Invest With Us

Sponsored by reputed family offices of AllCargo Logistics and Navneet Education, BlackSoil Group manages an alternative credit platform comprising of an NBFC and three AIFs. Since inception, BlackSoil has built a quality loan book and deployed over INR 2,100 Cr across platforms. The group is managed by a seasoned investment committee and a team of 40+ professionals.

Our Products

  • BlackSoil NCD
  • Co-investment
  • AIF CAT II

BlackSoil NBFC’s focus on a long-term, responsible, and sustainable approach to investments is our way of creating value while ensuring low leverage. Investing via BlackSoil NCDs in a profitable and high-quality loan book has become a preferred option with investors for a well-diversified debt instrument.

Features
  • Stable interest income with long investment tenures - upto 36 months
  • Higher yields than fixed deposits
  • Can be withdrawn after lock-in period of one year and before maturity
  • Call/Put Option gives the flexibility to exit
  • Dematerialization makes investments easy to handle and monitor
  • NBFC rated by ICRA
Performance
287

Raised since inception in INR Cr

15

Total NCD Series

150+

Investor Base of HNI Families

25

Average Issue Size in INR Cr

Co-investment along with BlackSoil in PE/VC backed growth companies. This is an investment option for well-heeled investors looking for higher returns. BlackSoil’s quick portfolio churn demonstrates a quality underwriting methodology that can be relied on for consistently high returns.

Features
  • BlackSoil as an anchor investor holds at least 20% of deal to ensure skin in the game
  • Invest in cherry-picked deals with marquee investors without taking the riskier equity route, while still availing diversification benefits and high yield returns
  • Lock-in returns for longer period with EMI/EPI payouts giving clear visibility on returns
  • Pre-investment due diligence reports and post funding monitoring MIS’ ensure the investors have clear view of the investment through the whole lifecycle
Performance
230

Disbursements in INR Cr

13

Deals

3

complete exits

18

Average Deal Size in INR Cr

  • BICF
  • WSBREDF-I
  • BRT
BlackSoil India Credit Fund

The fund will make debt investments in high growth innovative companies backed by marquee institutional investors or established Indian founders in the form of Venture debt & Structured debt.

AIF Cat II

Type

INR 350 Cr

Size

Fund Raising

Status

Focus Sectors
Healthcare
E-Commerce
Education
Logistics / Mobility
SaaS
IoT
Industrial
Financial Services
Investment Strategy
Asset-backed
Venture Debt
Structured Debt
  • Invest in VC-backed companies that have been in operations for >2 years with a strong cash flow generation visibility for a tenor of 12-36 months
  • Lending will be towards companies with a highly scalable VC-funded business with limited access to traditional debt, where untapped assets can be used for financing
  • Funds to be utilized for asset purchases, working capital & bridge funding between equity rounds
  • EMI / EPI structure with exclusive / pari passu hypothecation of tangible / intangibles / receivables, Escrow mechanism / DSRA / ISRA, together with NDU / Share pledge as security
  • Invest in VC-backed companies that have been in operations for >2 years for a tenor of 12-36 months
  • Lending will be towards companies with a highly scalable VC-funded business with no access to traditional forms of debt, where untapped assets can be used for financing
  • Funds to be utilized for expansion, working capital, bridge funding & extension of runway
  • EMI / EPI structure with exclusive / pari passu hypothecation of tangible / intangibles / receivables, Escrow mechanism / DSRA / ISRA, together with NDU / Share pledge as security
  • Invest in companies with an established track record for a tenor of 6-30 months
  • Lending will be towards established promoters / corporates who require debt against security of non-traditional financial assets for project / acqusition financing
  • Funds to be utilized for capital restructuring, stake enhancement, promoter financing & bridge funding to meet cashflow mismatches
  • Staggered / EPI / bullet repayment structure with PG / collateral, share pledge, NDU / buyback, PDCs & DPN as security
Walton Street BlackSoil Real Estate Debt Fund-I*

An India-focused real estate debt fund seeking to invest in residential real estate projects across Indian metro cities. The fund is in partnership with a Chicago-based real estate PE firm who have been active in India since 2007, thereby leveraging its experience.

AIF Cat II

Type

INR 320 Cr

Size

Investing

Status

Focus Market
Mumbai
Bangalore
Hyderabad
Investment Strategy
  • Senior structured debt (NCDs, OCDs, CCDs, etc.)
  • Typical investment tenure of 24-54 months with regular interest payments (monthly / quarterly). Lockouts on prepayment.
  • Security to typically include first charge over asset and cash flows, sole control over escrow, share pledge, CG / PG, PDCs, right to sell, etc.
  • Target investments with underwritten LTV of < 50%
  • Typical repayment structure with 12-30 months principal moratorium and equal monthly / quarterly instalments post moratorium and / or redemption premium
Portfolio
Ongoing
Exited
Bangalore-based Developer
Bangalore-based Developer

Bangalore-based developer who has successfully delivered ~0.36 mn sft of residential & commercial space across 8 projects since 2006 till date

