Shrem Infra Investment Manager Private Limited
Investment Manager
Shrem Infra Investment Manager Private Limited (formerly known Shrem Financial Private Limited) is the Investment Manager for the Trust. SIIMPL will be managing the day to day affairs of Shrem InvIT and will be taking decision in regards to future acquisition, divestment, fund raising etc.
The Investment Manager has been engaged in the infrastructure business since 2011. The Investment Manager, through its erstwhile subsidiary, Shrem Resort Private Limited (now Zon Hotels Private Limited), developed the Novotel Goa Shrem Hotel and the Grand Mercure Goa Shrem Resort. It successfully operated the two hotels until September 2017 and subsequently divested its entire shareholding in Shrem Resort Private Limited (now Zon Hotels Private Limited).
CIN – U67190MH2010PTC206680
Registered Office – 1101 Viraj Towers, Jn Of Andheri Kurla Road W. E. High Way, Andheri (East), Mumbai 400093.
Board of Directors
- He is the Chairman of Board of Directors & first-generation entrepreneur with experience of over 30 years in establishing businesses and managing investments.
- He started his family office in 2010 and since then has managed investments in Real Estate, Hospitality, Health Care, Telecommunication and Infrastructure sectors.
- He has developed two five start hotels in Goa and is currently developing another hotel in Mumbai.
- Earlier he co-promoted Viraj Group of companies, which were industry leaders in export market for specialized stainless-steel products.
- He is Chairman of Nomination Remuneration Committee and Risk Management Committee.
- He has 42 years of work experience in government, private sector, and academia.
- From 1978 to 1995, as an IAS officer he worked in various senior positions in the state of Assam as also the Ministry of Home Affairs (MHA) and the Ministry of Defense (MOD) in the central government. He also served as the managing director of a state run textile manufacturing undertaking.
- He was the founding CEO of IL&FS Infrastructure Development Corporation (IIDC) and later served as the vice-chairman & CEO of IDFC Projects Ltd.
- After a career of 35 years in the government and private sector, Pradeep Singh joined the Indian School of Business (ISB) as the CEO of its Mohali Campus and the Deputy Dean of the school.
- He has been a visiting faculty member at the Kennedy School of Government, Harvard University and been engaged in consulting for the World Bank and the ADB. He holds a Masters Degree in Public Administration (MPA) from Harvard University and was a Rotary International Graduate Fellow at Stanford University USA.
- He is the Chairman of Audit Committee & an infrastructure and financial services thought leader.
- He has over 38 years of experience in project and corporate finance, investment banking and private equity with a focus on infrastructure & large corporates.
- He has been founding CEO & MD of L&T Infra Finance Co Ltd (L&T Infra) from the year 2006 to 2014, further he has also been Group Exec Vice President - L&T Finance Holdings Limited (LTFH) from March 2014 to November 2015. He has also held board positions in SREI Infrastructure Finance Limited and Feedback Ventures Limited.
- Currently, serving on the board of directors of various companies, such as Mahindra Manulife Trustee Private Limited, Antony Lara Enviro Solutions Private Limited, Antony Waste Handling Cell Limited, AG Enviro Infra Projects Private Limited, and he is a designated partner in Udvik Infrastructure Advisors LLP.
- Besides being a Science graduate from University of Bombay (Mumbai) and an MBA from University of Poona (Pune), he has also completed Executive Training Programs from Harvard Business School in Restructuring of FIs & Banks and Strategy and Operations Strategy & Management.
- He is the Chairman of Stakeholders Relationship Committee. A professional with techno-commercial skills backed by a strong track record of 37 years of experience in project and contract management, bidding process, arbitration, dispute resolution, freight operation, maintenance and human resource development.
- He has worked as Managing Director, Dedicated Freight Corridor Corporation of India Limited (3,300 kms railway line, project cost $13 billion) from August 2018 to August 2020 and Chief Administrative Officer of Udhampur-Srinagar-Baramulla Rail Link in Himalayan terrain, project cost Rs 30,000 crores.
- He is Bachelor of Civil Engineering, MNIT Bhopal 1975 – 1980.
- Ms. Neeta Mukerji has Post Graduate Diploma in Management from Indian Institute of Management, Calcutta.
- She is a senior banker with over 30 years of experience in premier financial institutions like ICICI Bank, Asset Reconstruction Company of India Limited (ARCIL), GE Capital, RBL Bank and ACRE.
- She has wide ranging experience across banking with specific focus on credit, risk management and distressed debt.
- Her core expertise areas include setting up and managing risk management function, assessing credit risk and structuring complex financial transactions and resolution of distressed debt.
- She holds Diploma in Textile designing from the South Delhi Polytechnic for Women.
- Over 20 Years of Experience in the fields of operations and administration in the infrastructure, real estate and hospitality sectors.
- Prior to joining the Sponsor, she was associated with Viraj Profiles Limited as a director.
- He has been associated with Shrem Group since September 2016 and was involved in structuring and negotiating the deal between Shrem Group and Dilip Buildcon Ltd for the acquisition of 24 road projects.
