Sohanlal Commodity Management Pvt. Ltd (“SLCM” or the “Parent”) is a leading post-harvest agri supply chain solutions provider in India. It offers warehouse and collateral management, procurement of agricultural commodities and commodity-backed / warehouse receipt financing to agri businesses.
SLCM’s Myanmar-based subsidiary, SLCM Ltd. (“SLCM Myanmar”), provides warehouse and collateral management services in Myanmar as well as commodity-backed finance facilitation to small agri businesses, traders and farmer organizations. SLCM seeks to invest US$9.0 mn to grow the commodity-backed finance facilitation operations in Myanmar with the help of IFC (the “Project”).
The total project cost is US$9.0mn. IFC proposes to support the Project with US$6.0 million in funding, comprising a US$3.0 million A-loan from IFC’s own account and a US$3.0 million loan in its capacity as Implementing Entity of the Private Sector Window of the Global Agriculture and Food Security Program (GAFSP). Other funds have been availed in the form of equity investments from the Parent and a short term revolving credit facility from the State Bank Of India, Yangon Branch.
Sohanlal Commodity Management Pvt. Ltd is a leading post-harvest agri supply chain solutions provider in India. It offers warehouse and collateral management, procurement of agricultural commodities and commodity-backed / warehouse receipt financing to agri businesses.
SLCM was started by the Group CEO Mr. Sandeep Sabharwal (the “Sponsor”), an acknowledged entrepreneur in the sector and the largest shareholder. He is a member of the committee on electronic depository of warehouse receipts of Central Depository Services (India) Limited. Prior to SLCM, Mr. Sabharwal has managed businesses across the agriculture value chain. A number of institutional investors comprise the remaining shareholders, namely Nexus Venture Partners, Mayfield FVCI, Everstone Capital, Emerging India Fund, Creation Investments Capital Management, responsAbility Investments AG, and the Agricultural and Rural Impulse Fund (agRIF).
Sohan Lal Commodity Management Pvt Ltd.
Chief Financial Officer
DLF Tower, 15 Shivaji Marg, Moti Nagar, New Delhi - 110015
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