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 |