The SM Group is amongst the largest private business enterprise of the North East India with revenues exceeding Rs 500 Crores. The group has grown steadily with a CAGR of over 60% from the year 2006 to 2009.

 

While the existing businesses continue to show impressive progress, the SM Group has aggressive expansion and diversification plans. With investments of over Rs 750 Crores planned between 2010 and 2015, the SM Group plans to grow in stature from being a reputed regional name to a renowned national name. The management of the company has used its wisdom in setting up systems, processes and talent to align each company with the greater goal of achieving a group turnover of Rs 1000 Crores by the year 2013.

 

While the SM Group plans to grow its Roofing Solutions and Road Science business across the country, it is strengthening the existing Infrastructure, Met Coke Manufacturing and Steel Distribution businesses to achieve greater penetration and a larger market share in the region. With investments of over Rs 500 Crores planned in Power, Hospitality and Education along with the need of the existing rapidly growing businesses, the need for external financing options becomes inevitable.

 

While the education business shall entail an investment of over Rs 125 Crores, the Hospitality arm shall invest another Rs 125 Crores to set up the maiden 5-star hotel in North East India in collaboration with Intercontinental Hotels Group (IHG) which is the world’s largest hospitality chain and owns brands like Intercontinental, Crowne Plaza and Holiday Inn. Also on the anvil are a chain of hotels and resorts across the north region to enable the world to access pure, virgin, natural beauty that has so far eluded them due to lack of quality hospitality infrastructure in the region.

 

Given the abundant natural resources in NE India, the SM Group has envisaged that the clean energy initiative under the power SPV – SM Energenco Ltd shall have over 100 MW under various stages of development in the next 3 years. This shall entail an investment of over Rs 500 Crores.

 

With ambitious plans for its new business verticals of Power, Hospitality and Education and enough scope in the growth of the existing businesses, the SM Group presents the investor fraternity with a delightful opportunity to become partners in the growth of an enterprise that has grown from strength to strength based on its strong fundamentals of Trust, Sincerity and Commitment.