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Novin Investment Bank Leading 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 cross- regional 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) www.novinib.com 1 How to Protective legislations Protection by Foreign Investment Promotion and Invest in Iran Protection Act (FIPPA) Covering all types of investments from FDI to different types of financing methods Direct (Strategic Investment) A flexible and facilitated regulatory practices for the access Equity: of foreign investors to foreign exchange for capital transfer purpose and creation of one stop shop called “Center for - Listed Companies foreign investment service” - Private Companies Bilateral Investment Treaties with other countries - Start Up & Venture Capital Double Taxation Treaties with other countries Fixed Income securities: - All kinds of Islamic financial instruments such as Ijarah, Procedures Under FIPPA, foreign direct investment licensing is designed in Musharakah and Murabaha, Mudarabah, Istisna Sukuk. a very short and simplified manner in five below stages: - Certificate of Deposits 1. Due diligence and investment appraisal by a local authorized Contractual arrangements: 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 2 www.novinib.com How to Indirect (non-strategic Investment) Invest in Iran 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 www.novinib.com 3 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 Procedures 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 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 4 www.novinib.com Who We Are? The NOVIN Investment Bank Group, affiliated mainly byEghtesad 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. www.novinib.com 5 Our Structure Our major shareholders: Our subsidiaries: 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%) 6 www.novinib.com What We Do? Helping companies to Grow Corporate Asset Financial Research Brokerage Finance Management Software Trade Macro & Financing Private Banking Trade Platforms Sector Risk Management Mutual Funds Sales Mutual Funds Corporate Sector Coverage Sector M&A Business Development Products www.novinib.com 7 Our References Mining 2015 Transportation 2011 Machineries 2012 Telecommunication 2015 Infrastructure 2013 TOSE’E MELLI MINING AND MAHAN AIR BUTANE TELECOMMUNICATION MINISTRY OF CIVIL INDUSTRIES COMPANY Airbus 300B4 – 605R CKDs for Production COMPANY OF IRAN, TCI Infrastructure Projects Two iron ore concentrate and Refinance of TCI Building pellet plants USD 55,000,000 USD 30,000,000 USD 12,000,000 USD 150,000,000 USD 50,000,000 IRR 1,629 bIn IRR 290 bIn IRR 301 bIn IRR 4,500 bIn IRR 1,200 bIn First Istisna Sukuk in Iran First Ijarah Sukuk in Iran First Murabahah Sukuk in Iran Ijarah Sukuk Musharakah Sukuk 23% 3 Years 20% 4 Years 20% 2 Years 21% 4 Years 20% 4 Years Underwriter & Underwriter & Lead Underwriter & Underwriter & Lead Underwriter & Market Maker Manager Market Maker Manager Market Maker Manager Market Maker Manager Market Maker Manager Novin IB Novin IB سرمایه گذاری گروه توسعه ملی Novin IB Novin IB Novin IB BANK SADERAT IRAN سهامی عام Petrochemicals 2012 Energy 2012, 2013 Infrastructure 2011, 2012,2013 Construction 2010 Energy 2011 PERSIAN GULF PETROCHEMICAL WATER & WASTEWATER CO. SHIRAZ MUNICIPALITY ALBORZ TAAT CONSTRUCTION ENERGY EXCHANGE INDUSTRIES Water Infrastructure Projects Municipality Infrastructure Projects Trade, sport and cultural center in Initial Public Offering Initial Public Offering west of Tehran USD 7,000,000,000 USD 600,000,000 USD 300,000,000 USD 96,000,000 USD 16,000,000 IRR 230,000 bIn IRR 9,950 bIn IRR 5,550 bIn IRR 1,000 bIn IRR 200 bIn Due Dilligence Musharakah Sukuk Musharakah Sukuk Certificate of Deposit Due Dilligence 20% 4 Years 20% 4 Years 17.5% 3 Years Price Evaluator Underwriter Manager Lead Underwriter & Underwriter & Lead Underwriter Market Maker Manager Market Maker Manager Novin IB Novin IB Novin IB City Bank of IRAN Novin IB Novin IB BANK SADERAT IRAN 8 www.novinib.com ... 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 USD 193,000,000 USD 25,000,000 USD 37,000,000 USD 16,000,000 IRR 1,000 bIn IRR 2,000 bIn IRR 630 bIn IRR 1,113 bIn IRR 500 bIn Musharakah Sukuk Due Dilligence Musharakah Sukuk Due Dilligence Murabahah Sukuk 20% 4 Years 20% 4 Years 21% 2 Years Underwriter & Lead Underwriter Market Maker Manager Feasibility Study Underwriter & Market Maker Manager Market Maker Manager Novin IB City Bank of IRAN Novin IB Novin IB Novin IB Novin IB tourism bank Transportation 2012 Food 2014 Machineries 2011,2014 Banking 2012 Toruism 2009 JOOPAR TRAINS
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