We have robustly positioned ourselves as a reliable partner for its stakeholders, i.e. clients, investors, and regulators, contributing in a measured way to India’s growth story
Ivor Misquith, Co-Founder & CEO
Merchant banking in India comes with its own share of hurdles. Navigating strict regulations, maintaining strong corporate governance, and meeting the varied expectations of investors, regulators, and companies can be daunting.
Furthermore, many clients come looking to raise capital but aren’t sure about the best way to do it, whether through IPOs, private funding, or other financial tools.
The SME IPO space, often led by stockbrokers, has sometimes struggled with inconsistent standards, which can shake investor confidence. So to say, balancing client goals, regulatory demands, and investor trust is no small task.
This is where Indorient Financial Services Ltd. offers a differentiated value proposition to prospective clients. Spearheaded by Soumya Kanta Padhi, Co-Founder & Managing Director, and Ivor Misquith, Co-Founder and CEO, the firm offers guidance and counselling on capital raising and growth strategy for small and mid sized companies.
Through its focus on transparency Soumya K Padhi, Co-Founder & Managing Director and completeness of disclosures, corporate governance standards, consistency in books and records, a clear, well-defined growth strategy, and a capital raising plan, the firm helps clients raise funds in a way that supports long-term success.
The firm positions itself as a reliable partner for its stakeholders, i.e. clients, investors, and regulators, contributing in a measured way to India’s growth story.
A Noteworthy Journey
The founders, with collectively 50+ years of experience in financial services with leading MNCs and Domestic f inancial Institutions, initiated the investment banking journey of the firm in 2019. The vision and objective was to offer professional advisory and capital raising services to small and mid-sized companies and to deliver best in-class services to its clients, investors, and regulators.
The firm works on the philosophy that any assignment that encompasses regulatory guidelines and external capital, needs to be executed with a high level of rigor and diligence and should attest to the scrutiny of India’s capital market regulator SEBI.
We have robustly positioned ourselves as a reliable partner for its stakeholders, i.e. clients, investors, and regulators, contributing in a measured way to India’s growth story
Accordingly, the team at Indorient Financial Services is a well-knit group of seasoned professionals (experienced and freshers) who carry the same philosophy and attributes in the execution of their responsibilities.
The team also partners with a strong network of intermediaries, namely Legal Counsels, Chartered Accountants, and Company Secretaries and such other Seasoned professional consultants who supplement the vision and the philosophy of the firm.
Adding to this, the firm also has the expertise and capabilities to raise capital across private (PE’s, VC’s) and public markets (IPO’s, FPO’s, etc.) across equity, debt, and structured instruments. In addition to capital raising, the firm also advises on business expansion and growth strategies, M&A transactions, Valuations, and other Corporate advisory services.
A Meticulous Approach
The firm prefers to work with clients and founders who have a vision and show a hunger and desire to expand and grow their business and need growth capital to fuel this ambition. Once the conviction is built on the growth prospects of the potential client, the Firm will guide and advise on the best approach to raise capital.
Given the expertise across fundraising instruments, the Firm will identify the appropriate strategy for the client to pursue, and once a consensus decision is made, the Firm will initiate the execution process.
The level of diligence carried out by the Indorient Financial Services and its partners needs to attest to the gold standard of execution as outlined at the firm. Nonetheless, the firm also realizes that MSMEs as a client category operate with quite a few constraints and challenges, i.e., low corporate governance, inconsistent books and records, lack of experienced personnel and advisors.
Therefore, the firm, as part of the execution process, primarily acts as a trusted partner to the client, ensuring a complete hand-holding of the client on this journey, offering required support and guidance on strategy and deployment of capital, governance standards, books and records, and improving the profile of the company with regulators and investors, overall.
“We focus on bringing unique, high-quality companies to the market, delivering real value for investors and founders while sticking to strong principles”, says Soumya K Padhi, Co-Founder & Managing Director, Indorient Financial Services.
A Proven Track record
“We don’t just raise capital, we help companies reset their journey, strategize for growth, and leverage the capital markets for long-term success”, highlights Ivor Misquith, Co-Founder & CEO, Indorient Financial Services.
Given the extent of the Firm’s involvement with clients and the vision to help Clients realize the full potential of a capital market decision, Indorient Financial Services will continue to be positioned as a ‘Boutique Investment Bank’ focussing on qualitative assignments.
The firm will measure its accomplishments based on (a) recurring touch points with existing clients and Investors (b) relationships built with business partners and (c) active engagement with the regulators.
On the Public markets, the firm has created a few noteworthy credits to its track record. For instance, one of the first bankers to have a Mutual Fund invest in an SME IPO, one of the first bankers with less than 10 completed issues to lead a +100 cr. fund raise, and first banker to list an HR Consulting company on the Indian Public Markets platform.
The firm counts each assignment as a journey and an experience with the Company and its Founders, each being a unique story that creates a lifetime of memories for the team to cherish in this journey.
A Robust Roadmap
At Indorient Financial Services, the team’s vision is to build an Institution that serves the requirements of Companies (both startups and mature companies), entrepreneurs, and Investors, to be delivered within the confines of the regulatory framework. The firm looks forward to engaging with companies that are shaping the growth of this country and who aspire to be global leaders.