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                   Capital Markets Review
                                                                          Week Ending 24 April 2011


      §   Facor Alloys buys stake in BEC Power
           Facor Alloys has acquired controlling interest in BEC Power by paying a total
           consideration of INR 160 million. BEC, an independent power producer is in the process
           of setting up a 600 MW thermal power project in the state of Chattisgarh state for which it
           has received various clearances from concerned regulatory authorities.

      §   Yatra.com receives INR 200 Crore in funding to Fuel Growth
           Yatra Online Private Limited (‘Yatra.com’), India’s leading online travel company, has
           raised INR 200 Crore from blue chip investors including Valiant Capital Management,
           Norwest Venture Partners (NVP) and Intel Capital. The investment will help accelerate
           Yatra.com’s growth plans by enabling the company to increase sales and marketing
           activities, expand its hotels and holidays business and selectively pursue strategic
           acquisitions. Yatra.com provides reservation facility for more than 3,800 hotels across 336
           cities in India and over 90,000 hotels around the world. Yatra.com partners with domestic
           and international airlines to offer flight-booking services at the best rates.

      §   iProf to get INR 22 Crore from Norwest Ventures
           iProf Learning Solutions India, offering personal education tablet and chain of Wi-Fi-
           enabled e-learning centres, has secured INR 22 Crore in series A funding from Norwest
           Venture Partners (NVP) and IDG Ventures India (IDGVI). The capital will be used to fuel
           expansion of iProf’s e-learning centres (iProf iStudy Zones) in metros and tier II and III
           cities throughout India and abroad. Besides, it will also launch a large number of new iProf
           products with partnerships with professors.

      §   Avigo Capital Invests INR 100 Crore For 9.27% In Super Religare Labs
           Avigo Capital Partners, an SME focused private equity fund, has picked up 9.27% of the
           post investment equity share capital of Super Religare Laboratories Ltd (SRL) for INR 100
           Crore in a pre-IPO deal. Avigo's investment will value the company at close to INR 1,078
           Crore (pre IPO). Avigo-SRL deal is the first pre-IPO deal in a diagnostics services space.

      §   Providence Equity Partners Invests INR 260 Crore In UFO Moviez
           Providence Equity Partners, a global PE firm specialised in investments in media,
           entertainment, communications and information services companies, has put in around
           INR 260 Crore in a mix of primary and secondary investment in UFO Moviez India Ltd.
           The PE fund will pick up a significant minority equity stake in UFO and will be the largest
           shareholder in the company. The company will use the monies raised to augment its
           growth plans in the Indian and international markets. UFO is targeting 4,000 screens in
           the next two year.

      §   Aditya Birla Group Acquires Swedish Pulp Maker For $340 Million
           Aditya Birla Group further strengthened its global position as the largest player in
           the fibre business by acquiring Domsjö Fabriker, a leading Swedish speciality pulp
           and bio-refinery company, through its two South East Asian fibre making arms
           Thai Rayon Public Company Limited (Thailand) and Indo Bharat Rayon




© Revival Investments           (O): +91 11 4378 5551 – 58                shweta@invest4revival.com
                                (F): +91 11 4378 5559                         www.invest4revival.com      1
            	
  
 
                    Capital Markets Review
                                                                                                  Week Ending 24 April 2011


           (Indonesia), for $ 340 million from a Swedish consortium. The group that has been
           active in buying out assets and companies in various fields of commodities has
           already sewn deals aggregating over $1.4 billion since Jan’2011.

      §   Aditya Birla Chemicals Buys Kanoria's Chloro Chem Arm For INR 830 Crore
           Another day, another slump sale of core business of a public listed firm. In a trend
           that has become distinct over the past two years where a public listed firm has
           sold its core business unit to another company, Kanoria Chemicals & Industries
           has sold its chloro chemicals division to Aditya Birla Chemicals (ABCIL), a
           subsidiary of metals giant Hindalco Industries for INR 830 Crore. The divison has
           annual capacity of 1,15,000 tonnes and generated revenues of INR 303 Crore for
           the year ended March’10.

      §   NIIT Disinvests Subsidiary For $7.3 Million
           NIIT, a leading global talent development corporation and Asia’s largest IT trainer,
           has divested entire holding in its non-operating, wholly owned subsidiary company
           Neo Multimedia (formally known as NIIT Multimedia) to Earth Infrastructures and
           its nominees for a total consideration of $7.3 million. While NIIT has sold off its
           multimedia division, its closest domestic comparable Aptech is only scaling its
           multimedia division – Arena Multimedia.

      §   Sensex, Nifty gained 1% over the week
           Sensex gained 1.1% and the S&P CNX Nifty index 1% over the week. The 30-share BSE
           Sensex rose 215 points or 1.11%, to close at 19,602. Strong monsoon prospects and
           revived growth in exports aided the market, even as rising food inflation numbers and
           less-than expected earnings growth by companies tried playing spoilsport.




           Disclaimer:
           The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
           accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits
           them the most. Sincere efforts have been made to present the right investment perspective. The information contained
           herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based
           upon it & takes no responsibility.




