Case Study - 08

Industry

Service (Hospital) in Down South

Activity

Leading Psychiatric Hospital

About the Company

The company was running 67 bedded Psychiatric Hospital. Company has approached VGRO to raise Funds to set up a new psychiatric 180 Bedded Hospital.

Challenges Faced by the Company

Due to the Greenfield project and massive expansion plan compared to existing operation with non-conventional industry, New lenders were finding very difficult to fund.

A Financial Institution has funded partially and is neither able to fund balance portion nor ceding paripassue charge.

VGro Assignment & Transaction Target

Project Fund tie up with new Lenders and take over from Existing Lenders

Result

VGRO has not only able to arrange fund for the projects also helped promoter to arrange Margin money for Promoter at Individual Level

Summary of the Transaction

VGRO helped company to raise funds for the new project, which company was trying for last 2 years

Case Study