Novin Investment Bank

Novin
Investment Bank
Leading Investment Bank
Your Trusted Gateway to Invest in Iran
www.NOVINIB.COM
We Provide All
Services You May Need to
Invest in
Iran
Company Summary (As of September 2015)
Equity………………………….……………….........……..100 million euros
Total Assets ……………………………………..………..1000 million euros
Annual Income ……………………….…….….….……….. 35 million euros
Wealth management clients ………….........………..3600 investors
Total financing till date …………………....…...….. 1500 million euros
Average Return on AUM in 2015………….....……........…………..25%
No. of Employees……………………………………............…………...160
No. of Funds under Management …….……….....................……..11
Iran:
Unique Opportunities
Iran is considered an appropriate country for business and enjoys various specifications suited for investment:
Strategic location: An exclusive location in the heart of the intersection where Middle East, Asia and Europe meet and an
area, which owns an immense significance because of business, customs, and tax arrangements as well as regional and crossregional investments;
Facilities of domestic markets and vicinity to other markets: The vast domestic markets, with an ever-increasing population of
80 million, and quick accessibility to neighboring populated markets;
Labor force advantages: A huge reserve of trained, efficient and economical human forces in a diverse economy with multiple
industries and services sectors;
Developed substructures: A network of massive substructures nationwide in underlying fields such as roads, railways, etc.;
Low costs of production and public services: A diverse range of energy, telecommunication, transportation, and public services;
Abundant natural resources: Enormous and various reserves of natural resources, crude oil, and gas as well as metals and
nonmetals indicating easy access to raw materials;
Climatic conditions: Enjoying four-season weather as an advantage for agricultural activities throughout the country and all
over the year;
Financial encouragements and variety of tax exemptions: Adjustment of rates of corporate income tax to 25 percent;
New protective Investment Act: Foreign Investment Promotion and Protection Act (FIPPA)
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How to
Invest in Iran
Direct (Strategic Investment)
Equity:
- Listed Companies
- Private Companies
- Start Up & Venture Capital
Fixed Income securities:
- All kinds of Islamic financial instruments such as Ijarah,
Musharakah and Murabaha, Mudarabah, Istisna Sukuk.
- Certificate of Deposits
Contractual arrangements:
Protective legislations
Protection by Foreign Investment Promotion and
Protection Act (FIPPA)
Covering all types of investments from FDI to different types
of financing methods
A flexible and facilitated regulatory practices for the access
of foreign investors to foreign exchange for capital transfer
purpose and creation of one stop shop called “Center for
foreign investment service”
Bilateral Investment Treaties with other countries
Double Taxation Treaties with other countries
Procedures
Under FIPPA, foreign direct investment licensing is designed in
a very short and simplified manner in five below stages:
1. Due diligence and investment appraisal by a local authorized
investment bank
- Buy back arrangements
2. Submission of application to the OIETAI
- Civil partnership
3. Review of the application by the Foreign Investment Board
- BOT schemes
4. Communication of the Draft License to the Foreign Investor
5. Issuance of the Investment License
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How to
Invest in Iran
Indirect (non-strategic Investment)
Equity:
- Listed companies In the exchange or OTC (traded by order or On-line)
Mutual Funds:
- Shares
- Fixed income securities; All kinds of corporate, governmental,
municipality’s sukuk such as Ijarah, Musharakah, Murabaha,
Mudarabah, Istisna
- Exchange Traded Funds
Project specialized funds in real-estate and other sectors
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Protective legislations
According to the Regulations governing in the foreign
- Foreign entities shall have to submit the required
investment in the exchanges and OTC markets, application
information and documents to the TSEO organization
procedures for foreign investment in Tehran Stock
along with an application based on the forms
Exchange simplified, however some restriction as follow
prescribed by the organization so as to obtain a
imposed:
license for trading in securities on every exchange or
- The number of shares owned by the total foreign
OTC market.
investors shall not exceed 20% of the total shares
number of the companies listed on the exchange or
on the OTC market or 20% of the shares number of
1. Submission of required forms and applications to the
any company listed on the exchange or on the OTC
SEO through a local authorized investment bank or a
market.
brokerage.
- The number of shares owned by each foreign investor
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Procedures
2. Reviewing the documents by SEO
in any company listed on the exchange or on the OTC
3. Issuing the trade license
market shall not exceed 10% of the shares number of
4. Trade by order or On-Line
such company
5. Opening a trading account within a brokerage
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Who We Are?
