Latest news with #UniqusConsulting
Zawya
a day ago
- Business
- Zawya
Qatar's economic diversification spurs influx of high-tech, sustainability
Doha - Qatar's ambitious push toward economic diversification under its National Vision 2030 is rapidly transforming the country into a magnet for global consulting firms specialising in technology, sustainability, and governance. As the nation accelerates its investments in digital infrastructure, ESG compliance, and private sector development, a new wave of consulting expertise is entering the market bringing with it cutting-edge AI platforms, deep sectoral knowledge, and a strong focus on building local talent and institutional capacity, an official explains. This growing influx signals both confidence in Qatar's reform agenda and the rising demand for agile, innovation-driven advisory support across sectors. Global consulting firms continue to play a key role by placing Qatar at the center of its ambitious plan to scale revenues from $24m to $100m in just two years. Speaking to The Peninsula, Jamil Khatri, Co-Founder and CEO of Uniqus Consulting said 'We are already on track for revenues of $50m this year. Qatar is critical to our $100m roadmap. We bring a highly differentiated approach — from deep expertise and global integration to a proprietary tech stack that sets us apart in the consulting landscape.' The official underlines that there is a strong synergy with Qatar's ambitious development goals, particularly as the nation advances its strategy toward economic diversification, digital transformation, and global competitiveness. 'Qatar's Vision 2030 outlines a bold digital and economic transformation agenda, and believe it is well-positioned to contribute through our proprietary tech platforms, AI investments, ESG capabilities, and global expertise around risk management, he said. 'The Qatari vision of being in the top echelons of the business environment and digital competitiveness aligns well with our service offerings, Khatri said. To ensure cultural relevance and impactful execution, companies are leaning on local partnerships and targeted talent strategies. A key example is its collaboration with the Gulf Organisation for Research and Development (GORD) in the field of sustainability and ESG — a partnership the firm aims to deepen through its Qatar operations. 'We have already identified a local leader with a deep understanding of the market, to lead our operations in Qatar,' Khatri noted. 'We're committed to recruiting and nurturing local talent while leveraging Uniqus' global skills to build awareness and capability in the Qatari market.' 'The GCC is undergoing a fundamental transformation driven by diversification, infrastructure, digital reform, and governance. Qatar, in particular, stands out as a beacon of this shift. As companies in the region move forward on this journey, the demand for agile, tech-enabled consulting will only intensify and that is a significant growth driver, he added. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
Time of India
29-04-2025
- Business
- Time of India
For some public floats, expenses can be up to 17% of funds raised
Agencies Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Mumbai: Indian companies spent between 1.5% and 17% of the funds raised through initial public offerings (IPOs) as expenses in the past three years, according to data compiled by consultancy firm Uniqus Consulting. The expenses related to a public listing include fees paid to investment bankers, lawyers, auditors, advisors and capital markets regulator larger the IPO, the lower the expense ratio, the data showed. Offerings under ₹500 crore incurred average costs of 9.3%, while mega IPOs above ₹5,000 crore managed to keep expenses down at just 2.6% on average. "This disparity is because while book running lead manager (BRLM) fees-which make up nearly 49% of IPO expenses-are variable and scale with issue size, most other costs such as legal counsel, statutory auditors, Sebi filing fees and printing are largely fixed," said K Raghuram, partner at Uniqus Consulting. "Smaller issuers end up absorbing a larger proportion of fixed costs, while larger issuers benefit from economies of scale and stronger brand visibility." Mukka Proteins spent 17.1% of its ₹224 crore issue size on IPO-related expenses. Similarly, Shah Polymers incurred expenses amounting to 16.6% of its ₹66 crore contrast, larger issuances had significantly lower expense ratios. Bharti Hexaware's ₹4,275 crore IPO incurred 1.51% in expenses, while Bajaj Housing's ₹6,560 crore and Hyundai Motor India 's ₹27,870 crore IPO entailed 1.68% and 2.24% expenses, expenses in India are broadly in line with global trends, said lawyers."Compared to global markets like the US, where underwriting and regulatory costs can be even higher, Indian IPO expenses are competitive and justified by the intense due diligence, marketing and compliance efforts required," said Ketan Mukhija, senior partner, Burgeon companies typically incur less than 1.5% of the issue size as IPO expenses. Companies such as NTPC Green Energy and LIC recorded exceptionally low expense ratios of 0.54% and 0.58%, respectively. BRLM fees continue to dominate, accounting for nearly half the IPO expenses. These are closely followed by payments to legal advisors and statutory auditors (15%), listing fees (10%) and marketing spending (about 9%).In 2024-25, the average issue size swelled to ₹2,057 crore from ₹814 crore in the previous financial year, reflecting a growing appetite for large-scale fundraising and increased confidence in Indian capital markets. Average listing expenses also went up-to ₹80 crore in 2024-25 from ₹47 crore in 2023-24.
