Paras Modi

Investment Banker, Project Finance || Corporate Banking Executive

Mumbai Area, India

Summary
Company Valuation Banking & Finance Project Appraisal Project Finance Investment Banking Corporate Finance
Paras is an Engineer (Computer Science) from Bharati Vidyapeeth College of Engineering, Pune and MBA (Finance) from Narsee Monjee Institute of Management Studies, Mumbai. He is currently employed with ICICI Bank Ltd as Chief Manager in their Project Finance Group. He is leading a team and managing portfolio of around INR 2,500 Cr of assets. He is responsible for financing brownfield and greenfield projects in transportation sector. He is also responsible for providing buy-side and sell-side advisory for projects. Prior to that, he was with SBI Capital Markets Ltd in the capacity of Manager in their Project Advisory and Structured Finance division.

Project Finance Group of ICICI Bank Ltd is pioneer in financing and managing projects and draws its legacy from the fact that ICICI was erstwhile an development finance institute. SBI Capital Markets Ltd (SBICAP) is a premier Investment Bank of India belonging to State Bank of India Group and is ranked 1st Globally for project finance advisory and debt arrangement.

Work Profile:
- Infrastructure Project Financing
- Fund Raising for Infrastructure Projects
- Project Advisory/Project Appraisal
- Acquisition Financing
- Equity/Quasi- Equity Arrangement
- Business Advisory
- Restructuring Advisory
- Managing assets under portfolio

Sectors: Roads, Renewable, Power (Thermal), Mining, Iron and Steel, Hospitality, Education. Sugar
Experience

Chief Manager, Project Finance Group at ICICI Bank

Aug 2015 - Present

Key Responsibilities: a) End to end deal execution, appraisal and due diligence, financial modelling, term sheet negotiation, structuring, syndication, documentation, sensitivity analysis and risk identification b) Responsible for scouting for buyers for stressed road sector companies of the Bank, negotiating acquisition term sheets and closing transaction c) Funding of Brownfield and Greenfield projects in infrastructure sector d) Team Lead, managing book size of INR 65,000 mio e) Developing and maintaining relation with corporates, corporate investors and PE funds and liaisioning with Authorities f) Market mapping, sector tracking and sourcing of business for the Bank Key Deals: Debt: a) Funding of 3 annuity based road project on BOT mode in the state of Maharashtra and Bihar( Total Deal size – INR 34,030 mio) b) Funding of toll 2 based road project in the state of Gujarat, Karnataka and Tamil Nadu (Total Deal size – INR 6,940 mio) c) Arranging acquisition finance for purchasing road asset in state of Uttar Pradesh M&A/PE: a) Scouted for buyer for under implementation road project in the state of Uttar Pradesh and substituting it with current promoters b) Scouting of buyer for an under implementation project in the state of Jammu and Kashmir (Deal size – INR 6000 mio) c) Scouting for buyer for implemented road project in the state of Andhra Pradesh and Telangana (Deal size – INR 4500 mio)

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