PIYUSH GUPTA
203, Network Co-operative Housing Society,
Murari Ghag Marg, Off Appasaheb Marathe Marg,
Prabhadevi, Mumbai – 400 025, INDIA
Telephone 91-22-24332413, 9820224528 (Mobile)
Email: piyushrk@gmail.com
Summary
Rank Holder Chartered Accountant with exposure to Treasury, funding, banking,
Investments, MIS, budgeting, and compliance. Also obtained an MBA from the
University of Illinois,USA with major in Finance.
Work Experience
August 2013 to till date: AVP (Finance)-Welspun (India) Ltd

Looking after Banking, Budgeting, Treasury and Control functions.
March 2010 to August 2013: GM (Finance) - Inspira Infrastructure Ltd (A
Company belonging to Ajanta Pharma Group), Mumbai

Heading the Finance function at the company. Handling fund raising, Project Finance,
Banking, Rating, Insurance, Strategy, Budgeting, Cost analysis, cash flow management, Vendor Evaluation, Pricing and all compliance functions.

Raised long term funds without recourse in excess of 350 crores at very competitive rates for a new Greenfield Solar Power Generation Project.
 Carrying out all Treasury activities including Buyers Credit, Hedging for forex risk, obtaining investment grade rating, Letters of Credit, Bank Guarantees, Financial
Modeling, Obtaining Bank limits etc.

Handled the entire Greenfield Project including Project Planning, dealing with
Technology suppliers, logistics and obtaining Carbon Credits.
April 2007 to March 2010: Chief Financial Officer – Euro Ceramics Limited,
Mumbai, India

Headed the entire Finance Function of the Company.
 Responsible for Banking, Funding, Treasury, Cash management, Investor Relations, and all Compliance Functions.

Raised total funds in excess of Rs.800 Crores at very competitive rates by way of
Commercial Paper, Short Term Debt, Long term debt by way of Project Finance, Non
Convertible Debentures, Unsecured loans, loans against pledge of shares etc.

Handled due diligence exercise and valuation carried out in connection with equity placement in favour of U.S based private equity fund.
 Handling all strategic activities like benchmarking with competitors, MIS, Financial
Analysis, Mergers & Acquisition, joint venture agreements, interaction with Press,
ERP Implementation, Cost reduction exercise, Interest savings etc.

Handling all compliance requirements including finalization of accounts, Quarterly
Reporting, Taxation and Reporting to Stock Exchange.

Successfully completed the Debt Restructuring exercise to obtain relief from lenders due to liquidity crunch because of adverse market conditions.

August 2001 to April 2007: Manager with Price Water House Coopers Mumbai, &
Principal Consultant – SSA (Member Firm RSM International), Mumbai.
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At PwC, Carried out Transfer Pricing Studies and Transfer Pricing assessments.
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Completed Financial Modeling assignments for advising about pricing models.
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Carried out Industry Benchmarking based on public data for Transfer Pricing Studies.
 Carried out an analysis of the Indian Economy as part of PwC India’s Budget
Analysis.
 At SSA, Handled Transfer Pricing and Financial advisory assignments.
June 1996 to July 2001: Manager with ICRA Ltd- Mumbai, India

Carried out Credit rating assignments by analyzing debt servicing capability of the client. Ratings were assigned after considering projected cash flows and the key risk factors.
July 1994 to April 1996: Senior Investment analyst with Management Structure &
Systems, Mumbai, India

Provided investment advisory services to individual and corporate clients.
February 1989 to August 1992: Executive (Projects) with Grasim Industries Ltd,
Mumbai

Conducted feasibility studies to determine financial viability of new projects.
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Conducted site surveys, Obtained Letter of Intent, Studied taxation laws, participated in technology transfer discussions and Drafted Technology transfer agreements.

Managed various aspects of an initial public offering (IPO) by MRPL (an ONGCgroup company).

Drafted preliminary Prospectus, Distributed IPO forms and prepared MIS of collections.
August 1987 to January 1989: Rating Officer with CRISIL, Junior Officer with
PriceWaterHouse Mumbai
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At CRISIL, assisted in developing rating methodology and control functions.
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At Price WaterHouse, assisted in conducting statutory audits.
Education
May 1994: MBA (Finance) from the University of Illinois, USA.
May 1987: Chartered Accountant (42 nd rank- Finals) from ICAI.
May 1986: B.Com from University of Bombay. Secured First Class.
Computer Skills
Well versed with MS Office, MS Word, MS Excel and Power Point.