A Debt Requirement in excess of Rs.

130 Crores
Quick Facts: Industry Education - Engineering Business Commencement - 1995 Location Central Tamil Nadu Constitution Charitable Trust Pertinent Facts BE, B.Tech, MBA, MCA, Diploma and Teachers Training 6477 students for Aca Yr. 2011-12 Adds 600 students every year 7100 students expected for Aca Yr. 2012-13 396 Teaching Staff 302 Non Teaching Staff CRISIL SME-2 Rating Debt as a percentage of net worth at present - Less than 50% Debt: Net Worth post funding 1.50:1 Security Value Rs.600 Crores The Requirement Debt Funding of Rs.130 Crs 7 and a half year repayment schedule including one year principal moratorium Financial Highlights Particulars Gross Income Net Income Book Value of Assets Net Worth Loan from Bank FY 2009 3218 1489 3143 3793 FY 2010 3247 1012 5443 4809 FY 2011 4641 980 6514 5790 2998 Project Particulars Project Cost Existing Loan Promoters Contribution Required Loan Value of Security
INR Lakhs

An Educational Institute of Repute

Overview of the Proposal Started in the year 1994, the college started admitting students from the year 1995 onwards. Courses Offered B.E (Aeronautical / Civil / Computer Science / Electrical & Electronic / Electrical / Instrumentation/ Electrical & Communications etc. B.Tech (Information Technology ) P/G courses : M.E ( Computer science / CAD & CAM / Electrical etc. Management courses : MBA & MCA courses Teacher Training Institute / BED / MED Polytechnic college : Diploma ( Automobile Engineering / Civil Mechanical / Electrical etc. Present average is less than 17 students per teacher and around 9 students per staff including all staff. Very healthy year or year growth in students. Academic Year 2011-12 saw 6477 registration. Number of students is expected to be 7100 for Academic Year 2012-13. Trust wants to execute a project expansion with an outlay of Rs.134 Crores. Trust will bring in Rs.33.50 Crores being 25% of Capital Expenditure. The Institution presently has a loan outstanding of Rs.30 Crores from a Nationalised Bank. This is at an interest rate of 15% which is far high compared to the credit rating of the establishment The establishment seeks takeover of this loan at reduced percentage. Project is towards construction of new facilities and replacement of old equipment and furniture, an Indoor Stadium and Hanger for Aircraft Project will add substantially to the existing infrastructure and the number of students. Surplus on differential student numbers alone will be sufficient to service Debt and Interest. Target Interest Rate 12% Net Income is dropping down because of increased interest cost Value of Security based on recent valuation Rs.600 Crores not including Assets to be created with this loan.

FY 2013 13400 3000 3350 13050 60000

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