Komal Sharan
Delhi NCR
Summary
Strategic finance, treasury and fund raising professional with 18+years of specialized experience across financial controls, capital structure and balance sheet management. Successfully delivered strategic projects for Vedanta Group and Bharti Enterprises in excess of USD 30bln across equity and debt raises, public/ private markets, international/ domestic structures – loans, bonds, IPOs, QIP, Secondary sales, M&A, take private and hybrid structure. At the same time, experienced in driving core finance through enhanced business partnering, process controls, finance transformation and risk management. Have worked with seasoned promoters to take large companies to markets across India and overseas, create sustainable operating structures, drive value illumination, regulatory compliance while ensuring highest standards of governance. Besides strong domain, product and structuring expertise, have uniquely built wide ranging relationships with global fund managers, investors, banks and strategic partners.
Overview
18
18
years of professional experience
Work History
CFO
One Mobikwik Limited
12.2024 - Current
- Leading the finance function of a newly listed company across core and strategic finance
- Provide overall leadership to the CEO to drive revenues, curtail costs and overall ROCE
- Leading finance transformation to set up systems, processes and controls across all areas of finance - ERP implementation, control automation, improved disclosures, right accounting standards, SEBI and Companies Act compliances
- Responsible for managing treasury, M&A and Investor Relations to broaden the stakeholder horizon of the company – enhanced banking lines, added new investors and delivered 4 sets of audited results for the company
- Proactively working with board and key stakeholders (large anchors / Pre IPO investors and banks) in managing lock-ups expiry / blocks / new liquidity pools to smoothen the initial stock volatility post listing
- Building teams and talent pipeline for future through structured assessments
Group Head of Treasury
Vedanta Group
02.2023 - 12.2024
- Key member of the Vedanta leadership team tasked with managing all aspects of Treasury (~$17bln debt stack) across UK parent and India.
- Entrusted with proactive capital structure management, investments planning, FX management, banking relationship, bondholder and rating agencies engagement.
- Successfully raised ~$6bln in term and working capital debt financing in Vedanta India besides raising over ~$1bln through innovative structures with commodity traders.
- Refinanced ~$2.2bln bond complex of Vedanta Parent in the UK while reducing cost from 14%+ to sub 9%.
- Core team member which ideated and executed a globally one of its kind Liability Management exercise for the group by raising ~$1.25bln facility– transaction won the best turnaround trade at IFR Asia.
- Group relationship lead for all senior level sponsorship across banks- PSU’s, private domestic and foreign banks, large global credit funds, public market investors across debt and equity.
- Interface and lead the Ratings program of the group with domestic and international agencies- on the back of refinancing was able to secure a multi notch upgrade.
Head of Strategic Finance and Chief Investor Relations Officer
OYO
04.2022 - 02.2023
- Key member of the leadership team working closely with the Founder on listing.
- Involved in all aspects of taking the company public- SEBI and bank interface, audit closures, quarterly and annual reporting, investor engagement, strategic planning, M&A and divestments.
- Proactively strengthening balance sheet through opportunistic issuances and liability management of debt.
Group Head of Equities
Bharti Group
04.2018 - 03.2022
- Leading the Global Equity and Investor Relations function at Bharti Group.
- Have successfully helped Bharti raise ~USD 13bln through equity and quasi equity instruments between 2019-21 alone.
- Key projects delivered include: Equity Capital Raising.
- Lead the IPO of Airtel Africa simultaneously on the London and Nigeria Stock Exchange for a market cap of ~ USD 3bln.
- Responsible for ensuring multiple expansion for superior valuation and end to end project steering.
- Led over USD 12bln fund raise at Airtel in public and private market formats - structured as QIP, Rights, Preferential allotment and Hybrids.
- Tested innovative formats such that despite dilution, stock rallied each time to break-out to lifetime highs.
- Worked with marquee names on cap table – Google, GIC, WP, Temasek.
- Have led over USD 7bln in bonds issuance in perpetual, senior and subordinated bonds.
- Lead Bharti’s efforts to tap the INVIT/ REIT market through structuring unique combinations of annuity assets such as towers, fiber, Data Centers.
- Worked with large global Private Equity funds for strategic partnership in the new age businesses housed under the Telco such as Fintech, OTT, Digital Assets to drive differential value illumination.
- Worked with marquee global funds on large special situations / take private for undervalued subsidiaries and rewrapping in more congenial formats.
- Designated CIRO for Airtel - managed key external stakeholders from the investment community.
- Proficient in all applicable listing and compliance regulations.
- Closely involved in financial closure, results preparation, positioning, regulatory releases, earnings narrative.
Head of Programs-Chairman’s Office
Bharti Enterprises
12.2015 - 04.2018
- Directly worked with the Chairman to oversee capital allocation, M&A, strategy, investment decisions and governance.
- Aided the Chairman in critical decisions around expansion, consolidation, fund raising and divestments - across listed companies and business/franchise deals in Insurance, foods, real estate.
- Interfaced with large partners/ financial sponsors/ investors for alignment on strategy, structuring and funding plans of companies.
- Involved in key Chairman led strategic alliances with partners such as Facebook, Netflix, Google and Ericsson, as part of Telco 2.0 strategy implementation.
Deputy General Manager, Debt Origination
Bharti Enterprises
08.2014 - 12.2015
Investor Relations Manager
Bharti Enterprises
06.2011 - 08.2015
Associate
Merrill Lynch International
London
06.2007 - 10.2009
- Portfolio Management (USD 5bln): Worked at Merrill Lynch’s Emerging Markets proprietary trading desk - with a mandate to invest and trade over USD 5bln worth of structured fixed income risk in EMEA region.
Education
PGDBM (2-year Full Time MBA) -
Indian Institute of Management, Ahmedabad
Bachelor of Economics (Honors) -
Lady Shriram College: University of Delhi
CBSE X and XII -
St Marys’ School
New DelhiSkills
- Fund raising and stakeholder relations
- Strategy
- Business Partnering
- Finance Transformation
Sensitivity
Public (C4)
Languages
English, Hindi
First Language
Timeline
CFO
One Mobikwik Limited
12.2024 - Current
Group Head of Treasury
Vedanta Group
02.2023 - 12.2024
Head of Strategic Finance and Chief Investor Relations Officer
OYO
04.2022 - 02.2023
Group Head of Equities
Bharti Group
04.2018 - 03.2022
Head of Programs-Chairman’s Office
Bharti Enterprises
12.2015 - 04.2018
Deputy General Manager, Debt Origination
Bharti Enterprises
08.2014 - 12.2015
Investor Relations Manager
Bharti Enterprises
06.2011 - 08.2015
Associate
Merrill Lynch International
06.2007 - 10.2009
PGDBM (2-year Full Time MBA) -
Indian Institute of Management, Ahmedabad
Bachelor of Economics (Honors) -
Lady Shriram College: University of Delhi
CBSE X and XII -
St Marys’ School