Rajasthan Global Securities Private Limited is a registered NBFC (Non-Banking Financial Company) established in 1995 and acquired by Mr.Lalit Dua and his family. The Company is headquartered in Delhi.
The company has traditionally focused on investment activities, boasting a sizeable investment portfolio with a strong track record of returns. In fiscal year 2020, Rajasthan Global Securities Private Limited diversified its operations by marking its entry into the lending business. The company is strategically diversifying its portfolio by integrating a fully operational credit platform like structured lending, wholesale lending, and advisory on lending, while maintaining a focus on value creation through disciplined investments in both listed and unlisted entities, aiming for a balanced approach between equity and credit business portfolio mix in a ratio of 75:25 in the future. As of December 31, 2024, Rajasthan Global Securities Private Limited had a total asset base of Rs. 2817.28 crore with Rs.1333 crore allocated to investments and Rs. 424.28 crore representing its loan book. It boasts a robust balance sheet, with a net worth of Rs.2527.48 crores as of December 31, 2024, and zero net leverage.
Transition from a predominantly investment-focused revenue model to a diversified portfolio including credit income through lending and other credit business.
Rajasthan Global Securities Private Limited is focused on creating multiple, synergistic platforms within its credit and alternative assets business and alternative wholesale lending business to drive scalability and long-term growth. Rajasthan Global Securities Private Limited's wholesale lending platform is fully operational and actively engaged in disbursements, targeting fresh loans. It emphasizes collections from its existing book and redeployment of funds into structured credit and real estate. The NBFC operations are having a low-cost structure while delivering a yield of 16% - 16.5%.
The Company intends to venture into corporate servicing and advisory on the credit side. This strategic expansion in the Credit & Asset business through various verticals is expected to enhance revenue streams and profitability in the long term. Thus, the Company targets to deliver a Return on Equity (RoE) of 20% across all platforms.
Rajasthan Global Securities Private Limited is amongst the very few companies in India of this size that is into Equity Investments & Credit/Lending both business verticals making it a unique company with niche business model. On the equity side, the Company is leveraging India's growth potential, focusing on sustainable sectors, investing in large, credible, and high-growth businesses, along with turnaround opportunities, thus ensuring sustainable returns. On the credit front, the company is taking advantage of opportunities in mortgage securitization, supporting clean NBFC balance sheets aligned with government priorities, targeting a vast market, and enhancing credit quality through strategic investments. Together, these efforts form a balanced and disciplined financial strategy.
The company plans to strategically allocate capital between its Equity and Credit divisions to maximize returns. This includes re-deploying 25%C of net worth into the lending division and 100% of collections from existing loans and credit substitutes. Thereby, the Company has a medium-term goal to achieve a balanced portfolio mix of 70% equity and 30% credit business.
Rajasthan Global Securities Private Limited’s commitment to a strong balance sheet, with zero net leverage is a key enabler of its growth plans. The company intends to maintain zero leverage on the equity side and less than 1x leverage on the credit book.
Rajasthan Global Securities Private Limited importance of robust governance standards, experienced management teams, and focused execution capabilities as key factors in its investment decisions.
Rajasthan Global Securities Private Limited has been affirmed a “Long Term Rating of ACQUITE A- (read as Acquite A minus)” by M/s. Acquite Ratings & Research Limited.