Strategic Investments

 

Over the past few years, Jina Ventures has emerged as a leading player in Indian private equity through a variety of compelling investments in Auto Components, Infrastructure and Consumer companies. Jina has also emerged as a key conduit and investment banker for leading Indian companies.  The following is a sample of Jina’s India portfolio.

 

HWL Pvt Ltd
www.hwl-ltd.com

Based in Singapore and capitalized by private wealth from Japan, HWL Private Limited is led by Mr. Chris Hosokawa, a pioneer of private equity investments in emerging markets. HWL Pvt Ltd manages the private wealth of several prominent families in Japan and Singapore and provides capital resources and Asia expertise to the Jina Ventures portfolio. HWL Private Limited led the anchor investment in the first fund of Jina Ventures.

 

 

Uma Precision Limited
www.umaprecision.com

Founded in 1979, Pune Based Uma Precision is the market leader in manufacturing precision assemblies, systems, machines and press parts for OEMs. Diversified, Uma alßso features a branded retail chain for coil foam mattresses for automotive and private use. The company boasts over $20M top line revenue and one of the most profitable operations in India. The Company is nearing its IPO on the Bombay Stock Exchange. Jina Ventures and H&M invested originally invested in Uma in September 2005, with a follow-on investment in July 2006. Jina Ventures exited its investment in Uma in 2007.

 

Liners India Limited
www.linersindialimited.com

Based in Vijaywada, Liners India Limited is one of India’s largest manufacturers of Centrifugal Cast Liners for I.C. Engine Applications, a $1 Billion industry in India and $40 Billion industry worldwide. The company features over 400 employees, $10M in hard assets and a $3M back log of orders for premium liners. Its clients include international giants John Deere and Triumph and Indian giants TATA and Mahindra. Management is industry leaders in quality control management. Liners is currently a private limited company with an IPO planned for early 2008. Jina/H&M invested in December 2005. Jina Ventures partially exited its investment in Liners India in December 2009.

 

Shree Ganesh Forgings
www.shreeganeshforgings.com

Listed on the Bombay Stock Exchange, Shree Ganesh Forgings is a leading auto components manufacturer in India. The Company’s strength lies in their wide range of forgings products like flanges, fittings, forge valve to automobile spares etc. The Company has achieved remarkable growth in exports, with major customers across the top 10 automobile companies. Jina Ventures exited its investment in Shree Ganesh Forgings in 2008.

 

KEI Industries
www.kei-ind.com

Listed on the BSE, KEI industries limited is an established player in the power cable segment and among the largest cable manufacturing companies in India. KEI industries limited manufactures high and low tension cables, control and instrumentation cables, house wires and stainless steel wires, and high-technology specialty cables. Jina exited the PIPE investment in 2006.

 

 

Universal Power Transformers
Pvt Ltd
www.unitransformers.com

Founded in 2002, Bangalore based UPT is the leading privately held transformer manufacturer in India. Serving the power industry in India and international markets with a fully integrated solution to power distribution, UPT has the highest profit margin of any company in its industry. Management includes former CEOs from the Kirloskar Group, one of the most prominent industrial groups in India. UPT is positioned to acquire several facilities in India & the US and will look to an IPO in India in late 2007. Jina/H&M invested in UPT in April 2006. Jina Ventures exited its investment in UPT in 2007.

 

Lok Housings & Construction Limited
www.lokhousing.com

Based in Mumbai, Lok Housing and Construction Limited has over 2 decades of experience constructing affordable and innovative housing for the masses in the urban cities of India. Lok Housing is currently the 4th largest landowner in Mumbai and is currently executing tremendous SRA (Slum Rehabilitation Authority) projects throughout the city. The company currently boasts a land bank of 1222 acres, with 62.5M sq ft of potential development in Mumbai, Bangalore and Delhi. The company is currently listed on the Bombay Stock Exchange.

 

Karuturi Global Limited
www.karuturi.com

Listed on the BSE, Karuturi is the world’s largest producer of cut roses with an area of over 200 hectares under Greenhouse cultivation and an annual production capacity of around 500 million stems. Its produce is exported to markets, Europe, the Middle East and North America. It also has interests in agribusiness, where it has taken up cultivation in Ethiopia. Its other business interests include food processing, floriculture retailing, and information technology. Jina exited the PIPE investment in 2008

 

Take Solutions Inc 
www.takesolutions.com

Based in Chennai and USA with offices in nine countries, TAKE Solutions is a leading international business technology company with products backed by a strong domain expertise to provide cost-effective comprehensive solutions for businesses. Jina Ventures invested in the IPO placement of Take Solutions in August 2007 and has since exited its investment.

 

Havell’s India Limited
www.havells.com

Listed on the BSE and NSE, Havells India Ltd. is one of the largest electrical and power distribution equipment manufacturers in India with products ranging from Industrial & Domestic Circuit Protection Switchgear, Cables & Wires, Motors, Fans and Power Capacitors, covering the entire gamut of household, commercial and industrial electrical needs. Jina exited the PIPE investment in 2008.

 

 


Crew BOS Ltd
www.crewbos.com

Listed on the Bombay Stock Exchange, Crew BOS is a one of India’s leading manufacturers of textiles and fashion accessories. With current clients who include Coach, Armani, Old Navy, Gap and Fossil, the Company features a CAGR of over 55% and revenue over $50M USD in 2007 

 

MakeMyTrip Private Limited
www.makemytrip.com

Initially funded by Rupert Murdoch’s eVentures, MakeMyTrip.com is India’s market leader in online travel. Booking over $30M in revenue over the last year with profitability, MMT is poised for tremendous growth over the next few years. MMT is led by seasoned managers with North American Fortune 500 experience and local Indian expertise as well as both a vision for growth and excellent execution capabilities. MMT is currently positioned to dominate both the domestic and international Indian travel markets. MMT has been financed in the last year by SoftBank Asia Infrstructure Fund, Gabelli and other top investors. Jina Ventures played a critical role in developing MMT’s business plan and financing strategy.