The NOVIN Investment Bank Group, affiliated mainly by Eghtesad Novin commercial bank and founded in 2008, is a full
financial service provider, with an established network and proven successful experience in Iran.
We are a pioneer investment banking firm, utilizing a range of tailored financial services for a diversified network of clients
including Iran’s largest Oil & Gas, Petrochemicals, Power, and Communication, Civil & Construction, Steel, Transportation
and other industrial and financial sectors.
We are a leading provider of merger and acquisition advisory services in Iran. With industry expertise, extensive
transaction experience, we deliver and tailor services to our clients’ needs.
As an Iranian leading debt financing house, we provide our clients with best-in-class advisory and execution. We originate,
structure and market debt instruments including loans, bonds and private debt placements.
Research is the foundation for everything we do for our clients. We provide original, fundamental insights and analysis for
clients in the currency, interest rate, equity, credit and commodities markets.
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Our Structure
Our major shareholders:
Eghtesad Novin bank Group(58%)
Rayan Hamafza (IT Platform) (34%)
Behshahr Group(10%)
Novin Investment Bank Brokerage (67%)
Askariyeh Credit Group(8%)
Novin Investment bank Advisory (89%)
Sakhteman Iran Investment Group (8%)
Ghadir Investment Group (8%)
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Our subsidiaries:
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What We Do?
Sector Coverage
Helping companies to Grow
Corporate
Finance
Asset
Management
Brokerage
Financial
Software
Research
Financing
Private Banking
Trade
Trade
Platforms
Macro &
Sector
Risk
Management
Mutual Funds
Sales
Mutual Funds
Corporate
M&A
Business
Development
Products
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Our References
Mining
2015
Transportation
toSe’e MellI MInInG anD
InDUStRIeS CoMpany
Two iron ore concentrate and
pellet plants
2011
Machineries
2012
Mahan aIR
BUtane
Airbus 300B4 – 605R
CKDs for Production
USD 30,000,000
IRR 290 bIn
USD 12,000,000
IRR 301 bIn
First Istisna Sukuk in Iran
First Ijarah Sukuk in Iran
First Murabahah Sukuk in Iran
3 Years
20%
Underwriter &
Market Maker Manager
Novin IB
20%
4 Years
2012
Infrastructure Projects
Energy
2012, 2013
21%
Underwriter &
Market Maker Manager
2011, 2012,2013
4 Years
Lead Underwriter &
Market Maker Manager
BANK SADERAT IRAN
Construction
2010
Novin IB
Energy
2011
WateR & WaSteWateR Co.
ShIRaz MUnICIpalIty
alBoRz taat ConStRUCtIon
eneRGy exChanGe
Water Infrastructure Projects
Municipality Infrastructure Projects
Trade, sport and cultural center in
west of Tehran
Initial Public Offering
USD 600,000,000
IRR 9,950 bIn
USD 300,000,000
IRR 5,550 bIn
USD 96,000,000
IRR 1,000 bIn
USD 16,000,000
IRR 200 bIn
Certificate of Deposit
Due Dilligence
USD 7,000,000,000
IRR 230,000 bIn
Due Dilligence
Musharakah Sukuk
20%
Price Evaluator
Musharakah Sukuk
4 Years
20%
Underwriter Manager
Novin IB
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Musharakah Sukuk
20%
4 Years
Novin IB
Infrastructure
USD 50,000,000
IRR 1,200 bIn
Ijarah Sukuk
2 Years
Initial Public Offering
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MInIStRy of CIvIl
USD 150,000,000
IRR 4,500 bIn
Novin IB
Novin IB
peRSIan GUlf petRoCheMICal
InDUStRIeS
Novin IB
2013
Infrastructure
teleCoMMUnICatIon
CoMpany of IRan, tCI
Lead Underwriter &
Market Maker Manager
Underwriter &
Market Maker Manager
‫سرمایه گذاری گروه توسعه ملی‬
‫سهامیعام‬
