0124-2278183-186

PROJECT AT GLANCE/EXECUTIVE SUMMARY

A NAME DASHMESH EDUCATIONAL CHARITABLE TRUST
B ADDRESS Chandu-Budhera,  Gurgaon (Haryana) – 122505
C CONSTITUTION Registered Educational Trust
D ESTABLISHED SINCE 1999
E PROMOTERS/TRUSTEES 1. Mrs Madhu Preet Kaur Chawla – Chairperson
2. Mr Manmohan Singh Chawla – Managing trustee
3. Mr. Simranjeet Singh - Trustee
4. Mr Manmeet Singh Chawla- Trustee
5. Mrs Harjeet Kaur- Trustee
6. Mr. Rupinder Singh- Trustee
F STATUS OF STATUTORY APPROVALS All Obtained
G BANKING ARRANGEMENT Consortium
H LEAD BANK Punjab National Bank
I BUSINESS ACTIVITY Existing : Running Medical College, Dental college and medical hospital
Proposed: To set up 7 new colleges (Under SGT University)
J GIST OF PROPOSAL -Application for sanction of fresh term loan of Rs. 76.00 Crores in consortium with Punjab National Bank and Punjab & Sind Bank.
-Enhancement of O/D Limit from Rs.5.00 Crores to Rs.15.00 Crores
- Renewal/review of existing term loan of Rs. 40.00 Crores
K COST OF NEW PROJECT Rs.  119.28 Crores
L SCHEME OF FINANCE Trustee’s Contribution / Internal
Accruals:                               43.28 Crores (36%)
Term Loan From Bank :        76.00 Crores (64%)  
M EXTERNAL CREDIT RATING Long term rating: B stable (CRISIL)
Short term rating: A-4 (CRISIL)
N SELECTIVE PARAMETERS For New Project
I DEBT: EQUITY 1.76:1
II INVESTMENT:EARNING 22.56%
III DSCR (AVERAGE) 1.51
IV MINIMUM DSCR 1.38
O GESTATION PERIOD 18 Months
P REPAYMENT PERIOD 84 Months (Excluding Gestation period)
Q DOOR TO DOOR TENOR 102 Months
R REPAYMENT STARTS 31ST Oct., 2016
S YEAR WISE DRAW DOWN 2015-16                   21.92 Crores
2016-17                   31.16 Crores
2017-18                   22.92 Crores