### **Overview** Credent Global Finance Ltd (formerly Oracle Credit Limited) is a BSE-listed, SEBI-registered, and RBI-regulated Non-Banking Financial Company (NBFC) offering a diversified portfolio of financial services across India and international markets, with a strategic focus on MSME financing, inclusive finance, green finance, and cross-border advisory. The company was founded in 2017 and rebranded under the "Credent Global Finance" identity in September 2022 to reflect its expanded vision and global ambitions. Credent operates through a robust platform serving corporate, institutional, and individual clients, with a specialized expertise in catering to Non-Resident Indian (NRI) communities, particularly those in the UK. The company has built a reputation on trust, reliability, and deep domain knowledge across capital markets, real estate, asset management, and lending. --- ### **Business Segments & Subsidiaries** Credent Global Finance operates through three primary subsidiaries: 1. **Credent Investment Private Limited** – Investment banking arm offering PE/VC advisory, M&A, joint ventures, debt syndication, and corporate due diligence. 2. **Credent Property Advisory Private Limited (CPAPL)** – Real estate advisory platform focused on enabling NRI investment in India and the UK. 3. **Credent Assets Management Services Private Limited** – Manages Alternative Investment Funds (AIFs) and Portfolio Management Services (PMS). This diversified structure allows Credent to deliver end-to-end financial solutions across asset classes and geographies. --- ### **Core Business Lines** #### **1. Financial Advisory & Investment Banking** - Offers comprehensive capital market services including private equity and venture capital advisory, mergers & acquisitions (M&A), debt syndication, joint venture facilitation, and corporate due diligence. - Serves clients across sectors and enterprise sizes, leveraging over 150 years of combined industry experience. - Has executed transactions worth more than **INR 2,000 crores** on both buy and sell sides since inception. #### **2. Asset Management** - Manages two SEBI-registered AIFs: - **Invicto Multiplier Fund (Category II):** A closed-ended fund investing in listed and unlisted SMEs experiencing temporary disruptions but possessing strong recovery potential. Can deploy up to 100% in unlisted companies and up to 49% in listed ones. - **Invicto Incrementum Fund (Category III):** An open-ended, long-only equity fund focused on mid- and small-cap companies with robust fundamentals—stable management, strong cash flows, low leverage, clean accounting, and margin of safety in valuation. Targets under-researched firms for early-mover alpha. - Also provides **Portfolio Management Services (PMS)**, including the flagship Credent AIM Multicap Strategy, which blends fundamental research and market insights to capture high-return opportunities. Additionally, the company established two real estate-focused funds—**India Asset Growth Fund** and **India Asset Growth Fund II**—to provide capital to fundamentally sound developers for restructuring or growth. #### **3. MSME & Inclusive Lending** - Offers **MSME loans** in two categories: - **₹1–10 lakhs:** Delivered via direct sourcing and partnerships with two third-party Loan Service Providers (LSPs), achieving **100% collection efficiency**. - **Above ₹10 lakhs:** In-house collections are maintained, though the company is **phasing out** this segment to refocus on scalable, tech-enabled lending. - Focus areas: Financial inclusion, underserved customer segments, and green finance. - Specialized financial products developed for sectors such as **Residential Construction, Education, NBFCs, MFIs, and Fintech**. - Emphasis on strong risk management: rigorous due diligence, cash flow-based lending, and NPA mitigation through stringent verification processes. #### **4. Cross-Border Real Estate Advisory** - Credent Property Advisory enables **~30,000 NRI families** (as of 2024) to invest in Indian real estate, supported by deep expertise in both **Indian and UK property markets**. - Offices in **Mumbai and London** facilitate seamless real estate transactions across jurisdictions. - Full-service support: project vetting, documentation, compliance, and transaction management. - Strong builder and industry partnerships provide clients access to a broad spectrum of real estate options—from affordable housing to premium commercial assets and REITs. - Facilitated investments in over **1 million sq. ft.** of residential and commercial property. --- ### **Strategic Development Timeline** - **2017:** Company operations commenced in India. - **2018:** Launched Asset Management business via Portfolio Management Services (PMS). - **2019:** Established Investment Banking division. - **2021:** Acquired majority stake in **Oracle Credit Ltd.** (a listed NBFC); initiated acquisition of a mid-sized real estate fund. - **2022:** Obtained SEBI registration for Category II and III AIFs; rebranded to **Credent Global Finance** (effective Sept 2022). - **2023:** Completed successful **rights issue**, raising equity capital; expanded investment and trading activities. - **2024:** Launched **retail lending business**, further broadening product portfolio. --- ### **Regulatory & Structural Profile** - **Regulated by:** Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), and listed on the Bombay Stock Exchange (BSE). - **Type:** Non-deposit-taking, non-systemically important NBFC – not subject to full RBI capital adequacy norms. - **Promoters:** Mr. Aditya Vikram Kanoria and Mr. Mandeep Singh (did not participate in recent rights issue). - **Expansion Plans:** Intending to expand into **loans against property** and **electric vehicle financing**; raising **Rs. 3,700 lakhs** to strengthen balance sheet and scale lending and investment operations. --- ### **Client Base & Performance** - Serves **over 500 UHNIs and family offices** globally. - Built a loyal clientele through consistent delivery, transparency, and dual-market capabilities (India-UK). - Investment decisions guided by: - In-house research and third-party analysis. - Macroeconomic forecasting and sectoral insights. - Rigorous credit risk assessment (promoter track record, debt-servicing history, peer comparison, etc.). - Performance management systems continuously refined to enhance fund manager outcomes and align interests with clients.