Nisus Finance Exits From 2 Projects Of Puranik Developers, Rumah Bali, Tokyo Bay in Thane

Mumbai, September 2023: Dalmia Nisus Finance Investment Managers LLP (“Dalmia Nisus”), an alternative asset manager of Nisus Finance Group has successfully exited its investment through their Real Estate Credit Opportunities Fund – I (RECOF-I). The Fund had committed an investment of Rs 125 Cr in two Projects of Puranik Builders Limited (PBL) – Rumah Bali and Tokyo Bay located at Ghodbunder Road, Thane in January 2023. 

Dalmia Nisus is the joint venture fund of Nisus Finance Group and the Dalmia Group. 

The fund has exited this investment within 9 months of its investment securing a return of over 25% IRR. 

Amit Goenka, CEO Nisus Finance stated” as a leading investment manager, we are dedicated to delivering superior returns for our investors in short to medium term. Our investments allow quick payouts and returns to our investors with an ability to quickly redeploy the principal to ensure a significant multiple on invested capital. Within our special situations and last mile funding strategy, we identify such strong opportunities that create value and generate outlier returns creating a win-win for all our investors, developers, and our stakeholders. Highly collateralised cash flows backed investments with reputed counter parties like Puraniks, ensures fast exits. We have no constraint in allowing for sooner exits since our robust pipeline can quickly redeploy the capital, once the utility of our financing has been achieved in the target project.”

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