Educational Institute in Pune Looking for debt financing for 10.3 Cr project

Posted On: 02 / Feb / 2023
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Deal Details

Annual

Deal Type

Debt Finance
Maximum Loan

Industry

Education
Charge

Deal Status

Active

Deal Description

Shiksha Veritas Highschool is an ICSE board Highschool started by Shreeja Educational Society in the year 2015.The journey was started by Jayshree Dileep P.S in 2009 when they took up the franchisee of a leading preschool and set up 3 playschools by 2013.In 2013 Dileep Gopalkrishnan P.S also joined Shiksha Veritas and set up two more playschools and brought them all under their own brand Shiksha Veritas Playschool.In 2014, along with the founder members and few friends and academicians Shreeja Education Society a charitable trust was formed to get into higher education and Shiksha Veritas highschool was setup. The School started its operation in 2015 and Jayshree Dileep P.S acted as the guiding force and later joined as the Principal of the school.The school has been doing excellently from the past eight years and we have seen the ups and downs of the business during covid times. We were very fast in adopting online teaching and learning process during the covid and were one of the first in the area to start online classes. The school works on the principal of quality and excellence in educational standards and have catered to a good segment of parents and is counted among top class educational institutes in Dhayari Pune.

The good practices and experience have encouraged us to open one more branch of Highschool in Undri Pune.The plot is an amenity space associated with a reputed builder in Pune. It is a prime location with a developing scheme of 330 flats in it and multiple residential township in adjoing plots.We are setting up our Highschool on the plot with a  capacity of 1400 students.

The project proposal for the same is attached along with the balance sheet and P& L of our existing school.We are looking to get a total funding of 7.75 Cr through a mix of Debt and Institutional funding. 

Attached Files

icon Project report Balance Sheet pdf

Deal Value
7.75 Crore
Targeted Region
Asia Pacific

Revenue

2019-20
1 Crore
2020-21
1.3 Crore
2021-22
1.5 Crore