Azad engineering is into manufacturing of precision machine components for power generation equipment manufacturers. Its a world-class producer of Turbine and Aerospace Parts required by Power Generation and Aerospace OEMs with customer base including GE, Siemens, Toshiba, MHPS, Rafael, Etc. Coltivare Joined Azad as Virtual CFO in 2014 and lateron Mr. Deepak Bang was added as Professional Director in the board. Coltivare was participating in the growth journey by its contribution in the fields of financial planning, balance sheet management, raising appropriate debt funds, imbibing internal control systems and process, training the team, streamlining the organization structure, etc.
Since 2014 the journey has been challenging with various growth management issues but through detailed planning and long term objectives in vision, we sailed together and prepared the company to become an able candidate to attract equity capital. Apart from the Strategic Consultancy, Coltivare has raised debts for the company form the base of 5 cr in 2014 to 60 cr in 2017 with such loan structures which have reduced the cost of finance by almost 1.5% p.a. Coltivare’s Wealth team takes care of the risk management process by identifying the risk and appropriately covering those risk by apt life and corporate general insurance solutions at the best prices. Coltivare’s Retail team takes care of the home loan requirements of the promoters and employees of the Company.