Petrochemicals
2015
Refinance of TCI Building
USD 55,000,000
IRR 1,629 bIn
23%
Telecommunication
4 Years
17.5%
Lead Underwriter &
Market Maker Manager
BANK SADERAT IRAN
Novin IB
3 Years
Underwriter &
Market Maker Manager
City Bank of IRAN
Novin IB
Lead Underwriter
Novin IB
... Our References
Infrastructure
2010
Banking
2010
Mining
2013
Petrochemicals
2013
Oil Bankering
2015
QazIvIn MUnICIpalIty
Day BanK
MIDhCo
zanJan petRoCheMICal
Bana GoStaR KaRaneh
Municipality Infrastructure Projects
Initial Public Offering
4 Mine Projects
Capital injection evaluation
Oil Purchase
USD 100,000,000
IRR 1,000 bIn
USD 193,000,000
IRR 2,000 bIn
USD 25,000,000
IRR 630 bIn
USD 37,000,000
IRR 1,113 bIn
USD 16,000,000
IRR 500 bIn
Musharakah Sukuk
Due Dilligence
Musharakah Sukuk
Due Dilligence
20%
4 Years
20%
Underwriter &
Market Maker Manager
Novin IB
Lead Underwriter
Transportation
2012
Food
21%
Market Maker Manager
Novin IB
City Bank of IRAN
Feasibility Study
Novin IB
2014
Murabahah Sukuk
4 Years
Novin IB
Machineries
2011,2014
Banking
2 Years
Underwriter &
Market Maker Manager
Novin IB
2012
tourism bank
Toruism
2009
JoopaR tRaInS
GlUCoSan
BUtane
ayanDeh BanK
293 Wagons
23500 Tons Corn
Aluminum Radiator line & Building
Initial Public Offering
IRan CUltURal heRItaGe anD
toURISM InveStMent
USD 35,000,000
IRR 415 bIn
USD 8,000,000
IRR 200 bIn
USD 53,000,000
IRR 1,130 bIn
USD 12,000,000
IRR 300 bIn
USD 20,000,000
IRR 200 bIn
Murabahah Sukuk
Ijarah & Musharakah Sukuk
Due Dilligence
Due Dilligence
Lead Underwriter
Lead Underwriter
Novin IB
Novin IB
Initial Public Offering
Ijarah Sukuk
20%
4 Years
20%
Underwriter &
Market Maker Manager
Novin IB
4 Years
20%
Underwriter &
Market Maker Manager
Novin IB
4 Years
Lead Underwriter &
Market Maker Manager
Novin IB
Novin IB
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... Our References
Banking
2013
Cement
2015
Petrochemicals
2014
2015
Banking
2012
KaRafaRIn BanK
KURDeStan CeMent
SepehR eneRGy
teJaRat InSURanCe
toURISM BanK
Merger and Acquisitions
New Production Line
Merger and Acquisitions
Initial Public Offering
Initial Public Offering
USD 17,000,000
IRR 500 bIn
USD 12,000,000
IRR 300 bIn
Due Dilligence
Due Dilligence
Due Dilligence
Deal Evaluation
Lead Underwriter
Lead Underwriter
Novin IB
Novin IB
Novin IB
USD 11,000,000
IRR 332 bIn
Due Dilligence
Musharakah Sukuk
22%
Deal Evaluation
Banking
Novin IB
2013
teJaRat BanK
Merger and Acquisitions
4 Years
Underwriter &
Market Maker Manager
Novin IB
Askariye Credit Agency
Petrochemicals
2013
KhalIJ faRS InteRnatIonal
tRanSpoRtatIon
Merger and Acquisitions
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Insurance
Metals
2014
Pharmecuticals
2013
Insurance
2014
IRan alUMInUM
DaRoU paKhSh GRoUp
novIn InSURanCe
Capital injection evaluation
Capital injection evaluation
Initial Public Offering
USD 17,000,000
IRR 442 bIn
USD 20,000,000
IRR 600 bIn
USD 14,000,000
IRR 400 bIn
Due Dilligence
Due Dilligence
Due Dilligence
Due Dilligence
Due Dilligence
Deal Evaluation
Deal Evaluation
Feasibility Study
Feasibility Study
Lead Underwriter
Novin IB
Novin IB
Novin IB
Novin IB
Novin IB
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Our Funds
2009
Mutual Fund
2011
Mutual Fund
2011
Mutual Fund
2010
Mutual Fund
yekom iranian
mutual Fund
atie novin
mutual Fund
nahal Sarmaye iranian
mutual Fund
tooS iranian
mutual Fund
novin Saman
mutual Fund
irr 10,000 bin
irr 2,000 bin
irr 1,000 bin
irr 2,000 bin
irr 2,000 bin
Fixed Income Securities and
Bank Deposits
Fixed Income Securities and
Bank Deposits
Fixed Income Securities,
Bank Deposits and Equities
Fixed Income Securities,
