Mr. K. V. Bala, Governing Board Member, EU Chambers

Mr. K. V. Bala
Founder
Indus Captial P. Ltd.
Elected

Mr. K V Bala, Non-Executive Chairman of BVK Group is an Investor, Entrepreneur and Philanthropist. He is an Alumnus of the prestigious Stanford University, USA, Gold Medalist in B.Tech from Anna University, Chennai and MBA from BIM, Trichy.

Business:

After summer project experience with ISRO, post graduation and few years in Financial Services Industry, his Journey as Investor started in the year 1992, with passion to work for new ideas, profitable projects, economically sustainable companies and sharing the rewards with the participants. His efforts so far, have added wealth to many investors/banks, employment to many people and also sizeable taxes to Govt.

In the year 1993, He founded Indus Finance Limited (IFL), for providing financial services, underwriting of IPO’s, short term investments to growth oriented companies and emerging opportunities across sectors. IFL got listed with BSE in 1996 and subsequently became NBFC. In 1994/1995 he invested in Pre IPO of ~12% stake in Damania Airlines Limited to participate in open sky policy of GOI and exited after two years with good return from Investment. IFL, he alongwith technocrats, had invested Rs.1.5 cr, in Indowind Energy Ltd (IEL)-  which grew in size, rewarded with many bonus issues, got listed in BSE/ NSE and overseas stock exchanges over the period to become India’s first economically self sustainable wind energy company.

In 1996 he invested Rs. 7 Cr. in Bank of Madura Right’s Issue to participate in the pioneering Automation Initiative of the bank and banking sector in general. The bank grew from ~30 branches to ~300 plus branches and ~Rs.300Cr to ~Rs.3000 Cr deposits by the year 2001. In the year 2001 bank was sold to ICICI Bank for Rs. 400 Cr valuation. Group Investment became worth ~ Rs. 35 Cr. Started investment in land and building in 2005 through Bekay Properties P Ltd (BPL). The value of assets have appreciated many fold, and now company is planning for further wealth creation from this investment by entering JV with the builders of repute for creating land mark projects.

In 2005 EverOn Power Limited (EoP) was formed to build, acquire and manage renewable energy assets. The company has now ~18 MW Wind farms and one MW solar farm in a SPV- Kishore Electro Infra P Ltd. EoP is looking  out for growth opportunities in emerging EV, energy storage & water management areas.

Indus Capital P Ltd (ICPL), was incorporated in 2010 to consolidate past investments in one company and route future investments. ICPL is holding various equity investments in start-ups, SMEs & Listed companies in Technology, Banking, Wind, Solar, Agri, Hospitality spaces. In 2018 he acquired Quantum Limited (QL), a Bio-Tech company having infrastructure facility at Hinjewadi, Pune, by investing INR 350m under IBC process. The company is planning to set up placenta bank, gene mapping & research centres, co-work spaces for bio-tech professionals, AI & IT backup service centres for health care, hospitals etc.,

Philanthropy & Accolades:

Apart from work, he is passionate about Travel, Sports, News makers, Presiding events and doing good to People, Pets, Places &
Planet around. His BVK foundation has been providing education aids to kids and needy parents in and around the business locations and has contributed to the Temples, Welfare activities, disaster support relief initiatives etc. The Foundation was the major sponsor for Global Dart competition in Chennai in 2012/13 and also has been Sponsoring yearly basis-Top 10 achievers award in the Sourashtra community.

He has been honoured with various awards and recognitions, for his contributions and outstanding achievements. Few notable ones are: recently he was honoured with “Promising Businessman Award” at British Parliament by Lord Shekh and Lord Billimoria; “SEVA RATNA” award by hands of Dy. C.M. Tamil Nadu Hon. Shri O. Panneer Selvam.

One of the Wind Mill in Tamil Nadu was inaugurated by Hon. Shri Narendra Modi, P.M. of India. The wind farm project at Gadag, Karnataka was inaugurated by Hon. Shri Deve Gowada. Ex. P.M of India.

Sourashtra College, Madurai has honoured him by agreeing to Name after Him– it’s “Prestigious Golden Jubilee building” in appreciation of his contributions & social work to the community.

He has served as National Council Member of Indian Wind Power Association. He is also playing a vital role in promoting Sourashtra Chamber of Commerce as Sr.President. Currently he is associated as Governing Council Member of European Union India Chamber of Commerce, Mumbai.

 

Sourashtra College, Madurai has honoured him by agreeing to Name after Him– it’s “Prestigious Golden Jubilee building” in appreciation of his contributions & social work to the community.

He has served as National Council Member of Indian Wind Power Association. He is also playing a vital role in promoting Sourashtra Chamber of Commerce as Sr.President. Currently he is associated as Governing Council Member of European Union India Chamber of Commerce, Mumbai.

 

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