Wit(h)CFO

The “Wit(h)CFO" provides vital inputs into the company investment, capital structure, forecasting, and cost-benefit analyses, working capital management. They give valuable advice regarding the financial of the company. responsible for tracking cash flow and financial planning and analyzing the company's financial strengths and weaknesses and proposing strategic direction.

Wit(h)CFO helps solve the challenges faced in mapping the future budget with forecasted numbers. We provide a linkage of budget development to corporate strategy, design procedures that allocate the resources strategically, reduce budget complexity and cycle time along with developing budgets that accommodate change.

We not only enable corporates to analyze present financial position and set goals for achieving a better position in future but also help you in setting targets based on parameters like profit margin, return on capital employed, asset to sales ratio, etc.

In today’s growing business environment, loads of data and related information is generated every day. It is very crucial that right information is available at right time to enable the decision makers in their process or choosing options or laying down the strategic goals. At Wit(h)CFO, we help create customized and automated dashboards that exhibit “actionable data”. We serve the core needs of owners / promoters/ investors / management to improve decision making, internal business processes, resource application and capacity utilization that aim at achieving corporate goals. Further, we also facilitate timeliness, accuracy, and usefulness of financial and management reporting.

Wit(h)CFO establish audit programs or extend their capabilities as a co-sourcing partner for the growth of your business. Our audit support is designed to offer a manifest and practical approach enabled by subject matter experts, high- value solutions that ensure you can comply with the ever-changing requirements, emerging accounting and auditing standards which position audit teams as business enablers for your unblemished business.

Wit(h)CFO partners with you for handling your book-keeping, accountancy records. This supports you to concentrate efforts on your core business, which is essential for growth.

Wit(h)CFO offers a financial management system that enhances efficiency in financial transactions, effectiveness in control, transparency in operations, and accountability at various levels and adds to the convenience of stakeholders. It helps in planning and budgeting, revenue and expenditure management, human resource management, payroll, accounts management, debt and investment management and other functions. Being a closely integrated system, change in one system reflects in all components of the system.

Cash is an crucial asset for all businesses. Availability of Liquid cash balances is a common challenge faced by many companies in todays vibrant market, Liquidity in business to be kept at an adequate level for smooth functioning of business and surplus. We design and develop effective cash flow monitoring report for management and review the cash flows trends (including Foreign Exchange, if any) and populate projections of cash flow for obtaining an appropriate line of credit, cash collection acceleration techniques, sturdy effective collection and payment policies, suggesting options for investing your idle cash and thereby optimising the return on it. While doing so, we also help mitigating operational, financial and reputational risk.

Wit(h)CFO formulates a plan giving comprehensive guidance. Our project conceptualization includes project concepts such as financial conceptualization, market conceptualization with utmost feasibility. Our proven ability to plan, conceptualize, study the structure and implementing the right solution helps us partner you in the journey towards success and sustainability. We also estimate the expected growth in current business sectors, identify the new markets for the business in the future. Our projections are with reasonable accuracy thus helping avoid any strategic errors.

Capital Fund Raising

GrowthNEXT deals with various Corporates, SMEs, Mid-Corporate Clients and aims to provide Structured financing solutions to satisfy their Capital and Growth needs.

GrowthNEXT act as an Advisor & Arranger and raise Funds through various types of Debt Instruments. We assist our clients in strengthening their balance sheets by delivering Customized Capital Structure Alternatives, Assets light approach. We understand that the efficiency of Businesses depend on an efficient and well-organized fund flow.

GrowthNEXT is one of the prominent companies in the Debt Structuring in India with a strong relationship with Banks both in Public & Private Sector, Financial Institutions & NBFCs, Mutual Funds and Insurance Companies in India.

GrowthNEXT build a strong lifetime relationship with clients by providing them timely and customized solutions to fulfill their financial goals whith a approach of right amount of capital at right time along with right cost.

Driving strengths from its institutional relationships, and the position in this segment, GrowthNEXT has been acting as an arranger for debt syndication for various MSME/SME and Corporates.

The Company has the contentment to be associated with leading Corporate of the Indian business world and has executed mandates for syndication of Term Loans/Working Capital Facilities.

