Unlisted Shares

About : 

• "Havendaxa Pvt. Ltd.", or "The Company",  a fractional ownership platform based in India, provides an opportunity to acquire top-tier commercial properties via its SPVs. 
• It specializes in the real estate sector by pooling investor funds to acquire premium commercial properties. Subsequently, it assumes the role of managing these commercial assets on behalf of its investors within the commercial real estate sector. This strategy is executed at a significantly reduced cost in comparison to traditional approaches.
• The company will take on the role of managing day-to-day property operations and, in exchange for their debenture investments, will provide investors with monthly rental income in the form of interest.
  

Please find below details of the opportunity:

• Seed round
• Total Fund Raise - ₹ 2.5 cr
• Current Round Pre-Money Valuation – ₹ 80 cr
• Minimum Ticket Size - ₹ 2.4 Lakhs
  
• Price per share: ₹ 80k

Business Model: Havendaxa intends to establish a Special Purpose Vehicle (SPV) to oversee the identification, proposal, and promotion of commercially rented properties. The SPV will issue debentures, collecting a minimum of ₹ 25L investments/per from various contributors through SEBI Trustee (Mitcon) as an escrow account manager. Upon meeting the funding target, the Trustee will transfer funds to the SPV, facilitating property registration under its ownership. The SPV acquires a property worth a minimum of  ₹ 40 Cr commercial property, leasing it to top corporations, and distributing property ownership among investors. Lease rentals are collected through the SPV, covering administration costs before distributing cash flows as interest to investors.

Unique Differentiator:

• Fractional Prosperity: Havendaxa solves fractional ownership challenges with guaranteed 9% rental income and move-in-ready properties, delivering clear benefits to investors.
• Strategic collaborations: Alongside this accomplished team, the company has tied up with respected partners like IDFC Bank (as their escrow agent) and Mitcon (as debenture trustee), these collaborations will help safeguard the interest of the debenture trustee.
  
• Promising Investor Returns: The company pledges to offer investors significant annual returns, usually falling within the range of 13% to 18%. Apart from the returns, the company provides benefits like zero maintenance costs, reducing future expenses for investors with fractional ownership.
• Lower Investments, Higher Returns: Havendaxa accepts investments in lots of INR 25L each from a pool of investors then Purchases an ‘A Grade’ commercial property worth INR 40 Cr & leases it to top corporations.

Future Plans: Anticipating an approximate revenue of ₹6 cr by FY24, the company expects 85% to come from acquisition fees and 15% from rental management fees. With a projected net profit of ₹ 2cr. by FY24 in sync with revenue growth, the company aims to elevate its estimated revenue to ₹80 cr. by FY29. To realize this target, the introduction of performance fees is part of the strategic plan for an additional income source. The company is committed to providing investors with impressive annual returns, typically from 13% to 18%. Historically, fractional ownership has been a reliable source of some of the highest returns in the real estate market, encompassing both rental yield and capital gains

Reaching out to the company is possible via their website:

• Website link - https://havendaxa.com/aboutus.php
• Email - info@havendaxa.com