Dapinder Singh Bhatia

Part of the Restructuring team of Deloitte since its inception with experience of more than 10+ insolvency cases including the largest and most complex insolvency cases in India such as:

• Aircel Group Companies (Telecom) – c. INR 20,000 cr debt size - Preparation of IM, Teasers, due diligence by potential RAs, Claim verification of more than 4000+ creditors, Cash flow management etc.
• OCL Iron and Steel Limited (Steel) – INR 3,200 cr debt size - Managed entire transaction from end to end and took care of resolution process and successful implementation of plan, stakeholder management, managing CoC, managing affair of company
• Lotus Group (Real Estate) – INR 2,000 cr debt size - Managed entire transaction from end to end and took care of resolution process and successful implementation of plan, due diligence process, claim verification etc.
• Pancards Club Limited (Real Estate) – c. INR 10,000 cr debt size - Managed large volume of claims (c. 16 lacs investors in a class), liason with SEBI/EOW, due diligence with RAs etc.
• Lavassa Group (Real Estate) – INR 7,000 cr debt size - Due diligence with successful RA, coordination with stakeholders, residents etc.
• Other key projects – Videocon Group (c. 55,000 cr), Bhusan Steel (c. 56,000 cr) etc. .

Gained both sell side and buy side experience in achieving successful resolution for companies under the resolution process. Developed a strong relationship with key lenders across the country and currently, also involved in business development initiatives, lender reach out etc.

In addition to this, have also gained experience in M&A field –

• Advised IOCL on acquisition of equity in two startups – prepared financial model, valuation analysis, reports to top management of IOCL.
• Provided pre IPO advisory to Sterlite
• Advised leading lubricant company with potential target to acquire.
• Involved in preparation of industry play book, road books for senior leadership and assisting in various Business Development initiatives.
• Preparing financial models and conducting multiple analysis to identify targets within particular investment size keeping in mind the needs of acquirer.

Worked on multiple assurance engagements across industries including

Software, Real Estate, Manufacturing, Breweries, Retail.

Involved in statutory audits, risk advisory and review of Internal Financial

Controls.

Analysed and reviewed valuation models based on DCF(rent capitilisation) and comparable transactions as part of assurance report on financial statements of a asset management company.