About Creixent Special Steels Limited
Creixent Special Steels Limited was incorporated on February 27, 2018, with the main object of carrying on the business of manufacturing, processors, refiners, smelters, makers, converters, finishers, importers, exporters, agents, merchants, buyers, sellers, dealers and traders in all kinds and forms of steels including tools and alloy steels, stainless and all other special steels, iron and other metals and alloys, all kinds of goods, products, articles or merchandise whatsoever manufactured wholly or partly from steels and other metals and alloys.
The Company has its Registered Office at QR No. 50-51, Park Avenue Colony, Jindal Road, Dhimrapur, Raigarh – 496 001, Chhattisgarh. The Company is an Associate of JSW Steel Limited and a Subsidiary of AION Investments Private II Limited. 48% of the Equity Share Capital of the Company is held by JSW Steel Limited and 52% of the Equity Share Capital of the Company is held by AION Investments Private II Limited.
Board of Directors
Mr. Kalpesh Pankaj Kikani
Mr. Kalpesh Pankaj Kikani is Managing Director and Senior Partner at AION India Investment Advisors Private Limited
Mr. Kalpesh Pankaj Kikani, aged 46 years, BE, MBA, CFA, serves as the Managing Director and Senior Partner of AION India Investment Advisors Private Limited. Mr. Kikani has been investing in India for over 20 years. Previously, he was a part of ICICI Bank's senior management team, as the Global Head of Special Situations & Structured Finance, where he was responsible for running India focused investment teams based in Mumbai, Singapore and London. Prior to this, Mr. Kikani established and headed the corporate and investment banking business for ICICI Bank UK PLC focusing on leveraged and structured finance transactions with teams based in the United Kingdom, Germany and Belgium. Over the course of his career, Mr. Kikani has deep experience in investing in Indian enterprises in the area of distress, structured equity and credit investments.
Mr. Nikhil Gahrotra
Nikhil Gahrotra, Principal at AION India Investment Advisors Private Limited
Mr. Nikhil Gahrotra, aged 39 years, is a Principal at AION India Investment Advisors Private Limited. He joined the firm in February 2016 from Banyan Tree Growth Capital, an India-focused structured private equity fund, where he was a Director. Mr. Gahrotra has over 14 years of financial services experience and 12 years of private equity investment experience including over 5 years with the growth capital team at 3i Group Plc in India and as a founding member of the India office of Q Investments, a US based hedge fund. Prior to Q Investments, Mr. Gahrotra was with Citigroup's investment banking team where he advised on M&A and equity/equity-linked capital raising of over $2 billion for some of India's largest companies.
Mr. Nagarajan Jambunathan
AVP – Merger & Acquisition and Strategic Finance at JSW Group
Mr. Nagarajan is a Chartered Accountant from the Institute of Chartered Accountant of India and Cost Accountant from the Institute of Cost Accountant of India. Mr. Nagarajan is having vast array of experiences in treasury, business planning, corporate finance, Merger & acquisition. Mr. Nagarajan joined the JSW Group in the year 2010 and presently he serving as AVP – Merger & Acquisition and Strategic Finance at JSW Group.
Debenture Details
| Particulars | ISIN | No. of Debentures | Nominal Value | Paid-up value | Trustee |
|---|---|---|---|---|---|
| 0.01% Rated, Listed, Unsecured, Rupee Denominated Non-Convertible Debentures | INE01F608017 | 1,863 | 1,86,30,00,000/- | 1,86,30,00,000/- | Catalyst Trusteeship Limited Address: Office No. 213, 2nd Floor, Navrang House, 21 Kasturba Gandhi Marg, New Delhi – 110 001. Tel : +91 (011) 43029101 website : www.catalysttrustee.com |
Credit rating by Brickworks Ratings India Private Limited
Non-Convertible Debentures: BWR BBB - (i.e. BWR Triple B Minus) (Outlook: Stable)
