FIPB has approved ADM Investor Services International's (UK) proposal to buy 100% stake in
Admisi Commodities Private Limited.
However, it is not clear whether the approval was given under fund-based or fee-based classification.
Transaction Reference: ET
ADM Investor Services International is a member of all the major commodity exchanges worldwide and an indirect subsidiary of ADM Company, one of the world’s largest physical commodity players.
Fund-based classification requires the investor to bring in $50 mn capital while fee-based classification capitalisation norm is at $0.5 mn.
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4126
3836
944
4256
972
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17633
42
1639
25439
3002
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1343
458
3139
32625
140
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24534
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KVEZAR VIEW
| Date | Transaction | Type | Buyer | Size ($mn) |
| 09/08/10 |
Admisi - ADM Investor Services |
M&A |
ADM Investor Services International Limited |
- |
| Date | Type | Buyer | Target | Size ($mn) | State |
| 11/05/12 |
M&A |
Warburg Pincus International |
Future Capital Holdings Limited (Co.) |
- |
Planned |
| 08/05/12 |
M&A |
HCL Group |
DLF Pramerica Life Insurance Company Limited |
- |
Planned |
| 08/05/12 |
M&A |
AEGON |
Aegon Religare Life Insurance Company Limited |
- |
Rumor |
| 02/05/12 |
Private Equity |
International Finance Corporation |
MAS Financial Services Limited |
12.00 |
Planned |
Company |
| Name | Promoters | Office | Competitor | Website |
| Admisi Commodities Private Limited |
MAPE Advisory Group ADM Investor Services International Limited |
Unit No. 206/207, 2nd Floor Trade Centre, Bandra Kurla Complex, Bandra (East)
Mumbai – 400051. |
|
www.mape-admisi.com |