Leumi ABL’s Post

Jonathan Hughes, Regional Sales Director at Leumi ABL, recently participated in an panel discussion on UK funding trends, hosted by the The IFT and expertly moderated by Rob Asplin, Partner at PwC.   During the webinar, Jonathan shared his insights into the evolution of the asset-based lending (ABL) market over the past five years including:   📊 How total funds drawn across the ABL market remained consistent at £24bn from September 2019 to September 2024. 📉How the number of ABL clients decreased from 39,000 to 33,000, reflecting a strategic shift among lenders to focus on mid-market and mature companies rather than startups and very small SMEs. 📈 How the number of client companies with turnovers exceeding £100m increased by 20%, showing that ABL is increasingly utilised by larger, successful businesses.   We extend our thanks to the IFT and fellow panellists Niamh Buckley and David Stone for curating such an engaging and thought-provoking discussion, illustrating the critical role of capital in successful corporate turnarounds.   #FundingTrends #ABL #CorporateFinance #LeumiUK #IFT #turnaround

Leumi ABL is proud to have supported Mutares SE & Co. KGaA’ award-winning turnaround of Sheffield’s Special Melted Products Ltd by providing a £33 million working capital facility.   Leumi ABL played a key role in the strategic and financial efforts that culminated in the sale of the business for £144 million, almost a year after an acquisition for just £2.5 million.   The successful transformation garnered industry-wide recognition and highlighted the remarkable turnaround achieved through Mutares’ strategic vision and operational expertise alongside crucial financial support from Leumi ABL. The partnership earned Mutares the prestigious Actum award for the best private equity deal of the year in the £100-500 million category.   Ryan Whitworth, Regional Sales Director at Leumi ABL says: “We were an active financier and supporter who understood the company's potential and we were willing to back it substantially based on the plans Mutares presented, even though those ambitions were not yet being reflected in the actual or historical performance of the business. Being able to get under the skin of a business and understand what our partners are trying to achieve is fundamental to how we look to support and help firms.”   Thomas Cullis, Mutares Operating Partner said: “Leumi ABL’s ability to quickly understand the complexities of our business and provide a scalable, flexible finance facility was crucial to our success. Leumi’s support went beyond just financial backing; their strategic insights and swift execution enabled us to implement critical operational improvements and achieve remarkable growth. We look forward to continued collaboration with Leumi as we drive further value in our investments."   Read full story: https://lnkd.in/en7fH7WK   Phil Woodward | Mickey Schiller #BusinessTurnaround #PrivateEquity #LeumiABL #Mutares #StrategicFinance #FinancialSupport #ActumAward #InvestmentSuccess #CorporateFinance #PrivateEquityDealOfTheYear

Leumi ABL is proud to have supported Mutares SE & Co. KGaA award-winning turnaround of Sheffield’s Special Melted Products Ltd by providing a £33 million working capital facility.   Leumi ABL played a key role in the strategic and financial efforts that culminated in the sale of the business for £144 million, almost a year after an acquisition for just £2.5 million.   The successful transformation garnered industry-wide recognition and highlighted the remarkable turnaround achieved through Mutares’ strategic vision and operational expertise alongside crucial financial support from Leumi ABL. The partnership earned Mutares the prestigious Actum award for the best private equity deal of the year in the £100-500 million category.   Ryan Whitworth, Regional Sales Director at Leumi ABL says: “We were an active financier and supporter who understood the company's potential and we were willing to back it substantially based on the plans Mutares presented, even though those ambitions were not yet being reflected in the actual or historical performance of the business. Being able to get under the skin of a business and understand what our partners are trying to achieve is fundamental to how we look to support and help firms.”   Thomas Cullis, Mutares Operating Partner said: “Leumi ABL’s ability to quickly understand the complexities of our business and provide a scalable, flexible finance facility was crucial to our success. Leumi’s support went beyond just financial backing; their strategic insights and swift execution enabled us to implement critical operational improvements and achieve remarkable growth. We look forward to continued collaboration with Leumi as we drive further value in our investments."   Read full story: https://lnkd.in/en7fH7WK   Phil Woodward | Mickey Schiller #BusinessTurnaround #PrivateEquity #LeumiABL #Mutares #StrategicFinance #FinancialSupport #ActumAward #InvestmentSuccess #CorporateFinance #PrivateEquityDealOfTheYear

