Vascon Engineers Limited · NSE:VASCONEQ
Vascon Engineers — Shareholder Meeting (May 2017)
12 slides from Vascon Engineers's shareholder meeting presentation, May 2017
Slide 1: Vascon Engineers Limited EGM Presentation May 2017
Vascon Engineers Limited Heading towards better future... EGM Presentation May 2017
Slide 2: Agenda
Agenda 1 Fund Raising Details & Strategic Rationale of transaction 2 Focus Area & Business Plan 2
Slide 3: Vascon Engineers
Vascon Engineers .... Expertise across various types of buildings like Residential, Commercial, EPC Industrial, IT Parks, Hospitals, malls & multiplexes, Hotels etc One of the leading EPC Delivered approx 34 million sq ft across 200 projects since inception Company in India Capability to execu
Slide 4: Current Transaction Details
Current Transaction Details 1 Amount Raised Rs. 110 Crores 2 Instrument & Key terms Compulsory Convertible Debentures (CCDs) to be converted in to equity shares within 18 months Conversion Price at Rs. 45.60 per equity share Coupon Rate of 17% p.a. 4 Investors Manan Finserve Private Limite
Slide 5: Rationale
Rationale The last four years were extremely tough for the company due to slow down in the real estate and the construction sector which resulted in reduced funding from banks thus impacting lot of projects This resulted in lower profitability, higher provisioning and significantly constrained t
Slide 6: Agenda: Focus Area & Business Plan
Agenda 1 Fund Raising Details 2 Focus Area & Business Plan 6
Slide 7: Affordable Housing: Huge Potential in India
Affordable Housing : Huge Potential in India …Government’s strong focus on housing for all Emphasis on Housing for All by 2022 Aim to build 50 million new low-cost houses over the next 5 years Incentivizing Affordable Housing by increasing project completion timeline to 5 years from 3 years
Slide 8: Vascon: Preparing to capitalize opportunity in affordable housing
Vascon : Preparing to capitalize opportunity in affordable housing EPC Business Real Estate Business Segment Focus Large civil contracts of affordable housing Focus on Affordable Housing projects High Value Government contracts Fast moving inventory mix 1RK, 1BHK and limited compact 2 BHKs
Slide 9: Affordable Housing: Future Launches
Affordable Housing: Future Launches 1 Katvi, Pune Foray into affordable housing project Total potential area of 4.6 lacs sq ft Land owned by Vascon 2 Talegaon, Pune Joint venture – Next launch in the affordable segment Total Potential area of 1.16 million sq ft 9
Slide 10: Strengthening the organisation: On-boarding industry leaders
Strengthening the organisation: On-boarding industry leaders 1 Amit Parsuramka Over 19 years of work experience in Sales, Marketing & Operations Management in Real Estate. Joined Vascon in May 2017 from Omkar Realtors, where he was Chief Marketing Officer. Prior to Omkar, was associated with Lod
Slide 11: Continue focus on generating cash by monetising identified assets
Continue focus on generating Cash by monetising identified assets …continue implementation of strategy of asset monetization Aurangabad Land Commercial Property in Kaledonia, Andheri Goa Hotel (43.83% stake) Flats in Vista (Nasik) Projects Appartments in ELA Projects Expected market value
Slide 12: Thank You
“Build Houses for Every Indian” Thank You