We offer assistance within the areas of Project Finance, Capital Expenditure for Green- field/Brown-field Expansion, Acquisition Finance and Cross-Border projects funding.

Our expertise includes raising Debt Financing both in Domestic and International markets, with cross-border experience.

GrowthNEXT helps customers gain access to finance by using customized solutions. Our financing services range from short term to long term and span both primary and secondary markets including use of innovative strategies to unlock capital for expansion. GrowthNEXT financing product range includes:

GrowthNEXT is equipped to assist in providing Project funding for high capex intensive industries.

Large-scale infrastructure and other projects need high levels of debt financing involving long gestation periods. GrowthNEXT helps corporations create projections on revenue through its project financing team, helps build loan documentation, and provides advisory services on loan facilities that can be availed depending upon analysis of inherent risks in the project. GrowthNEXT supports the client at each step of the loan process.

Real estate financing involves providing solutions that range from acquisition financing for land to construction working capital financing for project. GrowthNEXT provides finance for a wide range of property types and project developers which includes residential and commercial. GrowthNEXT provides credit for mortgages, refinancing, acquisition funding, construction financing and also assists in syndication.

Small-scale enterprises in the form of Micro, Small and Medium Enterprises need smaller ticket size financing to start up or expand their business. GrowthNEXT provides companies with access to credit for specific business purposes and provides advice to help them to stabilize in adverse market conditions and excel in favourable ones.

A loan against mortgage of property can be obtained for general purpose to meet financial requirements of borrowers. In this type of finding the end GrowthNEXT finances and assists in securing a loan against property for improvements or working capital requirements.

A working capital loan is a loan that's taken to finance a company's day to day operations. These loans are not used to buy long-term assets or investments and are, instead, used to provide the working capital that covers a company's short-term operational needs.

Acquisition financing is that the funding a corporation uses specifically to acquire another company. By acquiring another company, a company can increase the dimensions of its operations and enjoy the economies of scale achieved through the acquisition.

A facility provided to promoters of well-managed companies to boost funds against their stake therein operating company. These funds are often utilized for various needs like financing for acquisitions and take-over financing and business growth. These funding are short to medium-term in nature.

We help strengthening company’s balance sheets by delivering Customized Capital Structure Alternatives designed to maximum profits.

We know that efficiency of Businesses depends on an efficient and well-organized fund flow system.

We have been assisting corporates with their requirement for working capital, offshore finance, acquisition finance, and cross-border projects funding.

Structured Products

GrowthNEXT offers structured finance products, which range from securitization transactions to credit enhanced financing with third party guarantees, letters of comfort, security over assets or escrow, etc. services include:

Hybrid debt financial products have the features of both debt and equity products. Examples of hybrid debt financial products include preference shares, optionally convertible debentures, perpetual bonds, subordinated bonds, foreign currency convertible bonds etc

At times, banks and financial institutions need to provide breathing space to companies that are finding difficulty in debt servicing due to cash-flow mismatch or industry recession etc. by restructuring their debt obligations. GrowthNEXT has experts in debt restructuring to help create liquidity, generate financial stability and put in place a new financial debt structure for companies.

Many corporate clients face complex financing requirements that generally cannot be met by traditional financing debt instruments like bank loan, NCDs. We help companies to customized structured financial instruments such as mortgage backed securities, collateralized bond obligations, security / escrow backed financing, structured backed with third party guarantees, letters of comfort etc.

Factoring receivables is the sale of accounts receivable for working capital purposes. A company will receive an initial advance, usually around 80% of the amount of an invoice when the invoice is purchased by the lender. When they collect the invoice, the lender pays the remaining 20% (less a fee) to the borrower. GrowthNEXT helps many corporate to realized fund at competitive rate and improve liquidity for business growth.

Infrastructure Investment Trusts (InvITs) are entities that issue instruments to individual and institutional investors through a financial model which facilitates ownership of investors over pool of infrastructure projects. The model unlocks capital for project developers and entitles investors to ownership over income generating infrastructure project assets.

