| | JULY 201819IPO, Real Estate, Hospitals, Edu-cation Institutions, NGO and MFI. NABARD has empanelled Brick-work for MFI and NGO grading. BWR is accredited by IREDA & the Ministry of New and Renewable Energy (MNRE), Government of India, to grade companies seeking credit facilities from IREDA, Re-newable Energy Service providing Companies (RESCOs) and System Integrators (SIs). Brickwork Rat-ings also carries out specialized services like Placement Reporting Services under the Indian Place-ment Reporting Standards (IPRS) for Management and Engineering Institutes in India. Its expertise & eye to detail are apparent from the report of the intensive audit it per-formed for IIM-A placements. Having built a habit of refining its credit rating criteria periodical-ly and also according to market fluctuations, BWR has developed over 30 Rating Criteria for rating of products under various sectors, industries and services. Brickwork analysts study the general infor-mation on the economy & indus-try both from the international & domestic perspective. Before sign-ing-up a client, Brickwork business development team discusses with them regarding the scope of rat-ings, broad assessment procedure and its policies. The firm's team of analysts discuss with the issuer's Management to understand their views on their competitive strategy, marketing plans, financial projec-tions, short-term & long-term out-look, corporate governance policy, hedging policies & so forth. They also gather requisite information from the issuer's Banker, Deben-ture Trustee and Statutory Auditor. The case is presented to Brick-work's in-house rating commit-tee, which is enriched with highly experienced credit professionals. Further the case is presented to an External Rating Committee com-prised of independent eminent members namely KN Prithviraj (Chairman of ERC & Former CMD ­ Oriental Bank of Commerce), Prof. KRS Murthy (ERC Member & Former Director ­ IIM Banga-lore), Bharati Rao (ERC Member & Former DMD ­ SBI, V Nagara-ja (ERC Member & Former CGM ­ Punjab National Bank). Follow-ing the Rating Committee's ap-proval, Brickwork communicates the rating to the issue/credit fa-cility, sends the rating rationale/press release to the issuer and answers their queries. The firm is also supported by Dr. M Govinda Rao, (Chief Economic Advisor & Former NIPFP) and S Santhanam (Chairman ­ Criteria Committee & Former GM ­ Canara Bank) for macro-economic views and rating criteria issues.Towards the Upper Echelons A strong proponent of sharing knowledge amongst credit, equity and risk analysts, Brickwork con-ducts weekend knowledge sessions through visiting Professors from institutions like IIMB & IISc, and in house faculty of the BFA program of the Brickwork Finance Acad-emy. Furthermore, eminent per-sonalities in the finance sector are also invited to deliver guest lecture in economics and public finance. Growing further, the firm aims to continually invest in the develop-ment of cutting-edge research & analytics to provide Indian credit markets with transparent and con-sistent credit opinions, which are delivered faster and at a cost-effec-tive price. Brickwork also intends to invest in talent and processes to enhance its current product of-ferings to the market; thereby tak-ing the company & the country to greater heights. Vivek Kulkarni, Founder & Managing DirectorA pioneer in promoting public-private partnership in governance, he spearheaded the transformation of Bangalore as the information technology and biotechnology destination of the world during his stint as Secretary, IT & Biotechnology at Government of Karnataka, wherein he facilitated launch of at least one MNC facility in Bangalore every week. Having earned his engineering stripes with a gold medal, Vivek also has a MBA from Wharton School of Business and is a visiting faculty at IIM and IISC Bangalore.D. Ravishankar, Founder DirectorRavishankar has chaired several prestigious roles (MD & Head APAC of S&P Risk Solutions, ED & CFO at CRISIL Ltd., President & CEO of Polaris Retail Infotech, CEO of Cholamandalam Cazenove Mutual Fund, Fund Manager & VP at Reliance Mutual Fund & more) over his more than threedecades long career. He shares this hard-earned knowledge by actively conducting major seminars in Risk Management (Basel II) & Advanced Risk Management courses for the business program as a visiting faculty at Great Lakes Institute of Management. Offices: Bangalore (headquarter), Mumbai, Ahmedabad, Chandigarh, Chennai, Hyderabad, Kolkata & New Delhi Offerings:· Rating: Capital Market Instrument Ratings, Municipal and Urban Local Bodies Ratings, NSIC - BWR Performance Ratings, Bank Loan Ratings, Rating Services for Financial Institutions, Corporate Governance Ratings, Fixed Deposit Ratings and Customised Research Service.· Grading: The firm provides Grading services to a wide range of products/institutions including MNRE, IREDA, Real Estate, Tourism, NGOs, Hospitals, Educational Institutes, MFIs and IPOs, to name a few.
< Page 9 | Page 11 >