💼 Major Updates to the SME IPO Framework by SEBI SEBI’s latest amendments are designed to make the SME IPO process more robust, investor-friendly, and transparent. Here's how these changes strengthen the ecosystem 🌐: ⏳ Profit Requirement: Issuers must have an operating profit (EBITDA) of ₹1 crore in any 2 of the last 3 financial years to qualify for IPOs. ⏳ Offer for Sale (OFS): Limited to 20% of the total issue size, and selling shareholders cannot sell more than 50% of their holdings. ⏳ Promoter Lock-In: Promoters can’t sell all their shares at once. 50% will be locked for 1 year and the remaining 50% for 2 years, making sure they stay committed to the business. ⏳ Investor Allocation: The way shares are given to investors, especially small ones, will now be similar to large company IPOs. ⏳ General Corporate Purpose Limits : Companies can’t use more than 15% of the funds raised, or ₹10 crore (whichever is lower), for general business purposes, ensuring funds are used wisely. ⏳ Loan Repayment Restrictions: Companies can’t use IPO money to pay off loans from promoters or their family members. ⏳ Public Feedback on IPO Plans: Companies must now let the public comment on their IPO plans for 21 days, allowing more transparency and input. ⏳ Future Issues: Further issues are allowed without migrating to the Main Board, as long as SEBI (LODR) norms are followed, offering flexibility. This framework encourages Investors trust and confidence, ensures better governance, and opens new opportunities for SMEs with strong fundamentals. #SMEIPO #BusinessGrowth #SEBIUpdates #IndianMarkets #MerchantBanker

🚀 SEBI's New Rules for SME IPOs: A Game-Changer or a Speed Bump? The SME IPO market is buzzing with activity, but SEBI just dropped some big rules! If you're an investor, entrepreneur, or market enthusiast, this could reshape how you look at SME listings. Here's what you need to know 👇 🔑 Key Highlights from SEBI's Recent Meeting: Profitability Clause 🏦 SMEs must now show an operating profit of at least ₹1 crore in 2 of the last 3 years to file for an IPO. Restrictions on Fund Usage 💰 No more using IPO proceeds to repay loans to promoters, their groups, or related parties. Offer for Sale (OFS) Limits 📉 OFS cannot exceed 20% of the total issue size. Selling shareholders can't offload more than 50% of their holdings. General Corporate Purpose (GCP) Cap 📊 Limited to 15% of the IPO size or ₹10 crore, whichever is lower. Lock-In for Promoter Holdings 🔒 50% of promoter holdings beyond the minimum contribution locked in for 1 year. Remaining 50% released after 2 years. Investor Allocation Reforms 🧮 The allocation methodology for Non-Institutional Investors (NIIs) in SME IPOs is now aligned with the main board IPOs. Draft Document Transparency 📜 Draft IPO documents to remain open for public comments for 21 days. Why the Changes? SEBI is stepping up to protect investors and ensure only robust, sustainable SMEs access public funds. After a record year of ₹8,200 crore raised in SME IPOs, it’s clear the regulator aims to clean up the process while balancing market enthusiasm. 🤔 What Does This Mean for You? Entrepreneurs: Time to focus on profitability and solid disclosures. Investors: Tighter rules mean better protection but fewer high-risk, high-reward plays. 💬 Over to You! What do you think about these new rules? Are they a step forward for SME growth or a hurdle for smaller businesses? Drop your thoughts below or share this post to keep the conversation going! 👇 #smeipo #sebi #kcc #casandeep