- He has over 17 years of experience in the fields of banking, debt syndication, private equity, financial and management consulting in the infrastructure sector.
- He has worked with Citi Bank, ICICI Bank & Yes Bank. Later in his career he worked exclusively in Road sector with few consultancy firms and completed many assignments for reputed Infrastructure Developers.
- He is a science Graduate from JNVU, Jodhpur and an MBA Finance from ICFAI Business School, Hyderabad.
Management Team
- He is the Chairman of Board of Directors & first-generation entrepreneur with experience of over 30 years in establishing businesses and managing investments.
- He started his family office in 2010 and since then has managed investments in Real Estate, Hospitality, Health Care, Telecommunication and Infrastructure sectors.
- He has developed two five start hotels in Goa and is currently developing another hotel in Mumbai.
- Earlier he co-promoted Viraj Group of companies, which were industry leaders in export market for specialized stainless-steel products.
- He has over 25 years of experience in handling projects and is responsible for managing Project development & Joint development partnerships of Shrem Group.
- He handled the Forgings business at Viraj Profiles Ltd prior to founding Shrem. In Shrem, he took up the responsibility of managing Shrem Infra Investment Platform.
- He spent his formative years in shaping the Flanges & Fittings division at Viraj Group and is credited with making Viraj Forgings the only company to get approvals from reputed oil & gas companies, pipe and ship building companies in USA, Middle-east and Korea.
- He has been associated with Shrem Group since September 2016 and was involved in structuring and negotiating the deal between Shrem Group and Dilip Buildcon Ltd for the acquisition of 24 road projects.
- He has over 17 years of experience in the fields of banking, debt syndication, private equity, financial and management consulting in the infrastructure sector.
- He has worked with Citi Bank, ICICI Bank & Yes Bank. Later in his career he worked exclusively in Road sector with few consultancy firms and completed many assignments for reputed Infrastructure Developers.
- He is a science Graduate from JNVU, Jodhpur and an MBA Finance from ICFAI Business School, Hyderabad.
- He has been associated with Shrem Group since September 2016 and was involved in structuring and negotiating the deal between Shrem Group and Dilip Buildcon Ltd for the acquisition of 24 road projects.
- He has over 17 years of experience in the fields of Investment Banking, debt syndication, private equity, financial and management consulting in the infrastructure sector.
- He has worked with Kotak Securities and he had set up a securities broking business, having offices in India and overseas with a team of 50 people.. Later in his career he worked exclusively in Road sector with few consultancy firms and completed many assignments for reputed Infrastructure Developers.
- He is a Commerce Graduate from MLSU, Udaipur and an MBA Finance from ICFAI Business School, Hyderabad.
- He has been associated with Shrem Group since September 2016 and was involved in structuring and negotiating the deal between Shrem Group and Dilip Buildcon Ltd for the acquisition of 24 road projects.
- Over 10 years of work experience in India & Australia in Management Consulting and Research roles.
- Worked with a Boutique Management Advisory firm, MSCI and Moneybee Securities. Worked with clients from across sectors primarily Infrastructure, Real estate, Retail & Hospitality on debt syndication and rating advisory.
- He holds MBA (Finance) from University of Technology Sydney, Australia and a bachelor’s degree in Commerce from the University of Mumbai.
- Mr. Dilip Bhatia is the President at Shrem InvIT, responsible for overseeing the day-to-day operations of the Investment Manager, Project Manager, SPVs and the InvIT.
- A Chartered Accountant by qualification, Dilip has more than 33 years of professional experience in diverse sectors such as Infrastructure, Financial Services and market intermediaries holding leadership positions across functions. His expertise includes managing day to day business operations, P&L management, corporate strategy, finance, risk management, treasury and business development. He has also set up and led India businesses for global corporations.
- Prior to joining Shrem InvIT, he was Chief Executive Officer at IL&FS Transportation Networks Limited and Roadster Investment Managers Limited and played a significant role in the resolution of IL&FS group entities, setting up a unique InvIT for road assets, claims negotiation with concessioning / government authorities, as well running the day-to-day operations of 20+ BOT road assets and the InvIT.
- In his previous jobs, he held CEO/CXO level positions at Ace Derivatives and Commodity exchange, Kotak Securities Ltd, AXA Investment Managers, and IL&FS Asset Management Co Ltd, responsible for Business management, Operations, finance and strategic initiatives.
- Ms. Ilaa J Udeshi joined Shrem InvIT as Compliance Officer on 05 th May, 2023.
- She has over 15 years of experience in the field of Compliance, Corporate Secretarial and Legal functions of mid to large size Company in manufacturing industry.
- She has handled Corporate Law Compliances, SEBI Compliances, Listed Company Compliances, Corporate Insolvency Resolution Process, Acquisition, Corporate Restructuring, Fund Raising (QIPs, Preferential Allotments, NCDs), Loan Documentation and Due diligence.
- She is a Post graduate in Commerce and Master’s in law having specialization in the field of Corporate Law and Financing and a Company Secretary.
