Investments
The Khaitan Holdings Group is into investment activities in the last two decades. The Group’s main focus is to choose distressed assets, where the risk and return are very high. Mr I. P. Khaitan’s vast experience in this field has helped the Group to build substantial net wealth from its investment activities. At the beginning of the Indian economy liberalization in the early 1990s, Mr Khaitan as a Non-Resident Indian (NRI) took advantage of the financing available for NRIs, which was not widely available in India, and made major investments in distressed Indian securities. These investments have appreciated manifold within a span of few years as the Indian economy liberalization bore fruit.
To name a few of such investments, Khaitan Holding Group made an investment into a Food processing unit in Jebel Ali Free Zone, Dubai in 1996 and sold it in 1999. The Group acquired BPL Cellular, India in 2005 and sold it to Hutchison Essar in 2006 after resolving the litigations among the shareholders. In addition, the Group made various investments into high-risk Bank derivative products, where the underlying assets are in emerging countries. These investments have bought at a discount, held it for a few years and sold it at a substantial profit at an appropriate time.
At present, the Group got investments with most reputed banks around the world in their high yield treasury products and derivatives instruments.
Group has also invested in Ajman Cricket Club, which owns and operates a cricket ground in Ajman, UAE.
Group is also started investing in early-stage startup companies developing mobile phone application like Mirrors App & Story Digital
and has also made substantial investments into renewable energy space as well