Hyderabad-based Developer
Hyderabad-based Developer

Hyderabad-based developer group who has successfully delivered ~3.0 mn sft of residential space since 2005 with 6 projects under construction

Mumbai-based Developer
Mumbai-based Developer

Mumbai-based developer group who has successfully delivered ~1.0 mn sft of saleable area across 10 projects with 3 ongoing projects

Hyderabad-based Developer
Hyderabad-based Developer

Hyderabad-based developer group which has constructed & delivered ~2,000 units till date with saleable area of ~3.4 mn sft across 9 projects

Bangalore-based RE Company
Bangalore-based RE Company

Bangalore-based RE company which has developed & sold ~1,050 units across 8 projects in the last 10 years with 3 projects in pipeline

Bangalore-based Developer
Bangalore-based Developer

Bangalore-based developer group which has successfully completed & delivered 40.8 mn sft across 70 residential & commercial projects with ~23.0 mn sft of development under various stages

Hyderabad-based Developer
Hyderabad-based Developer

Hyderabad-based developer group founded in 2005 as a real estate development company. It is an established group with a proven track record, having delivered ~4.6 Mn sf of residential RE with another ~3.7 Mn sf under construction.

Disclaimer*

The name “Walton Street” is licensed to Walton Street India Real Estate Advisors Private Limited (“Walton Street-India”), Blacksoil Capital Private Limited (“Blacksoil Capital”) and Blacksoil Asset Management Private Limited (“Blacksoil AM” and together with Blacksoil Capital, “Blacksoil”) by Walton Street Capital, L.L.C. (“Walton Street – US”) pursuant to a license agreement, dated May 24, 2021 (the “License Agreement”) for use solely in the name of Walton Street Blacksoil Real Estate Debt Fund I (“WSBREDF I”) and Walton Street Blacksoil Real Estate Debt Fund II (“WSBREDF II”) and, in the case of Walton Street-India, for use in its corporate name. Walton Street–U.S. and its affiliates have no ownership interest in or other relationship with Walton Street-India, Blacksoil , WSBSDF I or WSBSDF II, except that an affiliate of Walton Street-US provides certain services to WSBSDF I. Except as described in the immediately preceding sentence, each of Walton Street-India and Blacksoil disclaim any other relationship with Walton Street – U.S. and its affiliates and related parties.

Blacksoil Realty Fund

An India-focused real estate debt fund seeking to invest in residential real estate projects across Indian metro cities.

AIF Cat II

Type

INR 160 Cr

Size

Invested

Status

158

Amount Invested in INR Cr

7

Number of Transactions (Invested)

157.5

Capital Returned in INR Cr

6

Number of Transactions (Exited)

Focus Market
Mumbai
Investment Strategy
  • Senior structured debt (NCDs, OCDs, CCDs, etc.)
  • Typical investment tenure of 36-48 months with regular interest payments (monthly / quarterly). Lockouts on prepayment.
  • Security to typically include first charge over asset and cash flows, sole control over escrow, share pledge, CG / PG, PDCs, right to sell, etc.
  • Target investments with underwritten LTV of < 50%
  • Typical repayment structure with 12-30 months principal moratorium and equal monthly / quarterly instalments post moratorium and / or redemption premium
Portfolio
Ongoing
Exited
Verain Commercials
Verain Commercials

Verain Commercials LLP has lauched Verain Iora in Mumbai in 2017. This RERA-registered project contains 55 units for sale.

Sheth Developers
Sheth Developers

Established in 1986, Sheth Group is a well-known name in the realty industry having an experience of over 3 decades, and developed 17 Mn sq. ft. across 80 projects.

Krishna Enterprises
Krishna Enterprises

Krishna Enterprises is a multi-faceted construction company based in Bangalore, specializing in building urban living spaces.

Ahuja Construction
Ahuja Construction

Ahuja Group is a leading developer with diverse luxury projects spread across Mumbai since the 1980s.

Vasathi Housing
Vasathi Housing

Established in 2009, Vasathi has acquired a prominent position through building energy efficient & environment friendly residential projects in South India with 1,000+ units for sale.

Rajesh Constructions
Rajesh Constructions

Rajesh LifeSpaces is a Mumbai based developer with over 50 years of experience with a diverse portfolio of residential and commercial projects.

Sankirt Group
Sankirt Group

Established in 2004, Sankirt Group is owned and managed by Mr. Kirti Shah (CA). The group is involved in various RE & infra projects in & around Mumbai, via partnering with well-established developers.

The BlackSoil Advantage

Quick Turnaround
Proven Investment Manager track record
Size Agnostic
Deeply entrenched relationships in the ecosystem
Industry Agnostic
Focus on a portfolio of diversified high-quality growth companies
No Third-party Due Diligence
Active post-investment monitoring of the transaction
Flexible Repayment Options
Focus on cash flow-based structure
Customized Deal Structure
Proprietary origination solution
Flexible Security Cover Options
Sound investment strategy refined through working cycles