Institutional AdvisoryStructured FinanceStrategyRisk & ESG

Capital is not scarce. The right counsel to deploy it is.

Aegle Marmelos Capital Advisors LLP acts as a high-conviction advisory partnership and a seamless extension of corporate leadership teams — transforming strategic intent into tangible outcomes for large corporates, business owners, investors and conglomerates.

The Name

Our name is inspired by Aegle Marmelos — commonly known as Bael, a sacred Indian plant offered to Lord Shiva. Renowned for its rich bioactive compounds and medicinal properties, Bael symbolizes resilience and healing. We embody this same spirit, serving as a seamless extension of our clients' management teams.

“Your Trusted Partner for Success.”

Core Thesis

A strategic reality audit for modern infrastructure & EPC enterprises

Modern infrastructure and EPC entities navigate demanding operational parameters where traditional generalist consulting frameworks routinely fall short.

Bid-Level Margin Compression

Intense competitive pricing pressures eroding margin buffers across competitive bids and tenders.

Stretched Working Capital

Elongated collections and trade financing operational cycles creating persistent liquidity friction across long-term asset development.

Enterprise Value Risks

Unmitigated project execution, design mismatches, and contract complexities damaging asset valuations.

The Aegle Marmelos Strategic Approach

We act strictly as a high-conviction advisory partnership and a seamless extension of corporate leadership teams — delivering practical execution where others deliver only recommendations.

Institutional Strength

Scale, footprint and execution capability

Senior operators with deep cross-border visibility and a demonstrated capital markets footprint.

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Years of Combined Leadership

Led directly by senior operators who have built, scaled, governed, and restructured high-impact enterprises across multiple jurisdictions.

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Countries of Business Exposure

Deep operational and financial visibility spanning cross-border transaction networks and key trade corridors globally.

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Debt Mobilization Footprint

Demonstrated execution capability across high-value debt syndications, structured products, and capital market arrangements.

Why Aegle Marmelos Stands Out

Senior-Led Execution

Engagements led directly by experienced principals who understand institutional decision-making.

Outcome-Oriented Model

Success-linked fee structures aligned entirely with client metrics and value creation.

Strategic Ecosystem Access

Direct connectivity across domestic/international lenders, ECAs, and capital market pools.

From bid readiness to financial closure — one connected network of capital, capacity, and conviction.

Aegle Marmelos
Leadership Profiles

An experienced principal partnership

A partner page built like a serious advisory firm — every mandate anchored to operational reality by experienced principals.

Shivdutt Das

Shivdutt Das

Promoter & Managing Partner

Management professional with over 23 years of global experience spanning strategic finance, international business, manufacturing, risk management, structured finance, and project advisory. Has held senior leadership positions with United Spirits, ICICI Prudential, Bharti AXA, Tata AIA, Reliance Nippon, Ajeenkya DY Patil Healthcare, and Vishwa Samudra Group.

Anand Rathod

Anand Rathod

Partner – Corporate Finance, Treasury & CFO Advisory

Chartered Accountant with over 20 years of experience across strategic financial planning, treasury management, project finance, debt syndication, and banking relationships. Over his career, Anand has been associated with cumulative debt mobilization exceeding INR 50,000 crore.

Parvez Damania

Parvez Damania

Partner – Infrastructure, Aviation & Public Sector Advisory

Recognized as a pioneering figure in India's post-liberalization private aviation sector. With over three decades of experience across aviation, shipping, infrastructure, agribusiness, and financial services, he brings exceptional credibility and insight via past associations with Damania Airways, Air Sahara, Kingfisher Airlines, and JNPT.

Direct C-Suite Governance

Every engagement is managed directly by these experienced principals to anchor corporate financial strategy directly to operational realities.

Core Execution Team

Specialized cross-functional specialists

A bench of domain operators executing across capital markets, trade finance, risk transfer, human capital and analytics.

Harish Agrawal

Senior Advisor – Strategic Planning, Finance & Controls

MBA (Finance) and Cost & Works Accountant with 25+ years in strategic planning, corporate finance, and infrastructure business management. Senior leadership roles at JMC Projects, GVK Airports, and HCC Infrastructure, managing ₹5,000+ Cr in debt and equity raising, credit ratings, business valuation, and claims management.

Dinesh Chandak

Corporate Finance & Capital Markets

Chartered Accountant with 20+ years in treasury management, structured debt formulation including NCDs and Commercial Paper, and institutional credit rating liaison.

