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College Seeking Loan in Trichy, India

Seeking investment/business loan to help with future development of IT tech park, launch new colleges.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity Other
Reported Sales USD 980 thousand
Run Rate Sales USD 1.25 million
EBITDA Margin 20 - 30 %
Industries Office Space + 1 more
Locations  Trichy
Local Time 3:38 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.9 million for 10.0% annual interest, 10 years (Native Currency: INR 250,000,000)
Reason: The loan will help with: 1. Start a new pharmacy and allied health science colleges. 2. Develop th... View More
Collateral Available: USD 11.5 million
Includes physical assets worth USD 11.5 million
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Business Overview
- The business operates 4 colleges and 1 IT tech park.
- It has a total of 1,400 students enrolled and expects over 1,700 students next year.
- The business operates engineering, nursing, B. Ed and polytechnic colleges.
- The IT tech park hosts well-known MNCs and currently has a 50% occupancy.
- The business has a valid GST, and the colleges have AICTE & university certifications.
Products & Services Overview
- The business operates 4 colleges offering engineering, nursing, B. Ed and polytechnic courses.
- The IT tech park spans 50,000 square feet and hosts well-known MNCs.
Assets Overview
Physical assets owned by the business include:
- 23 acre land worth INR 35 crores.
- 6 buildings and infrastructure worth INR 65 crores.
Facilities Overview
All the 4 colleges are located on a continuous land of 23 acres in Trichy.
The land and the build are owned by the institution.
Capitalization Overview
The institutions are all owned by 5 trustees under the same family.
- There is a bank loan of INR 15 crores.
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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