A REIT, or Real Estate Investment Trust, is a pooled fund that owns or finances rent / lease income generating real estate projects such as completed office space, malls, commercial complexes, multiplexes etc. A REIT generates income in the form of rents, interest and capital gain on sale of property and offers to the investors, a regular income stream, diversification and long-term capital appreciation.

GrowthNEXT provides services in field of advisory relating to structuring of InvIT and REIT transactions while GrowthNEXT Stockmart undertakes marketing and distribution of the same.

Credit Rating Advisory

We help Brands get desired Credit Ratings from Domestic & International Agencies. Bring in immense value by getting the desired rating upgrades or saving them from downgrades by fine-tuning the strategy. 

Credit Rating is an analysis of financial history of borrowing or lending and credit worthiness of the entity or the person obtained from the statements of its assets and liabilities with an aim to determine their ability to meet the debt obligations.

Firstly, we understand the credit rating requirement and expected outcomes. The financials, project details and other required details are shared by the company for doing primary analysis of the data.

We analyze historical financial statements and forecast financial statements/credit ratios adjusted for agency methodologies, stresses and/or business plan scenarios, as appropriate. Findings are shared with Management highlighting any critical issues or areas of ambiguity suggesting scope of improvements.

We share the valuable insights with clients suggesting areas of improvement. The management is also prepared for rating agency interviews by providing draft questions with key messages to highlight credit strengths and address weaknesses, supplemented by mock interviews if required.

We assist in the preparation of the supplementary material to provide to rating agency enabling them taking fair view on credit worthiness of the company.

We provide hand-holding while presenting and discussing your case against the opted rating agency. In-fact we work as partner to our clients for providing all required information to rating agency.

We advise clients on whether to appeal any aspect of the decision or accept the outcome and convert to a public rating as appropriate.

We empower you with exhaustive research and analytics support across the ratings advisory value chain.

Our team of experts with strong ratings advisory background provides support by creating dynamic operating cash flow models that show indicative overall rating analysis

Our highly experienced analysts provide support on various scenarios, including first-time ratings, rating upgrades, capital structure optimisation.

With over years of experience working with firms, our team can support clients in all ratings considerations to develop a compelling credit story.

It offers quantitative analysis of the creditworthiness.

Helps investors to track the risk profile and take a wise and informed decision.

Attract investors and improves presence across the corporate spectrum.

Helps to raise money in times of need.

Business Valuation & Modelling

To achieve full success, any M&A transaction – whether global in scope or strategic acquisition of a local enterprise - requires careful planning and expertise across the board, ranging from tax-efficient structuring to deep understanding of the legal and regulatory environment.

GrowthNEXT M&A Advisory team works with private equity firms, hedge funds, and strategic corporate acquirers to identify and maximize value at every point in the transaction lifecycle. Seamlessly integrating the firm's deep understanding of operations with finance, accounting, tax & regulatory, and business consulting expertise, we work closely with clients to make informed investment/sell decisions. Our objective is to successfully close a transaction in a timely and effective manner, while maximizing value creation for our clients.

Our post merger integration solutions cover multiple areas - Strategy, operations,infrastructure, policy & procedures. Our solutions help our clients move towards an integrated environment in a phased and structured manner, while achieving the objectives of integration:

Our solutions include:

  • Setup and operate a project management office for integration
  • Portfolio analysis - consolidation, rationalization, management etc.
  • HR Organization structure design and review
  • Policy and procedure integration
  • Vendor consolidation / service level review
  • IT Enterprise architecture design and review

    • Without understanding history, it's impossible to understand current values and forecast future results.

    We keep ourselves focused on synergies in business and the overall environment in which the business operates to arrive at a viable merger option and a realistic valuation. At GrowthNEXT we offer financial due diligence services and provide the following categories of due diligence consolidated in one report:

    We work with specialists who possess in-depth industry knowledge and market know-how and identify comprehensive key transaction risks and concern areas (value destroyers) along with potential upsides (value enhancers).

    Need to raise funds for growth, expansion, a new product or venture, or restructuring? Our fundraising strategy helps clients identify their capital raising needs over a period, outlining various available options to raise the required funds, and assisting them in their pursuit to achieve a balance between cost and control.

