Seeking $60M US (300Cr.INR) for a Hospital project in Hyderabad, Andhra Pradesh, India.

[Rajendrakumar rara k]

My client is looking funding for a Project which is a Chain of Super Specialty Hospitals at Pan India Levels (Cities & Towns), which is a Govt. approved project. Letter of Intent is ready, Year of incorporation of company is 2011. Our vision is CORPORATE - HEALTHCARE SERVICES AT INTERNATIONAL STANDARDS ie, A - Z Healthcare Solutions at one place. Initial investment required is around 50M USD to 60M USD (250–300 INR Crores) for starting the first Phase of our Project in Hyderabad – Andhra pradesh State, India- which is Three Super Specialty Hospitals. We have Third Party Collateral against the Fund with clear documents and the face value of the Collateral is equals to 95M USD (470 INR Crores) as per current Govt. Value not market value. Please contact us with your valuable feedback with your terms and conditions.

INVESTEE’S EXPECTATION                                                         

01	Each Project Cost stands around Rs.35 CR (07 Million USD) to set up a single super specialty hospital (250 Beds), however it may vary from place to place & stature of hospitals.
02	Expected to set up chains of hospitals at various locations, (towns / cities) including Hyderabad,A.P., especially meant for poor people/BPL Patients
03	Expected legitimate project funding for either single projects or more even worth amount Rs.100CR & above at one stretch under MOU agreements.
044	Expected project funding from private financiers, NRIs, banking institutions, Venture Capitalist, at nominal ROI between 06 – 10 % p.a. for 07 Years.
05	Expected moratorium period 12 -15 months, stipulated interest & capital amount payable quarterly / half yearly at regular intervals through RTGS/Draft.
06	Expected project funding against project report / third party collateral security (mortgage of property in the form of residential or Agri. land), existing in Hyderabad city, whose Govt. Cost Value (CV) stands around Rs.400 CR & Above

Sorry, we are not comfortable to pay any Upfront charges/ Processing Fee / Legal fee /Stamp Duty Fee, Franklin Charges, To & fro Boarding & Lodging charges Etc. in advance, however we may enter into a valid Mandate – Agreements with issuance of a PDC to reimburse such admissible charges only after the disbursement of entire sanctioned loan amount to Co.

INVESTEE’S NOTES

01	The details of Third Party Collateral Security (Property) has been collected from the open markets under the services of Property Consultants which is readily available for mortgage or outright sale under due consent from the property owners.
02	The status of Third Party Collateral Securities (Property), submitted earlier, may be substituted to another right properties, if sold out or not available in the open markets during the time of legal verifications carried out by the financiers .
03	Being “Start Up Venture”, we may not provide the ITR & Bank Statements of our Firm because the firm i.e. M/s xxxxxxxxxxxxxxxxxxx, Hyderabad is registered last year only.
044	We are looking for Complete Venture Capital Fund (VC Fund) to set up our upcoming Green Field Healthcare Projects (Super Specialty Hospitals). Henceforth, we may not arrange any % of Equity Capital Fund to seek Project Fund for Rs. 35 Crore or above.
05	We are engaged towards carrying out intensive surveys to locate viable area, buildings, plots to the different cities & towns to set up Super Specialty Hospitals , ensuring service cum profit oriented business.
06	We are looking forward to have hands of Joint Venture (JV) activities from the desirous individual / parties / concerns / NRIs / Trusts, etc.

07. By and large, we are open to have personal discussions with financiers regarding Project Funding aspects for irrespective of the legitimate funding amount at attractive terms & conditions.