Manoj Gupta

A strategist cum implementer with recognized proficiency in spearheading accounts & finance operations while achieving business growth objectives within turnaround & rapid changing environment. CA &

• CS Professional with 34 plus years of experience in Strategic Planning, Corporate Finance, Fund Management, Stakeholder Management, P&L Accountability, Budgeting &

• Cost Control, Process Optimization, Liaising &

• Coordination, Audits &

• Taxation. Demonstrated business acumen in leading and managing the accounts & finance operations while contributing higher growth. Establishing consistent and appropriate business practices, enhancing controls for risks; instituting teamwork and accountability throughout the entity. Proficient in devising innovative means to fund financial needs of the organization at difficult times. Expertise in managing inflow/outflow of funds; taking adequate measures to ensure optimum utilization of available capital towards the accomplishment of organizational objectives. Successfully brought down overall finance cost of the company through intense negotiation and strengthening relationships with banks & other financial institutions. Resourceful in coordinating audits; evaluating internal control systems with a view to highlight shortcomings & implementing recommendations made by Internal Auditors. Analytical, meticulous and quality-oriented professional with an eye for detail. An excellent leader & communicator with effective negotiation skills and ability to relate to people across all hierarchical levels in the organization.

Director (Finance) - Spray Engineering Devices Ltd

(2019-05)

The Company is pioneer in manufacturing of Energy saving equipments and is mainly catering to Sugar, Ethanol, Pharma and Jaggery Industry since 2004. The total revenue of the Company are Rs 600.00 crores. Besides this the other main vertical of the company is manufacturing of waste water recovering systems for which it is catering to Pharma, Paper, Chemical, Textile, Distillery, Sugar and mining Industries.

It is has done more than 800 installations in India and about 35 countries abroad and won many prestigious national and international awards.

• Managed Corporate Finance of more than 2000 Crores and dealing with about 12 Banks & financial institutions for Rana Sugars Limited, Rana Polycot Ltd., Rana Power Ltd., Superior Food Grains Pvt. Ltd, The Lakshmiji Sugar Mills Ltd. and RSL Distilleries Pvt. Ltd. The cumulative capacities of the Group are 35000 TCD sugar mills, 200MW Cogeneration bagasse based power, 500 KL Distilleries for bottling of IMFL, Country liquor and ethanol production. Besides this the group is having 80000 spindles tex
• Managing Corporate Finance, Accounts, Taxation, Costing, Audit, commercial and all allied functions of M/s Spray Engineering Devices Ltd.
• Instrumental in market valuation of the above company from Rs 30 crores to about Rs 1800 crores in a short span of 5 years.
• Arranged pre IPO money of about Rs 75 crores from Domestic and International Investors
• Handling all the process of filing of DRHP for the proposed IPO of the Company on Main Board. Dealing with all the agencies like merchant bankers, Lawyers, PR agencies and other IPO agencies.
• Raising funds of about Rs 300 crores from Alternative Investment funds by issuing NCD for investment in SPVs and getting Due diligence done through Big Four companies like E & Y, GT and Top law firms like Khaitan & Co.
• Arranging all the bank finance for working Capital, WCDL, TL , NFB loans for the company.
• Dealing with rating agencies, Insurance agencies, FEMA Compliance, Enterprise Valuation agencies etc.
• Spearheading entire gamut of Accounting, Finance, Financial Planning, Budgeting, Accounting Systems, Audit, Taxation, Costing, coordination with banks, Financial Institutions and State Corporations
• Preparing Plant Accounts, Corporate Accounts and finalization of Company Accounts as per requirements of various Statutory Bodies
• Responsible for fund Management, MIS reporting and budgeting, Devising accounting policies, procedures & internal control systems
• Formulating monthly & annual budgets as per organizational objectives, profitability norms and analysis of actual with all variances to improve functions of various departments
• Ensuring effective control over capital and revenue outlay & periodic reconciliation to ensure proper utilization of funds
• Working with Financial institutions, Commercial banks, foreign banks and State corporations for obtaining Financial Assistance through term loans & working capital to meet various requirements of the company
• Working with Credit rating agencies for getting long term and short-term credit ratings
• Liaising with various regulatory authorities to ensure statutory compliance for direct, indirect taxation and commercial matters
• Handling of commercial activities like purchases, dispatches, inventory management, debtors & creditors management
• Implementation of ERP system in all the departments of the organization
• Administering internal audits to ensure accuracy of organization's records and check for mismanagement, waste, errors or fraud
• Planning tax for minimizing taxation liability, filling returns as per Income Tax Act and handling TDS matters
• Managing public, GDR issues and PE investment while working with merchant bankers, brokers and all related agencies
• Overseeing legal documentation like creation of charge, etc. relating to finance from Banks & Financial Institutions
• Convening of all the Board & Audit Committee Meetings of the Group Companies
• Handling all the GST related work.
• Provided financial and business management leadership that facilitated growth from Rs 17.00 crores to Rs 3000.00 crores in 25 years
• Successfully arranged Rs 400 crores for expansion projects through Syndication from 8 Banks at 9%interest for Rana Sugars Ltd. and Rs 180 crores for Rana Polycot Ltd. through Syndication from 10 Banks at 9.75% (Fixed) p.a
• Played a key role in raising IPO of Rs 12.00 crores, private equity funding of 250 crores from Overseas Green Energy Fund and GDR of Rs 140 crores for Rana Sugars Limited from overseas investors
• Restructured Term Loans of Rs 242 Crores, reduction of rate of interest and tie up of working capital of Rana Sugars Ltd. under Corporate Debt Restructuring (CDR) mechanism and completed the same within 1.5 months
• Restructured Term Loans of Rs 160 Crores (under TUF), reduction of rate of interest, tie up of Working capital of Rs 165 Crore, extension of repayment period of Rana Polycot Ltd. under Corporate Debt Restructuring (CDR) mechanism and completed the same in 2 months
• Secured Concessional Funding (Quasi Equity),Soft loan of about Rs 215.00 crores from Sugar Development Fund , State Govts at concessional interest of 4% p.a.
• Secured various state and center subsidies from MNES, USAID for Cogeneration Power projects and TUF subsidy from Ministry of Textiles
• Instrumental in raising all the debt and equity of 6 major companies of the group having 10 manufacturing units

Chief Financial Officer - Rana Group of Companies - Chandigarh

(2008-04 - 2019-05)

General Manager – Finance - Rana Group of Companies - Chandigarh

(2000-04 - 2008-03)

Deputy General Manager – Finance - Rana Group of Companies - Chandigarh

(1998-04 - 2000-03)

Sr. Manager – Finance - Rana Group of Companies - Chandigarh

(1996-04 - 1998-03)

Manager – Finance - Rana Group of Companies - Chandigarh

(1994-04 - 1996-03)

Deputy Manager Finance - Rana Group of Companies - Chandigarh

(1992-09 - 1994-03)

Assistant Manager – Accounts - Atlas Cycle Industries Ltd. - Sonepat

(1991-01 - 1992-10)

B.Sc. - Science - Punjab University (1987)

CA - Chartered Accountancy - The Institute of Chartered Accountants of India (1990)

CS - Company Secretaryship - The Institute of Company Secretaries of India (1994)