    The capital markets are increasingly complex, and rapidly changing. Fluid markets lead to constantly fluctuating institutional appetite, product availability and pricing, making it difficult for companies to keep abreast of developments in a dynamic capital market.

    We are experienced in a wide range of capital raising transactions. From traditional debt and equity growth financing to more complex restructuring and recapitalization transactions. We are able to provide you with access to international financing sources through our network and help you structure and arrange highly customized financial solutions, including:

    GrowthNEXT offers strategic valuation services to complement its other services. We provide:

  • Business / share valuations
  • Valuation of Tangible / Intangible assets for purchase price accounting; and
  • Financial modeling

    • In our approach to valuation, we focus on determining the intrinsic worth of the asset / business to be valued. There are various methods through which one can measure the intrinsic worth of a company including market, income or cost approaches; and it is not a precise science to perform this analysis. Our experienced resources, whether we should include Chartered Accountants, Members of Royal Institute of Chartered Surveyors, and Chartered Financial Analysts, adopt a balanced approach to meet the desired objectives.

    GST

    An indirect tax imposed on the supply of goods and services. It is a multi-stage, destination-oriented tax imposed on every value addition, replacing multiple indirect taxes.

    The goods and services tax (GST) is a tax on goods and services sold domestically for consumption. The tax is included in the final price and paid by consumers at point of sale and passed to the government by the seller. The GST is a common tax used by the majority of countries globally.

    Imports of Goods and Services will be treated as inter-state supplies and IGST will be levied on import of goods and services into the country. The incidence of tax will follow the destination principle

    The GST will fuel inflation for the short term. The GST rate starts at 5% and 18% taxation services such as restaurants, movies etc. are bound to increase prices. Another problem with the GST that many pundits feel is not including liquor and petroleum under GST’s ambit. These are major revenue sources for the government and experts feel this is being done due to a few crony capitalists who need some time to funnel away their black money as the GST promise to widen the tax paying population.

    The limit for registration in GST is Rs. 20 Lacs. In case the turnover is more than 20 lacs or likely to go beyond 20 lacs, then compulsory registration in GST is applicable.

    Income Tax

    An income tax is a tax imposed on individuals or entities in respect of the income or profits earned by them commonly called taxable income. Income tax generally is computed as the product of a tax rate times the taxable income.

    Income tax is a direct tax that a government levies on the income of its citizens. The provisions governing the Income-tax are covered in the Income-tax Act, 1961

    The rates of Income-tax and corporate taxes are available in the Finance Act passed by the Parliament every year. You can also check your tax liability by using the free online tax calculator available at www.incometaxindia.gov.in

    The revenue functions of the Government of India are managed by the Ministry of Finance. The Finance Ministry has entrusted the task of administration of direct taxes like Income-tax to the Central Board of Direct Taxes (CBDT). The CBDT is a part of Department of Revenue in the Ministry of Finance.

    All the details of account and related documents should be kept at the principal place of business where the business or profession is generally carried on. These documents should be preserved for a minimum of six years from the end of relevant Assessment year​

    Auditing & Assurance

    Auditing & assurance come up with navigation of regulatory complexity and strengthen trust and transparency. As the audit is the process of evaluating the accounting entries present in the financial statement of the company and assurance is an independent professional service usually provided by certified or chartered accountants.

    Auditing is a part of the accounting world. It is an examination of accounting and financial records that is undertaken independently. This is done to determine if the company or the business undertaking has conformed its operations to the laws and the generally accepted accounting principles.

    An audit is important as it provides credibility to a set of financial statements and gives the shareholders confidence that the accounts are true and fair. It can also help to improve a company's internal controls and systems.

    Assurance services are a type of independent professional service usually provided by certified or chartered accountants such as certified public accountants (CPAs). Assurance services can include a review of any financial document or transaction, such as a loan, contract, or financial website.

    The Internal Audit team is part of the Assurance Services unit. Assurance Services is an independent function set up under the authority of the Vice- Chancellor. Internal audits are performed on behalf of the Council and approved by the Risk Committee.