© Revival Investments                    (O): +91 11 4378 5551 – 58                               shweta@invest4revival.com
                                         (F): +91 11 4378 5559                                          www.invest4revival.com               2
             	
  

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Cmr 24 apr'11 revival investments

  • 1.   Capital Markets Review Week Ending 24 April 2011 § Facor Alloys buys stake in BEC Power Facor Alloys has acquired controlling interest in BEC Power by paying a total consideration of INR 160 million. BEC, an independent power producer is in the process of setting up a 600 MW thermal power project in the state of Chattisgarh state for which it has received various clearances from concerned regulatory authorities. § Yatra.com receives INR 200 Crore in funding to Fuel Growth Yatra Online Private Limited (‘Yatra.com’), India’s leading online travel company, has raised INR 200 Crore from blue chip investors including Valiant Capital Management, Norwest Venture Partners (NVP) and Intel Capital. The investment will help accelerate Yatra.com’s growth plans by enabling the company to increase sales and marketing activities, expand its hotels and holidays business and selectively pursue strategic acquisitions. Yatra.com provides reservation facility for more than 3,800 hotels across 336 cities in India and over 90,000 hotels around the world. Yatra.com partners with domestic and international airlines to offer flight-booking services at the best rates. § iProf to get INR 22 Crore from Norwest Ventures iProf Learning Solutions India, offering personal education tablet and chain of Wi-Fi- enabled e-learning centres, has secured INR 22 Crore in series A funding from Norwest Venture Partners (NVP) and IDG Ventures India (IDGVI). The capital will be used to fuel expansion of iProf’s e-learning centres (iProf iStudy Zones) in metros and tier II and III cities throughout India and abroad. Besides, it will also launch a large number of new iProf products with partnerships with professors. § Avigo Capital Invests INR 100 Crore For 9.27% In Super Religare Labs Avigo Capital Partners, an SME focused private equity fund, has picked up 9.27% of the post investment equity share capital of Super Religare Laboratories Ltd (SRL) for INR 100 Crore in a pre-IPO deal. Avigo's investment will value the company at close to INR 1,078 Crore (pre IPO). Avigo-SRL deal is the first pre-IPO deal in a diagnostics services space. § Providence Equity Partners Invests INR 260 Crore In UFO Moviez Providence Equity Partners, a global PE firm specialised in investments in media, entertainment, communications and information services companies, has put in around INR 260 Crore in a mix of primary and secondary investment in UFO Moviez India Ltd. The PE fund will pick up a significant minority equity stake in UFO and will be the largest shareholder in the company. The company will use the monies raised to augment its growth plans in the Indian and international markets. UFO is targeting 4,000 screens in the next two year. § Aditya Birla Group Acquires Swedish Pulp Maker For $340 Million Aditya Birla Group further strengthened its global position as the largest player in the fibre business by acquiring Domsjö Fabriker, a leading Swedish speciality pulp and bio-refinery company, through its two South East Asian fibre making arms Thai Rayon Public Company Limited (Thailand) and Indo Bharat Rayon © Revival Investments (O): +91 11 4378 5551 – 58 shweta@invest4revival.com (F): +91 11 4378 5559 www.invest4revival.com 1  
  • 2.   Capital Markets Review Week Ending 24 April 2011 (Indonesia), for $ 340 million from a Swedish consortium. The group that has been active in buying out assets and companies in various fields of commodities has already sewn deals aggregating over $1.4 billion since Jan’2011. § Aditya Birla Chemicals Buys Kanoria's Chloro Chem Arm For INR 830 Crore Another day, another slump sale of core business of a public listed firm. In a trend that has become distinct over the past two years where a public listed firm has sold its core business unit to another company, Kanoria Chemicals & Industries has sold its chloro chemicals division to Aditya Birla Chemicals (ABCIL), a subsidiary of metals giant Hindalco Industries for INR 830 Crore. The divison has annual capacity of 1,15,000 tonnes and generated revenues of INR 303 Crore for the year ended March’10. § NIIT Disinvests Subsidiary For $7.3 Million NIIT, a leading global talent development corporation and Asia’s largest IT trainer, has divested entire holding in its non-operating, wholly owned subsidiary company Neo Multimedia (formally known as NIIT Multimedia) to Earth Infrastructures and its nominees for a total consideration of $7.3 million. While NIIT has sold off its multimedia division, its closest domestic comparable Aptech is only scaling its multimedia division – Arena Multimedia. § Sensex, Nifty gained 1% over the week Sensex gained 1.1% and the S&P CNX Nifty index 1% over the week. The 30-share BSE Sensex rose 215 points or 1.11%, to close at 19,602. Strong monsoon prospects and revived growth in exports aided the market, even as rising food inflation numbers and less-than expected earnings growth by companies tried playing spoilsport. Disclaimer: The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. © Revival Investments (O): +91 11 4378 5551 – 58 shweta@invest4revival.com (F): +91 11 4378 5559 www.invest4revival.com 2