Bank Deposits and Equities
Fixed Income Securities,
Bank Deposits and Equities
Fund Administrator
Fund Administrator
Fund Administrator
Fund Administrator
Fund Administrator
Novin IB
Novin IB
Novin IB
2011
Mutual Fund
Novin IB
2010
Mutual Fund
2014
Exchange-Traded Fund
Novin IB
Sarmaye Bank
2014
Mutual Fund
Askariye Credit Agency
2014
Market Making
Novin IB
2011
Mutual Fund
armaghan iranian
mutual Fund
Sepehr andiShe novin
mutual Fund
miad iranian
mutual Fund
novin piShro
market making Fund
novin paydar
mutual Fund
irr 1,000 bin
irr 1,000 bin
irr 100 bin
irr 500 bin
irr 50 bin
Fixed Income Securities,
Bank Deposits and Equities
Fixed Income Securities,
Bank Deposits and Equities
Fixed Income Securities,
Bank Deposits and Equities
Fixed Income Securities,
Bank Deposits and Equities
Fixed Income Securities,
Bank Deposits and Equities
Fund Administrator
Fund Administrator
Fund Administrator
Fund Administrator
Fund Administrator
Novin IB
Market Maker: Sepehr
Investment Bank
Novin IB
Novin IB
‫شرکت کارگزاری تامین سرمایه نوین‬
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Board of Directors
Executive Committee
Vali Nadi
Hasan Motamedi
CEO of EN Bank
Masoud Mehrdadfar
Credit Deputy of EN Bank
Dr. Farhad Hanifi
CEO of Tose Melli Group &
EN Bank Board Member
Executive Managers
Dr. Ahmad Badri
PHD in Accounting
Dr. Gholamreza Zalpour
Dr. Mansour Kanani Amiri
PHD in Finance & SEO High
Council Member
Deputy of Ghadir Investment
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Chief Executive Officer
Dr. Nadi has a PhD in Accounting and is a visiting professor
of accounting and finance. He is the current CEO of Novin
and has been in the boards and executive committees of
several companies in mining sector and financial institutes.
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Alireza Kadivar
Corporate Finance
Masoud Gholampour
Research & Marketing
Morteza Ahmadi
Asset Management
Sasan Allahgholi
Brokerage
Mohammad moradi
Advisory
Gholamhossain Ebrahim
Administration
Alireza Jalali Nasab
Private Banking
Ahmad Eshtiaghi
Treasury
Our Objectives
To help our clients to finance and manage their assets as well as their risks in order to accelerate their
growth
To create a universal ability to meet our clients needs,
To provide fulfillment and development for our
outstanding shareholder value and maximize their
wealth on a sustainable basis
To maintain the highest international standards
of corporate governance and regulatory
compliance
To maintain solid capital adequacy and liquidity
ratios
To establish a disciplined risk and cost management culture
To develop a cross-cultural meritocratic management structure
To optimize staff development through business driven training and profit related incentive
To contribute to the social and economic advancement of the communities in which we operate.
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We Provide All Services
You May Need to Invest in Iran
Head Office:
No. 17, Azadegan St, Ghaem Magham
Farahani Ave., Tehran, Iran
Phone: +98 21 84341000 ext (101)
Fax: +98 21 88700775
Email: [email protected]
Website: www.novinib.com
Investment in Funds and ETF:
Phone: +98 21 84341000 ext (102)
Fax: +98 21 88700775
Email: [email protected]
Website: www.sepehrfund.com
Brokerage :
No. 17, Azadegan St, Ghaem Magham
Farahani Ave., Tehran, Iran
Tel: +98 21 86791000
Fax: +98 21 88720935
Email: [email protected]
Investment Advisory :
No 3, Spepidar St., North Shahrdari BLVD,
Gheysar Amin Pour Sq, Saadat Abad,
Tehran, Iran
Tel: +98 21 26760313
Fax: +98 21 22383701
Email: [email protected]
WWW.novinib.com