Sale of Equinox Pre- Leased property

Nov- 2018
Disclaimer
• This IM (Information Memorandum) has been prepared on the basis of the information provided by the
Company, neither of which has been independently verified

• Neither Evervantage nor any other persons shall be liable for any direct, indirect, special, incidental,
consequential, punitive or exemplary damages, including lost profits arising in any way from the information
contained in this communication

• This IM is being furnished on a strictly confidential basis; neither this IM nor the information and analysis
contained herein may be reproduced or passed to any third person or used for any purpose other than
exploring the interest of the recipient in the strategic opportunity set forth herein

• This Information Memorandum is for your private information only and does not constitute an analysis of all
potentially material issues nor does it constitute an offer to buy or sell any investment. Prior to entering into
any transaction with Evervantage, you should consider the relevance of the information contained herein to
your decision given your own investment objectives, experience, financial and operational resources and
any other relevant circumstances. Views expressed herein are not intended to be and should not be viewed
as advice or as a recommendation. You should take independent advice on issues that are of concern to you

• This communication is for the use of intended recipients only and the contents may not be reproduced,
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Building Elevation

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Google View: Indraprastha Equinox
100 Feet Rd, Venkappa Garden, Ejipura, Bengaluru,

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 Indraprastha Equinox Details
Monthly Yearly
Leased Rent Car Park rental rental
Area (Sq Commencemen Lock in Lease Tenure Security Rent (INR Rent (INR income Incl income Incl
Lessee Ft) t Date period tenure period left Escalation Deposit per month) per month) carpark carpark

Infiniti 25-Jun-10 3 years

Retail Ltd ( 15% every 3
Tata Croma) 11,341 18 years 11 Years years 6,318,752 2,068,658 40,250
Sunquest
Information 1-Sep-16 3 years
Sysems Pvt 5% every
Ltd 15,000 9 years 8 Years year 15,000,000 1,575,000 58,800 2,108,908 25,306,898

M Tech 5 years 5% every

Solutions 9 years 9 Years year 1,800,000 900,000 - 900,000 10,800,000 1,633,800 19,605,600
OptumSoft
Research Pvt 3.3 years 5% every
Ltd 5 years 5 Years year 6,060,000 636,300 36,750 673,050 8,076,600 900,000 10,800,000

Prizm Payment
Service Pvt NA
Ltd (Citi 5% every
Bank) 5 years 2 Years year 400,000 56,284 - 56,284 675,408 673,050 8,076,600
Think & Learn
Pvt Ltd 3 years 10%every
(Byju's) 10 years 7 Years year 8,250,000 1,068,100 20,000 1,088,100 13,057,200 56,284 675,408

K K Eateries
Pvt Ltd (Bak 1 year
Bak Bar &
Bakasura 5% every
restaurant) 9 years 7 Years year 2,880,000 500,094 - 500,094 6,001,128 1,088,100 13,057,200

Born commerce 1 year 1 year 1 year 5% every

Pvt Ltd year - - 19,500 19,500 234,000 500,094 6,001,128

Proposed 1 year 5% every

Hoarding 10 years 10 years year 800,000 400,000 400,000 4,800,000 19,500 234,000

68,366 41,508,752 7,204,436 175,300 7,379,736 88,556,834

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 Indraprastha Equinox Details
Yearly rental
Leased Area (Sq Rent Commencement Increment amount Increment amount income Incl
Lessee Ft) Date Escalation (Rent) (Carp park) carpark

Infiniti Retail 25-Jun-10 15% every 3

Ltd ( Tata Croma) 11,341 years 46,300 27,859,766
Sunquest
Information Sysems 1-Sep-16
Pvt Ltd 15,000 5% every year 2,275,347 61,740 20,585,880
5 years
M Tech Solutions 9 years 5% every year 1,653,750 - 11,340,000
OptumSoft Research 3.3 years
Pvt Ltd 5 years 5% every year 945,000 38,588 8,480,430

Prizm Payment NA
Service Pvt Ltd
(Citi Bank) 5 years 5% every year 668,115 - 709,178
Think & Learn Pvt 3 years
Ltd (Byju's) 10 years 10%every year 59,098 20,000 14,340,000

K K Eateries Pvt
Ltd (Bak Bak Bar & 1 year
Bakasura
restaurant) 9 years 5% every year 1,175,000 - 6,301,184
Born commerce Pvt 1 year 1 year
Ltd 5% every year 525,099 20,475 245,700
1 year
Proposed Hoarding 10 years 5% every year - - 5,040,000

68,366 7,721,409 187,103 94,902,139

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 ROI Calculation
Parameters Details
Sale Area (sq. ft.) 68366
Rent (Rs./ sq. ft./ month) 125/-Approx
Parameter Monthly Annual
Average Rent (Lock In Period -3Years) Revenue 7,379,736 88,556,834
Property Tax Expenses (1116000)
Net Income (Annual) (A) 87440834
Security Deposit (B) 41,508,752

Asking Sale Value : 130cr

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