Case Study - 06

Industry

Real Estate

Activity

Construction of Grade A warehouse and lease out

About the Company

Start Up Company

Challenges Faced by the Company

The company is newly established, but the promoter has vast experience in the real estate field. They managed to acquire land in prime areas through unsecured loans but struggled to raise funds.

Transaction Target

To facilitate structured finance for a startup company without any collateral.

VGro Assignment

VGro developed a financial model for the project, covering the contract tenure of 12 years. VGro researched the market scenario and planned the fund-raising process accordingly.

We undertook the preparation of the TEV/LEI Report for prospective lenders.

Result

Secured sanction from a single borrower to the tune of 100+ Crore, with the other two entities acting as co-borrowers.

Initial disbursement of ₹30 Crore only with a Letter of Intent (LOI) in place.

Summary of the Transaction

VGro helped the company to close the high debt funds with structured finance by converting CF to LRD.

Case Study