Gaurav Bhadada

Trade Finance & Working Capital

Specialist in off-balance sheet trade financing instruments, factoring structures, liquidity optimization, and compression of corporate cash conversion cycles.

Pushpak Kakkar

Insurance Distribution & Risk Solutions

MBA from NMIMS with 22+ years across telecom and asset risk transfer. Specializes in structuring Contractors' All Risks policies and Bid/Surety Bonds.

Ganesh P. Chaturvedi

Human Capital & Organisational Advisory

33+ years of public/private organizational performance engineering, workforce structuring, and advanced corporate risk optimization; certified by the Insurance Institute of India.

Ajay Agarwal

Strategic Stakeholder & Investor Relations

Manages institutional investor communications, capital market messaging, and analytics-driven operational interventions to safeguard enterprise margins.

Ajay Gawande

Business Analytics & Project Execution

Acts as the key analytical bridge tracking operational milestones, delivery discipline, cross-functional coordination, and core enterprise KPI alignment.

Advisory Verticals

Four integrated verticals, one execution partner

Our complete service index. Every practice area and every service we deliver, laid out in full.

Vertical I

Infrastructure Project Advisory

Delivering infrastructure projects from bid readiness to financial closure and execution governance

Pre-Qualification (PQ) Support

  • Rigorous review and structured evaluation of complex tender eligibility criteria.
  • Detailed mapping of technical and financial qualification requirements.
  • Strategic consortium structuring and partner qualification matching.
  • End-to-end pre-qualification document compliance verification and experience credential mapping.

Optimized qualification success rates and defensible strategic positioning for large mandates.

Bid Advisory & Stakeholder Management

  • Commercial, technical, and contractual risk allocation analysis.
  • Pre-bid representation and query governance with project authorities.
  • Preparation and packaging of integrated technical and commercial tender submissions.
  • Regulatory compliance tracking, statutory coordination, and tender amendment interpretation.

Competitive, structurally compliant, and commercially de-risked tender bids.

Financial Closure Execution

  • Building, scaling, and stress-testing bankable project financial models.
  • Information memorandum synthesis for syndicated commercial debt raising.
  • Lender mapping, institutional outreach, and multi-agency due diligence coordination.
  • Financing documentation management through successful financial closure.

Efficient capital mobilization and compressed timelines to first financial drawdown.

Stakeholder Liaising

  • Liaisoning with the relevant Authority to understand the project requirement.
  • Discussion on best-suited modalities of the project execution.

Project development requirement and clarity on the mode of execution.

Project Evaluation & Collaboration

  • Identification of project requirements and forming collaborations best suited to the tender conditions.
  • Collaboration with the interested parties to participate in the tenders.
Vertical II

Capital Advisory

Domestic Corporate Debt, International Project Finance & Liquidity Enhancement

Project Term Financing

  • Capital structuring and institutional credit placement for large-scale infrastructure developments.
  • Project term loans with repayment architecture tied to long-term project cash flows.
  • Syndicated placements across local commercial banks, NBFCs, and financial institutions.
  • Mezzanine debt, refinancing, debt restructuring, and project divestment support.

Optimized capital structures and improved financial flexibility.

Equipment & Asset Financing

  • Equipment loans
  • Lease financing
  • Sale and leaseback transactions
  • Construction equipment financing
  • Industrial machinery funding
  • Fleet and transportation asset financing

Efficient asset acquisition with optimized capital deployment.

Mezzanine & Hybrid Debt

  • Custom subordinated debt and credit structures to bridge funding gaps between promoter equity and senior debt.
  • Flexible hybrid instruments balancing risk profiles.
  • Mitigation of promoter equity dilution during growth phases.

Refinancing & Recycling

  • Balance sheet refinancing, loan repricing, and maturity tenor extension.
  • Strategic asset monetization and equity exits to InvITs and private credit pools.
  • Enterprise liquidity optimization and lower weighted average cost of capital.

Cross-Border Capital Architecture

  • Non-recourse and limited-recourse international financing packages backed by Export Credit Agencies.
  • Structures designed to unlock long tenors, optimized pricing, and political/commercial risk insulation.
  • ECA-backed project finance structures.
  • Untied ECA Push Facility arrangements.
  • Sovereign and commercial enhancements.

