Fairfax India Holdings Corporation

Fairfax India Holdings Corporation is an investment holding company founded in 2014 and headquartered in Toronto, Canada. It focuses on long-term capital appreciation and capital preservation through investments in public and private equity securities and debt instruments primarily in India. The company targets Indian businesses or other entities with significant connections to India, including customers and suppliers. Fairfax India seeks to acquire control or significant influence in its investments, aligning its strategy with the growth potential of the Indian market. As a subsidiary of Fairfax Financial Holdings Limited, it operates with a clear investment objective aimed at maximizing value while mitigating risk.

Prem Watsa

Founder and Chairman

15 past transactions

Global Aluminium Private Limited

Acquisition in 2024
Global Aluminium Private Limited manufactures of extruded aluminum products for the architecture, renewable energy, automotive, electronics, and electrical industries. T

Jaynix Engineering

Acquisition in 2022
Jaynix Engineering is an India-based manufacturing company that specializes in producing high-quality non-ferrous electrical connectors and electrical assemblies. The company also manufactures sheet metal stampings and extra deep drawn parts. As a strategic Tier 1 supplier, Jaynix serves major electrical companies in the European and North American markets, providing products such as neutral bars, lugs, and connectors. The company emphasizes a commitment to delivering zero-defect manufactured products to its clients.

Seven Islands Shipping

Secondary Market in 2019
Seven Islands Shipping Limited is a Mumbai-based liquid seaborne logistics company that specializes in the transportation of crude oil and various liquid products, including white oils, black oils, lube oils, and liquid chemicals. Established in 2002, the company operates a fleet of 12 vessels with a total deadweight capacity of 900,558 tons, comprising small, medium range, Suezmax, and very large crude carriers. Seven Islands Shipping is committed to maintaining high safety and environmental standards, complying with ISO 9001:2015, and adhering to regulations set by the American Bureau of Shipping and the Indian Register of Shipping. The company has consistently been profitable since its inception, demonstrating steady growth in earnings while providing efficient and reliable marine logistics services. Its in-house team manages various operational aspects, including technical management, chartering, and legal matters, ensuring that client logistics needs are met effectively.

CSB Bank

Acquisition in 2018
CSB Bank Limited, headquartered in Thrissur, India, is a private sector bank that provides a range of banking products and services catering to small and medium enterprises, retail customers, and NRIs. The bank operates through four main segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It offers various deposit products, including current and savings accounts, term deposits, and specialized accounts for NRI customers. CSB Bank provides a wide array of loan options, such as personal, home, vehicle, education, agricultural, and gold loans, as well as working capital and commercial vehicle loans. Additionally, the bank engages in investment activities, proprietary trading, and offers services like money transfers, utility payments, and internet banking. With a network of approximately 411 branches and 300 ATMs, CSB Bank serves over one million customers across India. Established in 1920 and originally known as The Catholic Syrian Bank Limited, it rebranded to CSB Bank Limited in June 2019.

Bangalore International Airport

Venture Round in 2017
Bangalore International Airport Limited operates an international airport in Bengaluru, India, which encompasses essential facilities such as runways, taxiways, aprons, and a passenger terminal that accommodates domestic and international flights. The airport is equipped with a fuel farm, aircraft maintenance facilities, control towers, and an administrative building. Additionally, it offers various services, including transportation options, duty-free shops, restaurants, and advertising opportunities. Established in 2001, the company has become a key player in the transportation industry and serves as a vital hub for air travel in the region. As of May 2018, it operates as a subsidiary of FIH Mauritius Investments Ltd.

IIFL Finance

Post in 2017
IIFL Finance is a prominent financial services company based in India, focusing on providing a diverse range of financial solutions. Its core offerings include home loans, gold loans, business loans, and microfinance solutions, which cater to various customer needs. In addition to these core products, IIFL Finance also engages in synergistic activities related to capital markets, construction, and real estate. The company operates through two main business units: core products and synergistic products, with home loans and business loans being significant components of its operations. IIFL Finance's comprehensive approach encompasses credit and finance, wealth management, financial product distribution, asset management, and investment banking, generating all its revenue domestically.

Saurashtra Freight

Acquisition in 2017
Saurashtra Freight is a company that specializes in container freight services, focusing on the import and export of cargo. It offers a range of services including the stuffing and destuffing of containers, cargo storage, warehousing, and last-mile delivery. Catering primarily to shipping lines and large corporations, Saurashtra Freight plays a vital role in facilitating efficient trade logistics, ensuring that goods are transported safely and effectively throughout the supply chain.

