I never think that selfing our shares in an iPo – The Holy Grail of Private Equity Investing – Would Be Such A Grueling Process. But it was all worth it would l 28 in the Pre-Dawn Hours of a New York Morning I Checked thenews from india. The subcriptions had in Slowly at first, but in the final day of marketing of its inn, TS, Ujjivan Financial Services LTD. (India), Had Broken Records. The Destic-onlyFar ExceeDing The Destic-only iPo Record Set by Another Microfinance Firm Just Days Earlier (Equitas Holdings Had Been 17 Times oversubscribed). $ 50 Million Inclusion Finance Company We’d Invested in — Dedicated to Providing Financial Services to Indian WomenIn the Lowest Economic Strata – WAS VALUED at more than $ 375 Million and Would Climb ABove $ 425 Million One Started Trading.
WOMEN’s World Banking Capital Partners is a Private Equity Limited PARTNERSHIP PROMOTED by the Global NonProfit Women’s World Banking. It Makes Direct Equity MENTS in WOMEN-FOCUSED Inclusion Finance Institutions. Established in 2012 With Investment Capital from 27 Limited PARTNERS Who Buy ITS Mission, CapitalPartners Seeks to PROVE WOMEN’s World Banking’s Long-Held Convice that Provied Poor WOMEN WITHANNCESS to Financial Services is a Profitable Business Model THAT Contributes to the economic geowth and Welfare of Families and Community. And, Critically, that Investors, Even Small Ones,Can Play An Important Role in Influencing Institutions to Stay Focused on Women as A Key PART of their Growth and Future PROFITALITY. Ender Lens Investing.
WOMEN’s World BANKING’s History with Ujjivan Precepted The Establishment of the Capital PARTNERS FUND. Ujjivan Became A MEMBER of the WORLD BANKINGINGINGINGIK I n 2008. Membership in the Network Requires Not only that a Financial Instification offer services to un-or Under-Served Women Clients, But Also that It Meets A Rigorous Set of Financial and Social Performance Standards to Ensure It Delivers On The Double Bottom Line. Ujjivan Ceo Samit Communitynt to Both Financial and Social Returns Was Evident in the Daily Operations of the then-Rapidly Growing MicrofinanceInstitution, Making It the Perfect Candidate to Be A Network Member and, One THE FUND WAS LAUNCHED In 2012, An Investestee Company.
One of the Benefits of Being A Capital PARTSERS Investee Company is Access to Women’s World Banking’s Nears of Experience Developing Financial Products, SERV. ICES and Delivery Channels that Work for Low-found Women. Research specialists, Product Design Experts and Leadership DEVELOPMENT Programs Are AvailableThroud Technical Assistance. When this technical assistance is Combined with Equity Investment (and atmeant Shareholder Influence, and in some cases -intll Uding Ujjivan’s -A Board Seat), It Becomes A Powerful Value Driver for An Instification.
In 2011, WOMEN’s World Banking Conductual Research on Behalf OF Ujjivan to UndersTand the Opportonity to Expand Financial Access Target Clients H indicting. Our Research Found Significant Demand Across the Business Sectors Occupied by Low-Income Women. Prior to this work, UjjivanWAS only offering group loans, the staple forward of microfinance institution. However, Women’s World Banks that group loous are not entied the cHE APITAL Needs of Microntrepreneurs as they grew. As an invertor and Board Member, Capital PARTNERS BePursuing this new business line, and ujjivan’s board tool on the challenge of designing, piloting and rolling out indicting with wime’s word banking ‘S Assistance. WOMEN’s World Banking’s Product Experts Provided Technical Assistance to DeRopriant Credit Assessment Methodology, Markuting, TRETING aining and Operations toImplement this New Product. This pivot to indicting Became One of UJJIVAN’s Key Market Differentiators. WHEN The Next Roundment Came in 201 5Agra Stock. Investors pointed to the indicting strategy as one of the value drivers, and boUGHT The Shares at a 20 Percentboost in value.
The Institution Also Caught The Eye of India’s Regulator, The Reserve Bank of India (RBI), and WAS GIVEN THE OPPONITUNITITUNITY for A Small Banks. Van Lost No Time in Pursuing The Small Bank License, Considering this will allow it to offerDesperately Needed Savings Products to ITS WOMEN Clients. That DeCision Ultimate BRUUGHT It to the Capital Markets In Order to Shore UPs Capital Base with DOM ESTIC Investors As Required by the Rbi, and to its Record-Breaming IPO. With a client base of low-INCOME WOMEN, a Track ReCord of Offering Them A Convenient and Varied Product Set, and Consistently Stellar Financial and Social Performance (It is among Women’s World Highest Performers on Social Metrics, Investors Lined Up 41 Deep for a CHANCE to Invest in Ujjivan andIts Women Clients.
WOMEN’s World Banking Capital Partners is Proud of the Role It Played in this Story. Droom to Help Keep the Focus on Women and Women’s World Banking Experts Assisted The Instification in UnLocking TheFULL VALUE of ITS WOMEN Client Base. The Excition iPo Result in Turn Provides Capital Partners with its first, very compelling data point toward the businessGuoabong Stock. SS Case for investing in WOMEN. With the Profits from Sell Selling Our Ujjivan SharesIn more Institutions to Help the Same Path to Service Women with the Financial Services they Need to Build A Better Futures and TheIR FAMILIE s.
This post was originally published on the situation ’s world banking blog. It is crass-posted with permission.
Photo and Copyright: Maria Andersson, Im Individuell Mäniskohjälp
C.j. juhasz is Chief Investment Office at WORLD Bank ASSET Management.
Pune Wealth Management