Trade Finance & Liquidity Enhancement

  • Off-balance sheet frameworks: structured trade credit networks to expand operational capacity without inflating leverage.
  • Supply chain finance, non-recourse factoring, and structured trade finance mechanisms.
  • Banking limit optimization: LC and BG placement, structuring, and issuance advisory.
  • Restructuring of fund-based and non-fund-based credit lines; cash credit line alignment and overdraft review.
  • Bespoke cash flow engineering: vendor financing, distributor networks, invoice discounting, receivables financing, structured bill discounting, and inventory funding to unlock latent cash flows.

Active Institutional Footprint

Export Credit Agencies (ECAs)

  • SERV, Switzerland
  • Atradius DSB, Netherlands
  • EKN, Sweden
  • Euler Hermes / Allianz Trade, Germany
  • OeKB, Austria
  • SACE, Italy
  • ICIEC, Middle East
  • India EXIM Bank

Global Banking Access Lines

  • DZ Bank
  • Deutsche Bank
  • Santander
  • Citi Bank
  • Commerzbank
  • Raiffeisen Bank International AG
  • Multilateral & Bilateral Guarantee Pools
Vertical III

Insurance Advisory & Risk Transfer

Asset Insulation, Project Surety Systems & Specialty Liability Coverage

Bidding Capacity & Surety Engineering

  • Substitution of commercial bank guarantees through customized Performance Surety Bonds.
  • Advance Payment, Retention Money, and Maintenance Bond structuring.
  • Preservation of bank lines and reduction in collateral lock-ups.

Construction Risk Insurance Placement

  • Contractors' All Risks and Erection All Risks placement.
  • Protection against physical asset damage, natural catastrophes, design hazards.
  • ALOP, third-party liability, testing, and delay-in-start protection modeling.

Reinsurance Advisory & Capacity Enhancement

  • Facultative and treaty reinsurance alignment.
  • Connects large corporate projects with global underwriting capacity.
  • Mitigates catastrophic exposure while maintaining financial logic and cost optimization.

Corporate Specialty Liability & Risk Mitigation

  • Executive Indemnity: Directors & Officers liability, Errors & Omissions frameworks, and professional indemnity for engineering and design-and-build consultants.
  • Specialty Domain Risks: media and film production risk insulation; sports league, athlete accident, team travel, and stadium venue policies; event cancellation risk mitigation models.
  • Enterprise Coverage: cyber risk governance and liability frameworks; marine cargo, transit protection, fire, special perils, and asset protection; business interruption policies to protect ongoing corporate cash flows.
Vertical IV

ESG, GRC & Compliance Audits

Institutional Sustainability Frameworks & Risk Controls

ESG Strategy & Green Readiness

  • Integration of sustainability principles into project workflows.
  • BRSR design and disclosures.
  • Materiality assessments, impact reviews, climate risk metrics, and carbon mapping.
  • Strategic positioning to capture ESG financing premiums from global capital markets.

GRC Systems & Forensic Governance

  • Enterprise Risk Management architecture, risk registers, and operational control mapping.
  • Risk-based operational, process, compliance, internal control, and location audits.
  • Fraud tracking controls, vigilance monitoring, and forensic audits to halt revenue leakages.
  • Whistleblower frameworks, ethics programs, and crisis management support.
Sector Coverage

High-impact segments across the asset lifecycle

Deep mandate coverage spanning hard infrastructure, energy transition, social infrastructure and economic development.

01

Infrastructure

Highways, arterial roads, metro rails, structural transit bridges, maritime shipping ports, airport logistics, and housing.

02

Energy & Power

Utility-scale solar and wind farms, transmission networks, power distribution corridors, and oil & gas pipeline networks.

03

Social Infra

Healthcare networks, pharmaceutical manufacturing hubs, commercial real estate, and urban water/wastewater networks.

04

Economic Development

Advanced industrial parks, smart cities, heavy manufacturing hubs, and heavy capital goods procurement pipelines.

Engagement Process

From assessment to financial closure

1

Assess

Comprehensive audit of current corporate capital structures, leverage baselines, and tender eligibility metrics.

2

Structure

Strategic engineering of bankable credit structures, custom risk transfers, and GRC compliance matrices.

3

Arrange

Execution of global lender matching across domestic banks, international pools, and sovereign ECAs.

4

Execute

Management of information memorandums, pre-bid query interfaces, and financial closure tracking.

All client advisory engagements are strictly senior-led directly by experienced partners with performance-aligned, success-linked fee metrics.

Contact

Let's build something enduring together.

We welcome the opportunity to partner with you. Reach out to discuss your strategic, financing, and risk advisory needs.

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