Nisus Finance Successfully Exits Skytech Estates Investment with 1.5x MOIC

Nisus Finance Successfully Exits Skytech Estates Investment with 1.5x MOIC

Mumbai, Feb 9: Nisus Finance Services Co Ltd. (Nisus Finance), a leading player in urban infrastructure and real estate finance, today announced the successful and timely exit from its investment in Skytech Estates Private Limited. The exit, completed on February 3, 2026, well ahead of the originally planned timeline of June 2026, yielded an Internal Rate of Return (IRR) of approximately 16.5% and a Multiple on Invested Capital (MOIC) of 1.5x over a holding period of approximately three years.

The investment was made in 2023 through the Real Estate Special Opportunities (RESO) Fund in Senior Secured Redeemable Non-Convertible Debentures of Skytech Estates Pvt Ltd. The issuer is developing Skytech Mall in Rohtak and Skytech Colours Avenue, a residential project in Greater Noida. The successful exit demonstrates Nisus Finance’s ability to identify and support high-quality real estate opportunities beyond India’s major cities, reinforcing its commitment to enabling urban development in emerging markets.

The investment stands fully discharged, with all outstanding dues settled and security interests released, reflecting Nisus Finance’s strong asset management discipline, strategic stakeholder engagement, and execution excellence.

Commenting on the exit, Avadhoot Sarwate, Chief Investment Officer, Nisus Finance Services Co Ltd, said:

“The successful exit from Skytech Estates highlights Nisus’ disciplined asset management, strong execution capabilities in complex real estate investments, and proven ability to actively manage and turn around stressed assets. This transaction reinforces our RESO fund’s focus on well-located projects with strong fundamentals while bringing hands-on structuring, monitoring, and resolution expertise to protect and enhance investor value. Achieving a full and final settlement ahead of schedule underscores our ability to actively manage risk, engage stakeholders effectively, and deliver targeted, risk-adjusted returns for our investors.”

The Nisus team successfully navigated cash flow challenges, protecting investors’ capital while delivering strong risk-adjusted returns through proactive asset management, disciplined enforcement, and strategic stakeholder engagement. This early resolution highlights Nisus Finance’s expertise in managing and restructuring distressed commercial real estate assets.