Recently I came across an equity deal for HATS on an alternative investments platform Sterlcent. (Deal link)
On offer is a guaranteed 3x equity growth + 9% p.a. dividend on the invested amount. The tenure is 60 months. Minimum investment required is INR 50K
I connected with the company's support on email, sharing some key points:
My point is, this sounds too good to be true. Is this a scam?
On offer is a guaranteed 3x equity growth + 9% p.a. dividend on the invested amount. The tenure is 60 months. Minimum investment required is INR 50K
I connected with the company's support on email, sharing some key points:
- How do I exit this investment? – Please note that HATS will be giving a buy-back offer post 60 months which will give you opportunity to take an exit from the investment. This buy-back offer will be made at 3x of the investment amount, which is guaranteed. If you do not accept the buy-back offer from HATS, then you may continue with the fresh Shareholding Agreement which will be executed at 61st months.
- If you continue after 60 months - If you don’t accept the buy-back offer at 61st month, a new Shareholding Subscription Agreement will be executed with the new deal terms that shall be decided at that point of time. SterlCent as your Investment Manager, shall be evaluating and suggesting the users whether to continue with their investment or take an exit. We have recommended this to all our users for a prominent reason i.e. the business performance needs to be evaluated and the growth potential needs to be analysed before taking a call.
- How do you guarantee 3x returns on equity? – The guarantee is provided based on the performance of HATS in past and their future growth projections. HATS have signed MoU for 25 years with Airport Authority of India, alongside acquisition of more aircrafts to expand their operations multi-fold. Multiple such factors backs the deal for a guaranteed 3x returns. The financial analysis is also a major contributing factor to their 3x guarantee. The governing document including the primary Shareholding Agreement between HATS and SterlCent shall include this clause and the same shall be present on your individual Subscription Agreement.
My point is, this sounds too good to be true. Is this a scam?