KEI Industries
KEI Industries, a trailblazer in cable and wire manufacturing, boasts an expansive product portfolio and has successfully ventured into Engineering, Procurement, and Construction (EPC) services for Power, Distribution, Transmission, and sub-station projects. The company's commitment to excellence and adaptability positions it as a frontrunner in the industry.
Our Approach
Monarch strategically assumed the role of advisor to KEI Industries' INR 5,000 Mn Qualified Institutional Placement (QIP) in January 2020, acknowledging the company's potential for industry leadership. Our role extended beyond the transactional, allowing us to identify & market suitable opportunities for KEI Industries to notable investors such as; enhance its product capacity through greenfield and brownfield projects and other strategic initiatives.
Results & Key Highlights
The QIP received stellar success with participation from various notable investors, including Norges Bank – Govt. Pension Fund Global, TATA AIA Life Insurance Company Ltd., Pioneer Investment Fund, and DSP Equity. Following the successful closure of the QIP, KEI Industries embarked on a dynamic growth trajectory. KEI Industries has earmarked substantial investments, planning around INR 10,000 Mn for greenfield projects in Gujarat over the next 3-4 years and approximately INR 500 Mn for the brownfield expansion of the current unit. These strategic initiatives underscore KEI Industries' commitment to innovation, sustainable growth, and its pivotal role as a key industry player.