🚀 SEBI’s New SME IPO Rules: A Bold Leap for Small Businesses! Thanks to SEBI's revamped IPO guidelines, India’s SME landscape just got a massive upgrade. 💡 These rules are set to make fundraising smoother, faster, and more transparent for small and medium enterprises—paving the way for limitless growth. 💼 What’s in it for SMEs? ✨ Easier access to capital markets = scaling made simple. ✨ Enhanced credibility = more investor confidence. ✨ Streamlined processes = less red tape, and more innovation. As SMEs rise, so do opportunities for retail and institutional investors to tap into high-growth, high-potential sectors. 📊 This is more than policy—this is progress. Ready to see SMEs transform into tomorrow’s powerhouses? Let’s fuel the conversation! 👇 Resource : https://lnkd.in/g66TBGMZ #SEBIUpdates #SMEIPO #SMEGrowth #SmallBusinessIndia #StartupEcosystem #InvestInIndia #PolicyReforms #Entrepreneurship #EconomicGrowth #CapitalMarkets #InvestorConfidence #InnovationLeadership #BusinessOpportunities

🚀 Cleaning Up the SME IPO Space: Tougher Rules on the Horizon? 💡 Did you know? The SME IPO segment has been buzzing with activity, but not all of it is for the right reasons. To safeguard the market and investors, SEBI is considering stricter regulations. Here's what the experts are saying: 🔎 Proposed Changes to Strengthen SME IPO Norms Lock-in Period for Investors: Experts recommend a mandatory 10-15 day lock-in for all IPO investors to discourage quick exits and margin-financed listing gains. 📊 Fact: SEBI's analysis showed over 50% of IPO investors exited within a week of listing (April 2021-Dec 2023). Entry Barriers for Participants: Allow only accredited investors with: Minimum net worth of ₹25 crore (entities). Liquid net worth of ₹5 crore and annual income of ₹50 lakh (individuals). ✅ This would filter participants based on financial stability and experience. Increase in Minimum Application Size: SEBI suggests raising the application size from ₹1 lakh to ₹2 lakh. However, market players are calling for a five-fold hike to ₹5 lakh to effectively deter retail investors with lower risk capacity. 📉 Recent Concerns: SME IPOs have shown extreme volatility in the initial days, driven by investors eyeing quick listing gains. SEBI's clampdown: The SME IPO of Trafiksol ITS Technologies was recently canceled, with orders to refund investor money. 📅 What’s Next? SEBI is set to deliberate on these proposed changes in a meeting on December 18. Market participants and investors eagerly await the decisions that could redefine the SME IPO space. 🗣 What Do You Think? Will tougher rules bring more stability to SME IPOs? Should lock-in periods and entry barriers be mandatory for all? Let’s discuss in the comments! 👇 #sme-ipo #sebi #kcc #casandeep

DBS is delighted to be the Sole Financial Adviser to Glory Mount (HK) Limited in the privatisation of Samson Holding, and joint lender in the club loan facility to Glory Mount (HK) Limited to fund a total scheme consideration of HK$422 million. Samson Holding has extensive experience in the furniture industry which dates back to 1995. Today, the company owns a portfolio of brands and manufactures furniture for homes, hotels and offices, and also provides procurement services in the U.S., China and other markets around the world. Samson Holding has been impacted by cyclical uncertainties in the U.S. home furnishing market, and the announced privatisation provides minority shareholders with liquidity and a premium exit strategy. This transaction adds to DBS’ Strategic Advisory track record in the consumer space, following its recent advisory in Thai Beverage’s proposed share swap, Southern Capital Group’s acquisition of RE&S Enterprises, and the general offer for Eu Yan Sang by Rohto Pharmaceutical and Mitsui & Co. Find out how DBS helps our clients transform their business and enhance shareholder value at https://lnkd.in/g6T6rwrH Tse-Wei Choe Eric Chen Tony Luo Wallace Lam #LeadingWithDBS #FinancialAdvisory #Privatisation #MergersAndAcquisitions