Privi Organics

Acquisition in 2016
Privi Organics Limited, based in Navi Mumbai, India, specializes in the manufacture, supply, and export of aroma chemicals. Established in 1982, the company began production in 1992 with just two products and has since expanded its range to over 50, achieving a production capacity of approximately 15,500 tons per annum. Privi's offerings include dihydromyrcenol, amber fleur, citral derivatives, and various sandal products, catering to the flavor and fragrance markets both domestically and internationally. The company is recognized for its strong focus on research and development, with two advanced R&D labs and a pilot plant dedicated to creating custom aroma chemicals and green products. Privi's commitment to quality is reflected in its ISO certifications, including ISO 9001:2008 and ISO 14001:2004, as well as the BS OHSAS 18001:2007 standard for occupational health and safety. Over the past two decades, the company has experienced consistent growth, driven by its dedication to providing high-quality products and services while maintaining environmental sustainability.

The Sanmar Group

Debt Financing in 2016
The Sanmar Group is a multinational conglomerate based in Chennai, India, with a history dating back to 1972. Initially starting with a single business operation, it has grown into a billion-dollar enterprise with manufacturing facilities in India, Mexico, and Egypt. The Group operates in three primary sectors, focusing on chemical manufacturing, engineering, technologies, and shipping. Sanmar's diverse portfolio reflects its commitment to excellence and innovation in various industries, solidifying its presence in the global market.

The Sanmar Group

Venture Round in 2016
The Sanmar Group is a multinational conglomerate based in Chennai, India, with a history dating back to 1972. Initially starting with a single business operation, it has grown into a billion-dollar enterprise with manufacturing facilities in India, Mexico, and Egypt. The Group operates in three primary sectors, focusing on chemical manufacturing, engineering, technologies, and shipping. Sanmar's diverse portfolio reflects its commitment to excellence and innovation in various industries, solidifying its presence in the global market.

Fairchem Speciality

Private Equity Round in 2016
Fairchem Speciality is a manufacturer based in Navi Mumbai, India, specializing in the production of specialty oleo chemicals and intermediate nutraceuticals. The company offers a diverse range of products, including aroma chemicals like dihydromyrcenol and terpineol, as well as various nutraceuticals such as mixed tocopherol and sterol concentrates. Fairchem also produces oleo chemicals, including dimer, linoleic, monomer, and distilled fatty acids. Established in 2019, Fairchem is focused on serving both domestic and international markets, contributing to the growing demand for specialty chemical products.

Fairchem Specialty

Post in 2016
Fairchem Specialty is a chemical manufacturing firm. They offer products that include natural concentrated tocopherols, dimer acid, distilled fatty acid, palmitic acid, and linoleic acid.

National Collateral

Acquisition in 2015
National Collateral Management Services Ltd. (NCMSL) is a prominent Indian organization specializing in risk management solutions for commodities and inventory handling. Founded in 2004 and based in Mumbai, NCMSL offers a comprehensive range of services, including storage, preservation, collateral management, procurement, and testing and certification. The company also provides market intelligence services related to trade, weather, commodity prices, and crop data. Its risk management solutions cater to various stakeholders, including farmers, commodity exchanges, banks, and government agencies, addressing needs across multiple stages such as post-harvest, pre-purchase, pre-processing, and both pre and post-shipment. With a professional board and strong backing from leading banks and organizations, NCMSL operates nationwide, ensuring effective management of commodity-related risks and facilitating smoother transactions in the agricultural market. The company has established a strategic partnership with Ace Global Private Limited, enhancing its service offerings in the sector.

IIFL Finance

Post in 2015
IIFL Finance is a prominent financial services company based in India, focusing on providing a diverse range of financial solutions. Its core offerings include home loans, gold loans, business loans, and microfinance solutions, which cater to various customer needs. In addition to these core products, IIFL Finance also engages in synergistic activities related to capital markets, construction, and real estate. The company operates through two main business units: core products and synergistic products, with home loans and business loans being significant components of its operations. IIFL Finance's comprehensive approach encompasses credit and finance, wealth management, financial product distribution, asset management, and investment banking, generating all its revenue domestically.

IIFL Finance

Post in 2010
IIFL Finance is a prominent financial services company based in India, focusing on providing a diverse range of financial solutions. Its core offerings include home loans, gold loans, business loans, and microfinance solutions, which cater to various customer needs. In addition to these core products, IIFL Finance also engages in synergistic activities related to capital markets, construction, and real estate. The company operates through two main business units: core products and synergistic products, with home loans and business loans being significant components of its operations. IIFL Finance's comprehensive approach encompasses credit and finance, wealth management, financial product distribution, asset management, and investment banking, generating all its revenue domestically.
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