax consultants, institutional investors (PE/VCs) and leading corporates/PSU bodies.
Transactions
* Due to confidentiality, we are restricted from sharing details of all transactions. Please contact in case any further information is desired.
Oil & Gas
2021
Not Disclosed
350 tonnes per day
CBG plant
2020
Not Disclosed
JV with
IOC
2019
Not Disclosed
City Gas Distribution
IX bidding
2019
Not Disclosed
Bitumen terminal
development
2019
Not Disclosed
Mundra LPG
Terminal
2019
Not Disclosed
Cross-border LPG
trade
2018
$1200 mn.
Regasification agreement For dharma lng terminal
2017
Not Disclosed
Indian entry & business development
2017
Not Disclosed
Regasification agreement For dharma lng terminal
2015
Not Disclosed
Product swap & hospitality agreement
2015
Not Disclosed
Acquistion of engineering services company
2014
$ 500 mn.
FPSO
Placement
2013
S 250 mn.
Paradip refinery
project
2012
Not Disclosed
Joint venture for city gas distribution
2008
$ 15 mn.
Gabon upstream asset acquistion
2001
$ 500 mn.
SBM
development
Education & Hospitality
2021
$ 6.5 mn
Series A led by Tomorrow Capital
2019
Not disclosed
Sale of Pearl International Tour & Travels to Ebix
2018
Not disclosed
Sale of niche
travel business
2018
Not disclosed
Debt restructuring
advisory
2016
$ 1 mn
Series A from Michael & Susan Dell Foundation
2014
Not disclosed
Acquistion of leading
university
2013
Not disclosed
Financial & tax due diligence partner for school acquisition
2012
Not disclosed
Acquisition of a leading fashion institute
2011
$ 20 mn
Private equity
placement
Power & Infrastructure
2020
Not Disclosed
Acquisition of Odisha Power stake
2013
$ 10mn,
PIPE
investment
2012
$ 15 mn.
Acquistion of instrumentation
company
2012
Not Disclosed
Market survey & India
entry
2009
$ 100 mn.
Pre-IPO
placement
2005
$ 100 mn
Port service
agreement
Consumer & Consumer Internet
2021
$ 10.2mn
Series A fundraise from SIG & Omidyar Network
2017
$ 3 mn.
Series A for a lifestyle ecommerce company from Centrum
2017
$ 1 mn.
Pre series A for a coffee company from Family Offices
2017
Not disclosed
Seed round for a quick service restaurant chain from HNIs
2016
$ 2 mn.
Series A for a refurbished e-commerce company from JSW & Omidyar
2015
Not disclosed
Seed round for an online e-magazine and luxury e-commerce portal
2015
Not disclosed
Pre series A for an online aggregator of home-cooked food
Technology
2020
Not Disclosed
Content management startup Text Mercato raises funding
2020
Not disclosed
New age digital media firm Rusk Media raises seed funding
2019
Not Disclosed
Secondary from family offices and HNIs
2019
$ 1 mn.
Fund raise for a retail analytics company from Cornerstone Venture Partners
2019
Not disclosed
Seed for a fintech company from Astarc Ventures and HNIs
2018
$ 1 mn.
Pre-series A round for a health tech company from Thinkuvate & SRI Capital
2018
Not disclosed
Pre Series A for a drones company from Growx & 500 Startups
2016
$ 2 mn.
Series A round for a budget accommodation aggregator
2016
$ 1 mn.
Seed round for a drones company from HNIs
2016
$ 1 mn.
Seed round for a waste management company
2016
Not disclosed
Seed round for an edtech company
Others
2021
Not Disclosed
Secondary stake
acquisition
2015
Not Disclosed
Sale of ship chartering
business
2013
Not Disclosed
Business
collaboration
2012
Not Disclosed
Demerger
advisory
2011
$ 1 mn.
Pre-series A in IT security company
2011
Not Disclosed
Partnership deed with the euro group
2010
$ 100 mn.
Acquisition of fertilizer
company
2009
$ 3 mn.
Pipe
Investment
2007
Not Disclosed
Investment research -
Reliance
2004
$ 25 mn.
Acquisition & open offer advisory
ValPro Insights
UNIFIED GAS TARIFF – WHAT IT ENCOMPASSES (IN SIMPLIFIED TERMS) & IMPLICATIONS FOR THE INDIAN GAS SECTOR By Anshuman Khanna
1. BACKGROUND 1.1. The Petroleum & Natural Gas Regulatory Board (PNGRB) is the regulator for various matters including the regulation of cross-country gas pipelines in India. 1.2. Cross-country gas pipelines serve the purpose of transporting domestic gas from source fields to consumers as well as imported regasified LNG (R-LNG) from