𝐀𝐫𝐞 𝐲𝐨𝐮 𝐭𝐡𝐢𝐧𝐤𝐢𝐧𝐠 𝐚𝐛𝐨𝐮𝐭 𝐚𝐧 𝐒𝐌𝐄 𝐈𝐏𝐎? Let's explore the possibilities together! Here is a step-by-step guide to navigating the SME IPO process in India. You can choose between the BSE SME and NSE Emerge platforms. Step-by-Step SME IPO Process: 1. Planning: Evaluate market conditions and appoint a merchant banker. 2. Preparation: Conduct due diligence and prepare the DRHP. 3. Approval Process: Submit applications, conduct site visits, and gain exchange approval. 4. Public Offering: Open and close the IPO, followed by trading. 5. Post-Issuance Compliance: Regular reporting and cooperation with exchanges. Timelines for SME IPOs: Due Diligence Process (6-10 Weeks) - Board approval - Intermediaries approval - Comprehensive due diligence - Draft Red Herring Prospectus (DRHP) preparation and filing Filing & Regulatory Approval (2-4 Weeks) - Exchange approval - Filing documents with ROC and SEBI Issue Program (2 Weeks) - Pre-issue preparations - Offer opens and closes - Statutory advertising Post-Issue Formalities (2 Weeks) - Finalize the basis of allotment - Submit documents to SEBI and the exchange - Trading begins Benefits of an SME IPO: - Access to capital for growth - Increased market visibility - Enhanced credibility Partner with experts to guide you through the IPO process and ensure a smooth transition to a public company. Our SME IPO Guide is here to help you every step of the way. Visit my YouTube channel for more content How SMEs Can Raise Funds: https://lnkd.in/gEr-N3PM What are SME IPOs and Benefits: https://lnkd.in/gP-AzKKD #SMEIPO #CapitalRaising #BusinessGrowth #BSESme #NSEEmerge #Entrepreneurship #Finance #IPOProcess GenZCFO ®

Are SME IPOs a Scam or a Game-Changer? The recent listing of three SME IPOs that hit a 90% upper circuit on Day 1 has sparked a lot of debate. While some may say SME Market is about manipulation and scams, I believe there’s more to the story. Sure, there are bad elements in every ecosystem, and the SME market is no exception. But with SEBI’s new regulations coming into play, such practices will be weeded out over time. The bigger question we need to ask is: Are SME IPOs inherently bad, or are they misunderstood? Here’s what I believe: 🔹 Real Growth for Companies The three recent IPOs that hit the upper circuit are testament to the fact that SME IPOs aren’t just about stock movements—they create genuine value. For businesses, these IPOs are a springboard for raising funds to expand nationally, internationally, build a recognizable brand, attract talent and so much more. 🔹 Opportunities for Investors SME IPOs are often overlooked gems. They come with: • High growth potential: Many of these companies are growing at 50%+ year-on-year. • Reasonable valuations: Unlike mainboard IPOs, SME companies often list at PE multiples of 12-15, offering substantial room for value appreciation for investors. 🔹 Challenges in the Ecosystem Yes, some corners of the SME space lack transparency, and manipulation does happen. But SEBI’s proactive steps are addressing these issues, and it’s only a matter of time before we see a cleaner and more robust ecosystem. These three IPOs are proof that SME markets, when approached correctly, can create value for both companies and investors. 💭 Final Thought: We can’t turn a blind eye to the challenges, but we also shouldn’t dismiss the opportunities. SME IPOs are helping build the next wave of companies that could become tomorrow’s market leaders. What’s your take on the SME space? Are you bullish or skeptical? Let’s discuss! #SMEIPO #Investing #India #InvestmentBanking #StockMarketInsights #InvestmentOpportunities #SEBIRules #IPOTrends #InvestorEducation #CapitalMarkets